Borrow amount
$30k
Advertised Rate

8.79%

p.a Variable

Comparison Rate*

9.07%

p.a

Loan term
5 Years
Bank First
Repayment frequency
Monthly
Monthly repayment

$620

Number of repayments
60
Total interest paid
$7.2k
Total repayments

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.

DatePrincipalInterestPaymentBalance
1May 2021$399.95$219.75$619.70$29,600.05
2Jun 2021$402.88$216.82$619.70$29,197.17
3Jul 2021$405.83$213.87$619.70$28,791.34
4Aug 2021$408.80$210.90$619.70$28,382.54
5Sep 2021$411.80$207.90$619.70$27,970.74
6Oct 2021$414.81$204.89$619.70$27,555.93
7Nov 2021$417.85$201.85$619.70$27,138.08
8Dec 2021$420.91$198.79$619.70$26,717.17
2021 Total$3,282.83$1,674.77$4,957.6
9Jan 2022$424.00$195.70$619.70$26,293.17
10Feb 2022$427.10$192.60$619.70$25,866.07
11Mar 2022$430.23$189.47$619.70$25,435.84
12Apr 2022$433.38$186.32$619.70$25,002.46
13May 2022$436.56$183.14$619.70$24,565.90
14Jun 2022$439.75$179.95$619.70$24,126.15
15Jul 2022$442.98$176.72$619.70$23,683.17
16Aug 2022$446.22$173.48$619.70$23,236.95
17Sep 2022$449.49$170.21$619.70$22,787.46
18Oct 2022$452.78$166.92$619.70$22,334.68
19Nov 2022$456.10$163.60$619.70$21,878.58
20Dec 2022$459.44$160.26$619.70$21,419.14
2022 Total$5,298.03$2,138.37$7,436.4
21Jan 2023$462.80$156.90$619.70$20,956.34
22Feb 2023$466.19$153.51$619.70$20,490.15
23Mar 2023$469.61$150.09$619.70$20,020.54
24Apr 2023$473.05$146.65$619.70$19,547.49
25May 2023$476.51$143.19$619.70$19,070.98
26Jun 2023$480.01$139.69$619.70$18,590.97
27Jul 2023$483.52$136.18$619.70$18,107.45
28Aug 2023$487.06$132.64$619.70$17,620.39
29Sep 2023$490.63$129.07$619.70$17,129.76
30Oct 2023$494.22$125.48$619.70$16,635.54
31Nov 2023$497.84$121.86$619.70$16,137.70
32Dec 2023$501.49$118.21$619.70$15,636.21
2023 Total$5,782.93$1,653.47$7,436.4
33Jan 2024$505.16$114.54$619.70$15,131.05
34Feb 2024$508.87$110.83$619.70$14,622.18
35Mar 2024$512.59$107.11$619.70$14,109.59
36Apr 2024$516.35$103.35$619.70$13,593.24
37May 2024$520.13$99.57$619.70$13,073.11
38Jun 2024$523.94$95.76$619.70$12,549.17
39Jul 2024$527.78$91.92$619.70$12,021.39
40Aug 2024$531.64$88.06$619.70$11,489.75
41Sep 2024$535.54$84.16$619.70$10,954.21
42Oct 2024$539.46$80.24$619.70$10,414.75
43Nov 2024$543.41$76.29$619.70$9,871.34
44Dec 2024$547.39$72.31$619.70$9,323.95
2024 Total$6,312.26$1,124.14$7,436.4
45Jan 2025$551.40$68.30$619.70$8,772.55
46Feb 2025$555.44$64.26$619.70$8,217.11
47Mar 2025$559.51$60.19$619.70$7,657.60
48Apr 2025$563.61$56.09$619.70$7,093.99
49May 2025$567.74$51.96$619.70$6,526.25
50Jun 2025$571.90$47.80$619.70$5,954.35
51Jul 2025$576.08$43.62$619.70$5,378.27
52Aug 2025$580.30$39.40$619.70$4,797.97
53Sep 2025$584.55$35.15$619.70$4,213.42
54Oct 2025$588.84$30.86$619.70$3,624.58
55Nov 2025$593.15$26.55$619.70$3,031.43
56Dec 2025$597.49$22.21$619.70$2,433.94
2025 Total$6,890.01$546.39$7,436.4
57Jan 2026$601.87$17.83$619.70$1,832.07
58Feb 2026$606.28$13.42$619.70$1,225.79
59Mar 2026$610.72$8.98$619.70$615.07
60Apr 2026$615.07$4.51$619.58$0.00
2026 Total$2,433.94$44.74$2,478.68