Basic Investment Loan (Interest Only) from Bank Australia

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.
Borrow amount
$300,000
Advertised rate
3.96%
Variable
Loan term
over 25 years
Repayment Frequency
Monthly
Monthly repayment
$990
Number of Repayments
300
Total Interest Paid
$-3,000
Total repayments
$297,000
DatePrincipleInterestPaymentBalance
1Dec 2019$586.89$990.00$1,576.89$299,413.11
2019 Total$586.89$990$1,576.89
2Jan 2020$588.83$988.06$1,576.89$298,824.28
3Feb 2020$590.77$986.12$1,576.89$298,233.51
4Mar 2020$592.72$984.17$1,576.89$297,640.79
5Apr 2020$594.68$982.21$1,576.89$297,046.11
6May 2020$596.64$980.25$1,576.89$296,449.47
7Jun 2020$598.61$978.28$1,576.89$295,850.86
8Jul 2020$600.58$976.31$1,576.89$295,250.28
9Aug 2020$602.56$974.33$1,576.89$294,647.72
10Sep 2020$604.55$972.34$1,576.89$294,043.17
11Oct 2020$606.55$970.34$1,576.89$293,436.62
12Nov 2020$608.55$968.34$1,576.89$292,828.07
13Dec 2020$610.56$966.33$1,576.89$292,217.51
2020 Total$7,195.6$11,727.08$18,922.68
14Jan 2021$612.57$964.32$1,576.89$291,604.94
15Feb 2021$614.59$962.30$1,576.89$290,990.35
16Mar 2021$616.62$960.27$1,576.89$290,373.73
17Apr 2021$618.66$958.23$1,576.89$289,755.07
18May 2021$620.70$956.19$1,576.89$289,134.37
19Jun 2021$622.75$954.14$1,576.89$288,511.62
20Jul 2021$624.80$952.09$1,576.89$287,886.82
21Aug 2021$626.86$950.03$1,576.89$287,259.96
22Sep 2021$628.93$947.96$1,576.89$286,631.03
23Oct 2021$631.01$945.88$1,576.89$286,000.02
24Nov 2021$633.09$943.80$1,576.89$285,366.93
25Dec 2021$635.18$941.71$1,576.89$284,731.75
2021 Total$7,485.76$11,436.92$18,922.68
26Jan 2022$637.28$939.61$1,576.89$284,094.47
27Feb 2022$639.38$937.51$1,576.89$283,455.09
28Mar 2022$641.49$935.40$1,576.89$282,813.60
29Apr 2022$643.61$933.28$1,576.89$282,169.99
30May 2022$645.73$931.16$1,576.89$281,524.26
31Jun 2022$647.86$929.03$1,576.89$280,876.40
32Jul 2022$650.00$926.89$1,576.89$280,226.40
33Aug 2022$652.14$924.75$1,576.89$279,574.26
34Sep 2022$654.29$922.60$1,576.89$278,919.97
35Oct 2022$656.45$920.44$1,576.89$278,263.52
36Nov 2022$658.62$918.27$1,576.89$277,604.90
37Dec 2022$660.79$916.10$1,576.89$276,944.11
2022 Total$7,787.64$11,135.04$18,922.68
38Jan 2023$662.97$913.92$1,576.89$276,281.14
39Feb 2023$665.16$911.73$1,576.89$275,615.98
40Mar 2023$667.36$909.53$1,576.89$274,948.62
41Apr 2023$669.56$907.33$1,576.89$274,279.06
42May 2023$671.77$905.12$1,576.89$273,607.29
43Jun 2023$673.99$902.90$1,576.89$272,933.30
44Jul 2023$676.21$900.68$1,576.89$272,257.09
45Aug 2023$678.44$898.45$1,576.89$271,578.65
46Sep 2023$680.68$896.21$1,576.89$270,897.97
47Oct 2023$682.93$893.96$1,576.89$270,215.04
48Nov 2023$685.18$891.71$1,576.89$269,529.86
49Dec 2023$687.44$889.45$1,576.89$268,842.42
2023 Total$8,101.69$10,820.99$18,922.68
50Jan 2024$689.71$887.18$1,576.89$268,152.71
51Feb 2024$691.99$884.90$1,576.89$267,460.72
52Mar 2024$694.27$882.62$1,576.89$266,766.45
