Borrow amount
$30k
Advertised Rate

4.74%

Variable

Comparison Rate*

5.01%

Loan term
5 Years
Transport Mutual Credit Union
Repayment frequency
Monthly
Monthly repayment

$563

Number of repayments
60
Total interest paid
$3.8k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Feb 2021$444.07$118.50$562.57$29,555.93
2Mar 2021$445.82$116.75$562.57$29,110.11
3Apr 2021$447.59$114.98$562.57$28,662.52
4May 2021$449.35$113.22$562.57$28,213.17
5Jun 2021$451.13$111.44$562.57$27,762.04
6Jul 2021$452.91$109.66$562.57$27,309.13
7Aug 2021$454.70$107.87$562.57$26,854.43
8Sep 2021$456.50$106.07$562.57$26,397.93
9Oct 2021$458.30$104.27$562.57$25,939.63
10Nov 2021$460.11$102.46$562.57$25,479.52
11Dec 2021$461.93$100.64$562.57$25,017.59
2021 Total$4,982.41$1,205.86$6,188.27
12Jan 2022$463.75$98.82$562.57$24,553.84
13Feb 2022$465.58$96.99$562.57$24,088.26
14Mar 2022$467.42$95.15$562.57$23,620.84
15Apr 2022$469.27$93.30$562.57$23,151.57
16May 2022$471.12$91.45$562.57$22,680.45
17Jun 2022$472.98$89.59$562.57$22,207.47
18Jul 2022$474.85$87.72$562.57$21,732.62
19Aug 2022$476.73$85.84$562.57$21,255.89
20Sep 2022$478.61$83.96$562.57$20,777.28
21Oct 2022$480.50$82.07$562.57$20,296.78
22Nov 2022$482.40$80.17$562.57$19,814.38
23Dec 2022$484.30$78.27$562.57$19,330.08
2022 Total$5,687.51$1,063.33$6,750.84
24Jan 2023$486.22$76.35$562.57$18,843.86
25Feb 2023$488.14$74.43$562.57$18,355.72
26Mar 2023$490.06$72.51$562.57$17,865.66
27Apr 2023$492.00$70.57$562.57$17,373.66
28May 2023$493.94$68.63$562.57$16,879.72
29Jun 2023$495.90$66.67$562.57$16,383.82
30Jul 2023$497.85$64.72$562.57$15,885.97
31Aug 2023$499.82$62.75$562.57$15,386.15
32Sep 2023$501.79$60.78$562.57$14,884.36
33Oct 2023$503.78$58.79$562.57$14,380.58
34Nov 2023$505.77$56.80$562.57$13,874.81
35Dec 2023$507.76$54.81$562.57$13,367.05
2023 Total$5,963.03$787.81$6,750.84
36Jan 2024$509.77$52.80$562.57$12,857.28
37Feb 2024$511.78$50.79$562.57$12,345.50
38Mar 2024$513.81$48.76$562.57$11,831.69
39Apr 2024$515.83$46.74$562.57$11,315.86
40May 2024$517.87$44.70$562.57$10,797.99
41Jun 2024$519.92$42.65$562.57$10,278.07
42Jul 2024$521.97$40.60$562.57$9,756.10
43Aug 2024$524.03$38.54$562.57$9,232.07
44Sep 2024$526.10$36.47$562.57$8,705.97
45Oct 2024$528.18$34.39$562.57$8,177.79
46Nov 2024$530.27$32.30$562.57$7,647.52
47Dec 2024$532.36$30.21$562.57$7,115.16
2024 Total$6,251.89$498.95$6,750.84
48Jan 2025$534.47$28.10$562.57$6,580.69
49Feb 2025$536.58$25.99$562.57$6,044.11
50Mar 2025$538.70$23.87$562.57$5,505.41
51Apr 2025$540.82$21.75$562.57$4,964.59
52May 2025$542.96$19.61$562.57$4,421.63
53Jun 2025$545.10$17.47$562.57$3,876.53
54Jul 2025$547.26$15.31$562.57$3,329.27
55Aug 2025$549.42$13.15$562.57$2,779.85
56Sep 2025$551.59$10.98$562.57$2,228.26
57Oct 2025$553.77$8.80$562.57$1,674.49
58Nov 2025$555.96$6.61$562.57$1,118.53
59Dec 2025$558.15$4.42$562.57$560.38
2025 Total$6,554.78$196.06$6,750.84
60Jan 2026$560.36$2.21$562.57$0.02
2025 Total$560.36$2.21$562.57