Borrow amount
$30k
Advertised Rate

6.79

% p.a

Fixed

Comparison Rate*

8.12

% p.a

Loan term
5 Years
Bank First
Repayment frequency
Monthly
Monthly repayment

$591

Number of repayments
60
Total interest paid
$5.5k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1May 2021$421.32$169.75$591.07$29,578.68
2Jun 2021$423.70$167.37$591.07$29,154.98
3Jul 2021$426.10$164.97$591.07$28,728.88
4Aug 2021$428.51$162.56$591.07$28,300.37
5Sep 2021$430.94$160.13$591.07$27,869.43
6Oct 2021$433.38$157.69$591.07$27,436.05
7Nov 2021$435.83$155.24$591.07$27,000.22
8Dec 2021$438.29$152.78$591.07$26,561.93
2021 Total$3,438.07$1,290.49$4,728.56
9Jan 2022$440.77$150.30$591.07$26,121.16
10Feb 2022$443.27$147.80$591.07$25,677.89
11Mar 2022$445.78$145.29$591.07$25,232.11
12Apr 2022$448.30$142.77$591.07$24,783.81
13May 2022$450.83$140.24$591.07$24,332.98
14Jun 2022$453.39$137.68$591.07$23,879.59
15Jul 2022$455.95$135.12$591.07$23,423.64
16Aug 2022$458.53$132.54$591.07$22,965.11
17Sep 2022$461.13$129.94$591.07$22,503.98
18Oct 2022$463.73$127.34$591.07$22,040.25
19Nov 2022$466.36$124.71$591.07$21,573.89
20Dec 2022$469.00$122.07$591.07$21,104.89
2022 Total$5,457.04$1,635.8$7,092.84
21Jan 2023$471.65$119.42$591.07$20,633.24
22Feb 2023$474.32$116.75$591.07$20,158.92
23Mar 2023$477.00$114.07$591.07$19,681.92
24Apr 2023$479.70$111.37$591.07$19,202.22
25May 2023$482.42$108.65$591.07$18,719.80
26Jun 2023$485.15$105.92$591.07$18,234.65
27Jul 2023$487.89$103.18$591.07$17,746.76
28Aug 2023$490.65$100.42$591.07$17,256.11
29Sep 2023$493.43$97.64$591.07$16,762.68
30Oct 2023$496.22$94.85$591.07$16,266.46
31Nov 2023$499.03$92.04$591.07$15,767.43
32Dec 2023$501.85$89.22$591.07$15,265.58
2023 Total$5,839.31$1,253.53$7,092.84
33Jan 2024$504.69$86.38$591.07$14,760.89
34Feb 2024$507.55$83.52$591.07$14,253.34
35Mar 2024$510.42$80.65$591.07$13,742.92
36Apr 2024$513.31$77.76$591.07$13,229.61
37May 2024$516.21$74.86$591.07$12,713.40
38Jun 2024$519.13$71.94$591.07$12,194.27
39Jul 2024$522.07$69.00$591.07$11,672.20
40Aug 2024$525.02$66.05$591.07$11,147.18
41Sep 2024$528.00$63.07$591.07$10,619.18
42Oct 2024$530.98$60.09$591.07$10,088.20
43Nov 2024$533.99$57.08$591.07$9,554.21
44Dec 2024$537.01$54.06$591.07$9,017.20
2024 Total$6,248.38$844.46$7,092.84
45Jan 2025$540.05$51.02$591.07$8,477.15
46Feb 2025$543.10$47.97$591.07$7,934.05
47Mar 2025$546.18$44.89$591.07$7,387.87
48Apr 2025$549.27$41.80$591.07$6,838.60
49May 2025$552.37$38.70$591.07$6,286.23
50Jun 2025$555.50$35.57$591.07$5,730.73
51Jul 2025$558.64$32.43$591.07$5,172.09
52Aug 2025$561.80$29.27$591.07$4,610.29
53Sep 2025$564.98$26.09$591.07$4,045.31
54Oct 2025$568.18$22.89$591.07$3,477.13
55Nov 2025$571.40$19.67$591.07$2,905.73
56Dec 2025$574.63$16.44$591.07$2,331.10
2025 Total$6,686.1$406.74$7,092.84
57Jan 2026$577.88$13.19$591.07$1,753.22
58Feb 2026$581.15$9.92$591.07$1,172.07
59Mar 2026$584.44$6.63$591.07$587.63
60Apr 2026$587.63$3.33$590.96$0.00
2026 Total$2,331.1$33.07$2,364.17