53Apr 2024$696.56$880.33$1,576.89$266,069.89
54May 2024$698.86$878.03$1,576.89$265,371.03
55Jun 2024$701.17$875.72$1,576.89$264,669.86
56Jul 2024$703.48$873.41$1,576.89$263,966.38
57Aug 2024$705.80$871.09$1,576.89$263,260.58
58Sep 2024$708.13$868.76$1,576.89$262,552.45
59Oct 2024$710.47$866.42$1,576.89$261,841.98
60Nov 2024$712.81$864.08$1,576.89$261,129.17
61Dec 2024$715.16$861.73$1,576.89$260,414.01
2024 Total$8,428.41$10,494.27$18,922.68
62Jan 2025$717.52$859.37$1,576.89$259,696.49
63Feb 2025$719.89$857.00$1,576.89$258,976.60
64Mar 2025$722.27$854.62$1,576.89$258,254.33
65Apr 2025$724.65$852.24$1,576.89$257,529.68
66May 2025$727.04$849.85$1,576.89$256,802.64
67Jun 2025$729.44$847.45$1,576.89$256,073.20
68Jul 2025$731.85$845.04$1,576.89$255,341.35
69Aug 2025$734.26$842.63$1,576.89$254,607.09
70Sep 2025$736.69$840.20$1,576.89$253,870.40
71Oct 2025$739.12$837.77$1,576.89$253,131.28
72Nov 2025$741.56$835.33$1,576.89$252,389.72
73Dec 2025$744.00$832.89$1,576.89$251,645.72
2025 Total$8,768.29$10,154.39$18,922.68
74Jan 2026$746.46$830.43$1,576.89$250,899.26
75Feb 2026$748.92$827.97$1,576.89$250,150.34
76Mar 2026$751.39$825.50$1,576.89$249,398.95
77Apr 2026$753.87$823.02$1,576.89$248,645.08
78May 2026$756.36$820.53$1,576.89$247,888.72
79Jun 2026$758.86$818.03$1,576.89$247,129.86
80Jul 2026$761.36$815.53$1,576.89$246,368.50
81Aug 2026$763.87$813.02$1,576.89$245,604.63
82Sep 2026$766.39$810.50$1,576.89$244,838.24
83Oct 2026$768.92$807.97$1,576.89$244,069.32
84Nov 2026$771.46$805.43$1,576.89$243,297.86
85Dec 2026$774.01$802.88$1,576.89$242,523.85
2026 Total$9,121.87$9,800.81$18,922.68
86Jan 2027$776.56$800.33$1,576.89$241,747.29
87Feb 2027$779.12$797.77$1,576.89$240,968.17
88Mar 2027$781.70$795.19$1,576.89$240,186.47
89Apr 2027$784.27$792.62$1,576.89$239,402.20
90May 2027$786.86$790.03$1,576.89$238,615.34
91Jun 2027$789.46$787.43$1,576.89$237,825.88
92Jul 2027$792.06$784.83$1,576.89$237,033.82
93Aug 2027$794.68$782.21$1,576.89$236,239.14
94Sep 2027$797.30$779.59$1,576.89$235,441.84
95Oct 2027$799.93$776.96$1,576.89$234,641.91
96Nov 2027$802.57$774.32$1,576.89$233,839.34
97Dec 2027$805.22$771.67$1,576.89$233,034.12
2027 Total$9,489.73$9,432.95$18,922.68
98Jan 2028$807.88$769.01$1,576.89$232,226.24
99Feb 2028$810.54$766.35$1,576.89$231,415.70
100Mar 2028$813.22$763.67$1,576.89$230,602.48
101Apr 2028$815.90$760.99$1,576.89$229,786.58
102May 2028$818.59$758.30$1,576.89$228,967.99
103Jun 2028$821.30$755.59$1,576.89$228,146.69
104Jul 2028$824.01$752.88$1,576.89$227,322.68
105Aug 2028$826.73$750.16$1,576.89$226,495.95
106Sep 2028$829.45$747.44$1,576.89$225,666.50
107Oct 2028$832.19$744.70$1,576.89$224,834.31
108Nov 2028$834.94$741.95$1,576.89$223,999.37
109Dec 2028$837.69$739.20$1,576.89$223,161.68
2028 Total$9,872.44$9,050.24$18,922.68
110Jan 2029$840.46$736.43$1,576.89$222,321.22
111Feb 2029$843.23$733.66$1,576.89$221,477.99
