Borrow amount
$30k
Advertised Rate

5.80%

Variable

Comparison Rate*

5.84%

Loan term
5 Years
Laboratories Credit Union
Repayment frequency
Monthly
Monthly repayment

$577

Number of repayments
60
Total interest paid
$4.6k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Feb 2021$432.20$145.00$577.20$29,567.80
2Mar 2021$434.29$142.91$577.20$29,133.51
3Apr 2021$436.39$140.81$577.20$28,697.12
4May 2021$438.50$138.70$577.20$28,258.62
5Jun 2021$440.62$136.58$577.20$27,818.00
6Jul 2021$442.75$134.45$577.20$27,375.25
7Aug 2021$444.89$132.31$577.20$26,930.36
8Sep 2021$447.04$130.16$577.20$26,483.32
9Oct 2021$449.20$128.00$577.20$26,034.12
10Nov 2021$451.37$125.83$577.20$25,582.75
11Dec 2021$453.55$123.65$577.20$25,129.20
2021 Total$4,870.8$1,478.4$6,349.2
12Jan 2022$455.74$121.46$577.20$24,673.46
13Feb 2022$457.94$119.26$577.20$24,215.52
14Mar 2022$460.16$117.04$577.20$23,755.36
15Apr 2022$462.38$114.82$577.20$23,292.98
16May 2022$464.62$112.58$577.20$22,828.36
17Jun 2022$466.86$110.34$577.20$22,361.50
18Jul 2022$469.12$108.08$577.20$21,892.38
19Aug 2022$471.39$105.81$577.20$21,420.99
20Sep 2022$473.67$103.53$577.20$20,947.32
21Oct 2022$475.95$101.25$577.20$20,471.37
22Nov 2022$478.26$98.94$577.20$19,993.11
23Dec 2022$480.57$96.63$577.20$19,512.54
2022 Total$5,616.66$1,309.74$6,926.4
24Jan 2023$482.89$94.31$577.20$19,029.65
25Feb 2023$485.22$91.98$577.20$18,544.43
26Mar 2023$487.57$89.63$577.20$18,056.86
27Apr 2023$489.93$87.27$577.20$17,566.93
28May 2023$492.29$84.91$577.20$17,074.64
29Jun 2023$494.67$82.53$577.20$16,579.97
30Jul 2023$497.06$80.14$577.20$16,082.91
31Aug 2023$499.47$77.73$577.20$15,583.44
32Sep 2023$501.88$75.32$577.20$15,081.56
33Oct 2023$504.31$72.89$577.20$14,577.25
34Nov 2023$506.74$70.46$577.20$14,070.51
35Dec 2023$509.19$68.01$577.20$13,561.32
2023 Total$5,951.22$975.18$6,926.4
36Jan 2024$511.65$65.55$577.20$13,049.67
37Feb 2024$514.13$63.07$577.20$12,535.54
38Mar 2024$516.61$60.59$577.20$12,018.93
39Apr 2024$519.11$58.09$577.20$11,499.82
40May 2024$521.62$55.58$577.20$10,978.20
41Jun 2024$524.14$53.06$577.20$10,454.06
42Jul 2024$526.67$50.53$577.20$9,927.39
43Aug 2024$529.22$47.98$577.20$9,398.17
44Sep 2024$531.78$45.42$577.20$8,866.39
45Oct 2024$534.35$42.85$577.20$8,332.04
46Nov 2024$536.93$40.27$577.20$7,795.11
47Dec 2024$539.52$37.68$577.20$7,255.59
2024 Total$6,305.73$620.67$6,926.4
48Jan 2025$542.13$35.07$577.20$6,713.46
49Feb 2025$544.75$32.45$577.20$6,168.71
50Mar 2025$547.38$29.82$577.20$5,621.33
51Apr 2025$550.03$27.17$577.20$5,071.30
52May 2025$552.69$24.51$577.20$4,518.61
53Jun 2025$555.36$21.84$577.20$3,963.25
54Jul 2025$558.04$19.16$577.20$3,405.21
55Aug 2025$560.74$16.46$577.20$2,844.47
56Sep 2025$563.45$13.75$577.20$2,281.02
57Oct 2025$566.18$11.02$577.20$1,714.84
58Nov 2025$568.91$8.29$577.20$1,145.93
59Dec 2025$571.66$5.54$577.20$574.27
2025 Total$6,681.32$245.08$6,926.4
60Jan 2026$574.27$2.78$577.05$0.00
2025 Total$574.27$2.78$577.05