Used Car Loan from RACQ Bank

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.
Borrow amount
$30,000
Advertised Rate
8.95%
fixed
Loan Term
5 Years
Repayment Frequency
Monthly
Monthly Repayment
$622
Number of Repayments
60
Total Interest Paid
$7,320
Total Repayments
$37,320
DatePrincipleInterestPaymentBalance
1Apr 2019$398.27$223.75$622.02$29,601.73
2May 2019$401.24$220.78$622.02$29,200.49
3Jun 2019$404.23$217.79$622.02$28,796.26
4Jul 2019$407.25$214.77$622.02$28,389.01
5Aug 2019$410.29$211.73$622.02$27,978.72
6Sep 2019$413.35$208.67$622.02$27,565.37
7Oct 2019$416.43$205.59$622.02$27,148.94
8Nov 2019$419.53$202.49$622.02$26,729.41
9Dec 2019$422.66$199.36$622.02$26,306.75
2019 Total$3,693.25$1,904.93$5,598.18
10Jan 2020$425.82$196.20$622.02$25,880.93
11Feb 2020$428.99$193.03$622.02$25,451.94
12Mar 2020$432.19$189.83$622.02$25,019.75
13Apr 2020$435.41$186.61$622.02$24,584.34
14May 2020$438.66$183.36$622.02$24,145.68
15Jun 2020$441.93$180.09$622.02$23,703.75
16Jul 2020$445.23$176.79$622.02$23,258.52
17Aug 2020$448.55$173.47$622.02$22,809.97
18Sep 2020$451.90$170.12$622.02$22,358.07
19Oct 2020$455.27$166.75$622.02$21,902.80
20Nov 2020$458.66$163.36$622.02$21,444.14
21Dec 2020$462.08$159.94$622.02$20,982.06
2020 Total$5,324.69$2,139.55$7,464.24
22Jan 2021$465.53$156.49$622.02$20,516.53
23Feb 2021$469.00$153.02$622.02$20,047.53
24Mar 2021$472.50$149.52$622.02$19,575.03
25Apr 2021$476.02$146.00$622.02$19,099.01
26May 2021$479.57$142.45$622.02$18,619.44
27Jun 2021$483.15$138.87$622.02$18,136.29
28Jul 2021$486.75$135.27$622.02$17,649.54
29Aug 2021$490.38$131.64$622.02$17,159.16
30Sep 2021$494.04$127.98$622.02$16,665.12
31Oct 2021$497.73$124.29$622.02$16,167.39
32Nov 2021$501.44$120.58$622.02$15,665.95
33Dec 2021$505.18$116.84$622.02$15,160.77
2021 Total$5,821.29$1,642.95$7,464.24
34Jan 2022$508.95$113.07$622.02$14,651.82
35Feb 2022$512.74$109.28$622.02$14,139.08
36Mar 2022$516.57$105.45$622.02$13,622.51
37Apr 2022$520.42$101.60$622.02$13,102.09
38May 2022$524.30$97.72$622.02$12,577.79
39Jun 2022$528.21$93.81$622.02$12,049.58
40Jul 2022$532.15$89.87$622.02$11,517.43
41Aug 2022$536.12$85.90$622.02$10,981.31
42Sep 2022$540.12$81.90$622.02$10,441.19
43Oct 2022$544.15$77.87$622.02$9,897.04
44Nov 2022$548.20$73.82$622.02$9,348.84
45Dec 2022$552.29$69.73$622.02$8,796.55
2022 Total$6,364.22$1,100.02$7,464.24
46Jan 2023$556.41$65.61$622.02$8,240.14
47Feb 2023$560.56$61.46$622.02$7,679.58
48Mar 2023$564.74$57.28$622.02$7,114.84
49Apr 2023$568.96$53.06$622.02$6,545.88
50May 2023$573.20$48.82$622.02$5,972.68
51Jun 2023$577.47$44.55$622.02$5,395.21
52Jul 2023$581.78$40.24$622.02$4,813.43
53Aug 2023$586.12$35.90$622.02$4,227.31
54Sep 2023$590.49$31.53$622.02$3,636.82
55Oct 2023$594.90$27.12$622.02$3,041.92
56Nov 2023$599.33$22.69$622.02$2,442.59
57Dec 2023$603.80$18.22$622.02$1,838.79
2023 Total$6,957.76$506.48$7,464.24
58Jan 2024$608.31$13.71$622.02$1,230.48
59Feb 2024$612.84$9.18$622.02$617.64
60Mar 2024$617.41$4.61$622.02$0.23
2024 Total$1,838.56$27.5$1,866.06
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