112Mar 2029$846.01$730.88$1,576.89$220,631.98
113Apr 2029$848.80$728.09$1,576.89$219,783.18
114May 2029$851.61$725.28$1,576.89$218,931.57
115Jun 2029$854.42$722.47$1,576.89$218,077.15
116Jul 2029$857.24$719.65$1,576.89$217,219.91
117Aug 2029$860.06$716.83$1,576.89$216,359.85
118Sep 2029$862.90$713.99$1,576.89$215,496.95
119Oct 2029$865.75$711.14$1,576.89$214,631.20
120Nov 2029$868.61$708.28$1,576.89$213,762.59
121Dec 2029$871.47$705.42$1,576.89$212,891.12
2029 Total$10,270.56$8,652.12$18,922.68
122Jan 2030$874.35$702.54$1,576.89$212,016.77
123Feb 2030$877.23$699.66$1,576.89$211,139.54
124Mar 2030$880.13$696.76$1,576.89$210,259.41
125Apr 2030$883.03$693.86$1,576.89$209,376.38
126May 2030$885.95$690.94$1,576.89$208,490.43
127Jun 2030$888.87$688.02$1,576.89$207,601.56
128Jul 2030$891.80$685.09$1,576.89$206,709.76
129Aug 2030$894.75$682.14$1,576.89$205,815.01
130Sep 2030$897.70$679.19$1,576.89$204,917.31
131Oct 2030$900.66$676.23$1,576.89$204,016.65
132Nov 2030$903.64$673.25$1,576.89$203,113.01
133Dec 2030$906.62$670.27$1,576.89$202,206.39
2030 Total$10,684.73$8,237.95$18,922.68
134Jan 2031$909.61$667.28$1,576.89$201,296.78
135Feb 2031$912.61$664.28$1,576.89$200,384.17
136Mar 2031$915.62$661.27$1,576.89$199,468.55
137Apr 2031$918.64$658.25$1,576.89$198,549.91
138May 2031$921.68$655.21$1,576.89$197,628.23
139Jun 2031$924.72$652.17$1,576.89$196,703.51
140Jul 2031$927.77$649.12$1,576.89$195,775.74
141Aug 2031$930.83$646.06$1,576.89$194,844.91
142Sep 2031$933.90$642.99$1,576.89$193,911.01
143Oct 2031$936.98$639.91$1,576.89$192,974.03
144Nov 2031$940.08$636.81$1,576.89$192,033.95
145Dec 2031$943.18$633.71$1,576.89$191,090.77
2031 Total$11,115.62$7,807.06$18,922.68
146Jan 2032$946.29$630.60$1,576.89$190,144.48
147Feb 2032$949.41$627.48$1,576.89$189,195.07
148Mar 2032$952.55$624.34$1,576.89$188,242.52
149Apr 2032$955.69$621.20$1,576.89$187,286.83
150May 2032$958.84$618.05$1,576.89$186,327.99
151Jun 2032$962.01$614.88$1,576.89$185,365.98
152Jul 2032$965.18$611.71$1,576.89$184,400.80
153Aug 2032$968.37$608.52$1,576.89$183,432.43
154Sep 2032$971.56$605.33$1,576.89$182,460.87
155Oct 2032$974.77$602.12$1,576.89$181,486.10
156Nov 2032$977.99$598.90$1,576.89$180,508.11
157Dec 2032$981.21$595.68$1,576.89$179,526.90
2032 Total$11,563.87$7,358.81$18,922.68
158Jan 2033$984.45$592.44$1,576.89$178,542.45
159Feb 2033$987.70$589.19$1,576.89$177,554.75
160Mar 2033$990.96$585.93$1,576.89$176,563.79
161Apr 2033$994.23$582.66$1,576.89$175,569.56
162May 2033$997.51$579.38$1,576.89$174,572.05
163Jun 2033$1,000.80$576.09$1,576.89$173,571.25
164Jul 2033$1,004.10$572.79$1,576.89$172,567.15
165Aug 2033$1,007.42$569.47$1,576.89$171,559.73
166Sep 2033$1,010.74$566.15$1,576.89$170,548.99
167Oct 2033$1,014.08$562.81$1,576.89$169,534.91
168Nov 2033$1,017.42$559.47$1,576.89$168,517.49
169Dec 2033$1,020.78$556.11$1,576.89$167,496.71
2033 Total$12,030.19$6,892.49$18,922.68
