Borrow amount
$30k
Advertised Rate

7.49%

Fixed

Comparison Rate*

8.68%

Loan term
5 Years
Westpac
Repayment frequency
Monthly
Monthly repayment

$601

Number of repayments
60
Total interest paid
$6.1k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Feb 2021$413.75$187.25$601.00$29,586.25
2Mar 2021$416.33$184.67$601.00$29,169.92
3Apr 2021$418.93$182.07$601.00$28,750.99
4May 2021$421.55$179.45$601.00$28,329.44
5Jun 2021$424.18$176.82$601.00$27,905.26
6Jul 2021$426.82$174.18$601.00$27,478.44
7Aug 2021$429.49$171.51$601.00$27,048.95
8Sep 2021$432.17$168.83$601.00$26,616.78
9Oct 2021$434.87$166.13$601.00$26,181.91
10Nov 2021$437.58$163.42$601.00$25,744.33
11Dec 2021$440.31$160.69$601.00$25,304.02
2021 Total$4,695.98$1,915.02$6,611
12Jan 2022$443.06$157.94$601.00$24,860.96
13Feb 2022$445.83$155.17$601.00$24,415.13
14Mar 2022$448.61$152.39$601.00$23,966.52
15Apr 2022$451.41$149.59$601.00$23,515.11
16May 2022$454.23$146.77$601.00$23,060.88
17Jun 2022$457.06$143.94$601.00$22,603.82
18Jul 2022$459.91$141.09$601.00$22,143.91
19Aug 2022$462.79$138.21$601.00$21,681.12
20Sep 2022$465.67$135.33$601.00$21,215.45
21Oct 2022$468.58$132.42$601.00$20,746.87
22Nov 2022$471.50$129.50$601.00$20,275.37
23Dec 2022$474.45$126.55$601.00$19,800.92
2022 Total$5,503.1$1,708.9$7,212
24Jan 2023$477.41$123.59$601.00$19,323.51
25Feb 2023$480.39$120.61$601.00$18,843.12
26Mar 2023$483.39$117.61$601.00$18,359.73
27Apr 2023$486.40$114.60$601.00$17,873.33
28May 2023$489.44$111.56$601.00$17,383.89
29Jun 2023$492.50$108.50$601.00$16,891.39
30Jul 2023$495.57$105.43$601.00$16,395.82
31Aug 2023$498.66$102.34$601.00$15,897.16
32Sep 2023$501.78$99.22$601.00$15,395.38
33Oct 2023$504.91$96.09$601.00$14,890.47
34Nov 2023$508.06$92.94$601.00$14,382.41
35Dec 2023$511.23$89.77$601.00$13,871.18
2023 Total$5,929.74$1,282.26$7,212
36Jan 2024$514.42$86.58$601.00$13,356.76
37Feb 2024$517.63$83.37$601.00$12,839.13
38Mar 2024$520.86$80.14$601.00$12,318.27
39Apr 2024$524.11$76.89$601.00$11,794.16
40May 2024$527.38$73.62$601.00$11,266.78
41Jun 2024$530.68$70.32$601.00$10,736.10
42Jul 2024$533.99$67.01$601.00$10,202.11
43Aug 2024$537.32$63.68$601.00$9,664.79
44Sep 2024$540.68$60.32$601.00$9,124.11
45Oct 2024$544.05$56.95$601.00$8,580.06
46Nov 2024$547.45$53.55$601.00$8,032.61
47Dec 2024$550.86$50.14$601.00$7,481.75
2024 Total$6,389.43$822.57$7,212
48Jan 2025$554.30$46.70$601.00$6,927.45
49Feb 2025$557.76$43.24$601.00$6,369.69
50Mar 2025$561.24$39.76$601.00$5,808.45
51Apr 2025$564.75$36.25$601.00$5,243.70
52May 2025$568.27$32.73$601.00$4,675.43
53Jun 2025$571.82$29.18$601.00$4,103.61
54Jul 2025$575.39$25.61$601.00$3,528.22
55Aug 2025$578.98$22.02$601.00$2,949.24
56Sep 2025$582.59$18.41$601.00$2,366.65
57Oct 2025$586.23$14.77$601.00$1,780.42
58Nov 2025$589.89$11.11$601.00$1,190.53
59Dec 2025$593.57$7.43$601.00$596.96
2025 Total$6,884.79$327.21$7,212
60Jan 2026$596.96$3.73$600.69$0.00
2025 Total$596.96$3.73$600.69