Borrow amount
$30k
Advertised Rate

8.39

% p.a

Variable

Comparison Rate*

8.53

% p.a

Loan term
5 Years
Teachers Mutual Bank
Repayment frequency
Monthly
Monthly repayment

$614

Number of repayments
60
Total interest paid
$6.8k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1May 2021$404.16$209.75$613.91$29,595.84
2Jun 2021$406.99$206.92$613.91$29,188.85
3Jul 2021$409.83$204.08$613.91$28,779.02
4Aug 2021$412.70$201.21$613.91$28,366.32
5Sep 2021$415.58$198.33$613.91$27,950.74
6Oct 2021$418.49$195.42$613.91$27,532.25
7Nov 2021$421.41$192.50$613.91$27,110.84
8Dec 2021$424.36$189.55$613.91$26,686.48
2021 Total$3,313.52$1,597.76$4,911.28
9Jan 2022$427.33$186.58$613.91$26,259.15
10Feb 2022$430.31$183.60$613.91$25,828.84
11Mar 2022$433.32$180.59$613.91$25,395.52
12Apr 2022$436.35$177.56$613.91$24,959.17
13May 2022$439.40$174.51$613.91$24,519.77
14Jun 2022$442.48$171.43$613.91$24,077.29
15Jul 2022$445.57$168.34$613.91$23,631.72
16Aug 2022$448.68$165.23$613.91$23,183.04
17Sep 2022$451.82$162.09$613.91$22,731.22
18Oct 2022$454.98$158.93$613.91$22,276.24
19Nov 2022$458.16$155.75$613.91$21,818.08
20Dec 2022$461.37$152.54$613.91$21,356.71
2022 Total$5,329.77$2,037.15$7,366.92
21Jan 2023$464.59$149.32$613.91$20,892.12
22Feb 2023$467.84$146.07$613.91$20,424.28
23Mar 2023$471.11$142.80$613.91$19,953.17
24Apr 2023$474.40$139.51$613.91$19,478.77
25May 2023$477.72$136.19$613.91$19,001.05
26Jun 2023$481.06$132.85$613.91$18,519.99
27Jul 2023$484.42$129.49$613.91$18,035.57
28Aug 2023$487.81$126.10$613.91$17,547.76
29Sep 2023$491.22$122.69$613.91$17,056.54
30Oct 2023$494.66$119.25$613.91$16,561.88
31Nov 2023$498.11$115.80$613.91$16,063.77
32Dec 2023$501.60$112.31$613.91$15,562.17
2023 Total$5,794.54$1,572.38$7,366.92
33Jan 2024$505.10$108.81$613.91$15,057.07
34Feb 2024$508.64$105.27$613.91$14,548.43
35Mar 2024$512.19$101.72$613.91$14,036.24
36Apr 2024$515.77$98.14$613.91$13,520.47
37May 2024$519.38$94.53$613.91$13,001.09
38Jun 2024$523.01$90.90$613.91$12,478.08
39Jul 2024$526.67$87.24$613.91$11,951.41
40Aug 2024$530.35$83.56$613.91$11,421.06
41Sep 2024$534.06$79.85$613.91$10,887.00
42Oct 2024$537.79$76.12$613.91$10,349.21
43Nov 2024$541.55$72.36$613.91$9,807.66
44Dec 2024$545.34$68.57$613.91$9,262.32
2024 Total$6,299.85$1,067.07$7,366.92
45Jan 2025$549.15$64.76$613.91$8,713.17
46Feb 2025$552.99$60.92$613.91$8,160.18
47Mar 2025$556.86$57.05$613.91$7,603.32
48Apr 2025$560.75$53.16$613.91$7,042.57
49May 2025$564.67$49.24$613.91$6,477.90
50Jun 2025$568.62$45.29$613.91$5,909.28
51Jul 2025$572.59$41.32$613.91$5,336.69
52Aug 2025$576.60$37.31$613.91$4,760.09
53Sep 2025$580.63$33.28$613.91$4,179.46
54Oct 2025$584.69$29.22$613.91$3,594.77
55Nov 2025$588.78$25.13$613.91$3,005.99
56Dec 2025$592.89$21.02$613.91$2,413.10
2025 Total$6,849.22$517.7$7,366.92
57Jan 2026$597.04$16.87$613.91$1,816.06
58Feb 2026$601.21$12.70$613.91$1,214.85
59Mar 2026$605.42$8.49$613.91$609.43
60Apr 2026$609.43$4.26$613.69$0.00
2026 Total$2,413.1$42.32$2,455.42