170Jan 2034$1,024.15$552.74$1,576.89$166,472.56
171Feb 2034$1,027.53$549.36$1,576.89$165,445.03
172Mar 2034$1,030.92$545.97$1,576.89$164,414.11
173Apr 2034$1,034.32$542.57$1,576.89$163,379.79
174May 2034$1,037.74$539.15$1,576.89$162,342.05
175Jun 2034$1,041.16$535.73$1,576.89$161,300.89
176Jul 2034$1,044.60$532.29$1,576.89$160,256.29
177Aug 2034$1,048.04$528.85$1,576.89$159,208.25
178Sep 2034$1,051.50$525.39$1,576.89$158,156.75
179Oct 2034$1,054.97$521.92$1,576.89$157,101.78
180Nov 2034$1,058.45$518.44$1,576.89$156,043.33
181Dec 2034$1,061.95$514.94$1,576.89$154,981.38
2034 Total$12,515.33$6,407.35$18,922.68
182Jan 2035$1,065.45$511.44$1,576.89$153,915.93
183Feb 2035$1,068.97$507.92$1,576.89$152,846.96
184Mar 2035$1,072.50$504.39$1,576.89$151,774.46
185Apr 2035$1,076.03$500.86$1,576.89$150,698.43
186May 2035$1,079.59$497.30$1,576.89$149,618.84
187Jun 2035$1,083.15$493.74$1,576.89$148,535.69
188Jul 2035$1,086.72$490.17$1,576.89$147,448.97
189Aug 2035$1,090.31$486.58$1,576.89$146,358.66
190Sep 2035$1,093.91$482.98$1,576.89$145,264.75
191Oct 2035$1,097.52$479.37$1,576.89$144,167.23
192Nov 2035$1,101.14$475.75$1,576.89$143,066.09
193Dec 2035$1,104.77$472.12$1,576.89$141,961.32
2035 Total$13,020.06$5,902.62$18,922.68
194Jan 2036$1,108.42$468.47$1,576.89$140,852.90
195Feb 2036$1,112.08$464.81$1,576.89$139,740.82
196Mar 2036$1,115.75$461.14$1,576.89$138,625.07
197Apr 2036$1,119.43$457.46$1,576.89$137,505.64
198May 2036$1,123.12$453.77$1,576.89$136,382.52
199Jun 2036$1,126.83$450.06$1,576.89$135,255.69
200Jul 2036$1,130.55$446.34$1,576.89$134,125.14
201Aug 2036$1,134.28$442.61$1,576.89$132,990.86
202Sep 2036$1,138.02$438.87$1,576.89$131,852.84
203Oct 2036$1,141.78$435.11$1,576.89$130,711.06
204Nov 2036$1,145.54$431.35$1,576.89$129,565.52
205Dec 2036$1,149.32$427.57$1,576.89$128,416.20
2036 Total$13,545.12$5,377.56$18,922.68
206Jan 2037$1,153.12$423.77$1,576.89$127,263.08
207Feb 2037$1,156.92$419.97$1,576.89$126,106.16
208Mar 2037$1,160.74$416.15$1,576.89$124,945.42
209Apr 2037$1,164.57$412.32$1,576.89$123,780.85
210May 2037$1,168.41$408.48$1,576.89$122,612.44
211Jun 2037$1,172.27$404.62$1,576.89$121,440.17
212Jul 2037$1,176.14$400.75$1,576.89$120,264.03
213Aug 2037$1,180.02$396.87$1,576.89$119,084.01
214Sep 2037$1,183.91$392.98$1,576.89$117,900.10
215Oct 2037$1,187.82$389.07$1,576.89$116,712.28
216Nov 2037$1,191.74$385.15$1,576.89$115,520.54
217Dec 2037$1,195.67$381.22$1,576.89$114,324.87
2037 Total$14,091.33$4,831.35$18,922.68
218Jan 2038$1,199.62$377.27$1,576.89$113,125.25
219Feb 2038$1,203.58$373.31$1,576.89$111,921.67
220Mar 2038$1,207.55$369.34$1,576.89$110,714.12
221Apr 2038$1,211.53$365.36$1,576.89$109,502.59
222May 2038$1,215.53$361.36$1,576.89$108,287.06
223Jun 2038$1,219.54$357.35$1,576.89$107,067.52
224Jul 2038$1,223.57$353.32$1,576.89$105,843.95
225Aug 2038$1,227.60$349.29$1,576.89$104,616.35
