Borrow amount
$30k
Advertised Rate

6.74%

Variable

Comparison Rate*

6.74%

Loan term
5 Years
MyLife MyFinance
Repayment frequency
Monthly
Monthly repayment

$590

Number of repayments
60
Total interest paid
$5.4k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Feb 2021$421.86$168.50$590.36$29,578.14
2Mar 2021$424.23$166.13$590.36$29,153.91
3Apr 2021$426.61$163.75$590.36$28,727.30
4May 2021$429.01$161.35$590.36$28,298.29
5Jun 2021$431.42$158.94$590.36$27,866.87
6Jul 2021$433.84$156.52$590.36$27,433.03
7Aug 2021$436.28$154.08$590.36$26,996.75
8Sep 2021$438.73$151.63$590.36$26,558.02
9Oct 2021$441.19$149.17$590.36$26,116.83
10Nov 2021$443.67$146.69$590.36$25,673.16
11Dec 2021$446.16$144.20$590.36$25,227.00
2021 Total$4,773$1,720.96$6,493.96
12Jan 2022$448.67$141.69$590.36$24,778.33
13Feb 2022$451.19$139.17$590.36$24,327.14
14Mar 2022$453.72$136.64$590.36$23,873.42
15Apr 2022$456.27$134.09$590.36$23,417.15
16May 2022$458.83$131.53$590.36$22,958.32
17Jun 2022$461.41$128.95$590.36$22,496.91
18Jul 2022$464.00$126.36$590.36$22,032.91
19Aug 2022$466.61$123.75$590.36$21,566.30
20Sep 2022$469.23$121.13$590.36$21,097.07
21Oct 2022$471.86$118.50$590.36$20,625.21
22Nov 2022$474.52$115.84$590.36$20,150.69
23Dec 2022$477.18$113.18$590.36$19,673.51
2022 Total$5,553.49$1,530.83$7,084.32
24Jan 2023$479.86$110.50$590.36$19,193.65
25Feb 2023$482.56$107.80$590.36$18,711.09
26Mar 2023$485.27$105.09$590.36$18,225.82
27Apr 2023$487.99$102.37$590.36$17,737.83
28May 2023$490.73$99.63$590.36$17,247.10
29Jun 2023$493.49$96.87$590.36$16,753.61
30Jul 2023$496.26$94.10$590.36$16,257.35
31Aug 2023$499.05$91.31$590.36$15,758.30
32Sep 2023$501.85$88.51$590.36$15,256.45
33Oct 2023$504.67$85.69$590.36$14,751.78
34Nov 2023$507.50$82.86$590.36$14,244.28
35Dec 2023$510.35$80.01$590.36$13,733.93
2023 Total$5,939.58$1,144.74$7,084.32
36Jan 2024$513.22$77.14$590.36$13,220.71
37Feb 2024$516.10$74.26$590.36$12,704.61
38Mar 2024$519.00$71.36$590.36$12,185.61
39Apr 2024$521.92$68.44$590.36$11,663.69
40May 2024$524.85$65.51$590.36$11,138.84
41Jun 2024$527.80$62.56$590.36$10,611.04
42Jul 2024$530.76$59.60$590.36$10,080.28
43Aug 2024$533.74$56.62$590.36$9,546.54
44Sep 2024$536.74$53.62$590.36$9,009.80
45Oct 2024$539.75$50.61$590.36$8,470.05
46Nov 2024$542.79$47.57$590.36$7,927.26
47Dec 2024$545.84$44.52$590.36$7,381.42
2024 Total$6,352.51$731.81$7,084.32
48Jan 2025$548.90$41.46$590.36$6,832.52
49Feb 2025$551.98$38.38$590.36$6,280.54
50Mar 2025$555.08$35.28$590.36$5,725.46
51Apr 2025$558.20$32.16$590.36$5,167.26
52May 2025$561.34$29.02$590.36$4,605.92
53Jun 2025$564.49$25.87$590.36$4,041.43
54Jul 2025$567.66$22.70$590.36$3,473.77
55Aug 2025$570.85$19.51$590.36$2,902.92
56Sep 2025$574.06$16.30$590.36$2,328.86
57Oct 2025$577.28$13.08$590.36$1,751.58
58Nov 2025$580.52$9.84$590.36$1,171.06
59Dec 2025$583.78$6.58$590.36$587.28
2025 Total$6,794.14$290.18$7,084.32
60Jan 2026$587.06$3.30$590.36$0.22
2025 Total$587.06$3.3$590.36