226Sep 2038$1,231.66$345.23$1,576.89$103,384.69
227Oct 2038$1,235.72$341.17$1,576.89$102,148.97
228Nov 2038$1,239.80$337.09$1,576.89$100,909.17
229Dec 2038$1,243.89$333.00$1,576.89$99,665.28
2038 Total$14,659.59$4,263.09$18,922.68
230Jan 2039$1,247.99$328.90$1,576.89$98,417.29
231Feb 2039$1,252.11$324.78$1,576.89$97,165.18
232Mar 2039$1,256.24$320.65$1,576.89$95,908.94
233Apr 2039$1,260.39$316.50$1,576.89$94,648.55
234May 2039$1,264.55$312.34$1,576.89$93,384.00
235Jun 2039$1,268.72$308.17$1,576.89$92,115.28
236Jul 2039$1,272.91$303.98$1,576.89$90,842.37
237Aug 2039$1,277.11$299.78$1,576.89$89,565.26
238Sep 2039$1,281.32$295.57$1,576.89$88,283.94
239Oct 2039$1,285.55$291.34$1,576.89$86,998.39
240Nov 2039$1,289.80$287.09$1,576.89$85,708.59
241Dec 2039$1,294.05$282.84$1,576.89$84,414.54
2039 Total$15,250.74$3,671.94$18,922.68
242Jan 2040$1,298.32$278.57$1,576.89$83,116.22
243Feb 2040$1,302.61$274.28$1,576.89$81,813.61
244Mar 2040$1,306.91$269.98$1,576.89$80,506.70
245Apr 2040$1,311.22$265.67$1,576.89$79,195.48
246May 2040$1,315.54$261.35$1,576.89$77,879.94
247Jun 2040$1,319.89$257.00$1,576.89$76,560.05
248Jul 2040$1,324.24$252.65$1,576.89$75,235.81
249Aug 2040$1,328.61$248.28$1,576.89$73,907.20
250Sep 2040$1,333.00$243.89$1,576.89$72,574.20
251Oct 2040$1,337.40$239.49$1,576.89$71,236.80
252Nov 2040$1,341.81$235.08$1,576.89$69,894.99
253Dec 2040$1,346.24$230.65$1,576.89$68,548.75
2040 Total$15,865.79$3,056.89$18,922.68
254Jan 2041$1,350.68$226.21$1,576.89$67,198.07
255Feb 2041$1,355.14$221.75$1,576.89$65,842.93
256Mar 2041$1,359.61$217.28$1,576.89$64,483.32
257Apr 2041$1,364.10$212.79$1,576.89$63,119.22
258May 2041$1,368.60$208.29$1,576.89$61,750.62
259Jun 2041$1,373.11$203.78$1,576.89$60,377.51
260Jul 2041$1,377.64$199.25$1,576.89$58,999.87
261Aug 2041$1,382.19$194.70$1,576.89$57,617.68
262Sep 2041$1,386.75$190.14$1,576.89$56,230.93
263Oct 2041$1,391.33$185.56$1,576.89$54,839.60
264Nov 2041$1,395.92$180.97$1,576.89$53,443.68
265Dec 2041$1,400.53$176.36$1,576.89$52,043.15
2041 Total$16,505.6$2,417.08$18,922.68
266Jan 2042$1,405.15$171.74$1,576.89$50,638.00
267Feb 2042$1,409.78$167.11$1,576.89$49,228.22
268Mar 2042$1,414.44$162.45$1,576.89$47,813.78
269Apr 2042$1,419.10$157.79$1,576.89$46,394.68
270May 2042$1,423.79$153.10$1,576.89$44,970.89
271Jun 2042$1,428.49$148.40$1,576.89$43,542.40
272Jul 2042$1,433.20$143.69$1,576.89$42,109.20
273Aug 2042$1,437.93$138.96$1,576.89$40,671.27
274Sep 2042$1,442.67$134.22$1,576.89$39,228.60
275Oct 2042$1,447.44$129.45$1,576.89$37,781.16
276Nov 2042$1,452.21$124.68$1,576.89$36,328.95
277Dec 2042$1,457.00$119.89$1,576.89$34,871.95
2042 Total$17,171.2$1,751.48$18,922.68
278Jan 2043$1,461.81$115.08$1,576.89$33,410.14
279Feb 2043$1,466.64$110.25$1,576.89$31,943.50
280Mar 2043$1,471.48$105.41$1,576.89$30,472.02
281Apr 2043$1,476.33$100.56$1,576.89$28,995.69
282May 2043$1,481.20$95.69$1,576.89$27,514.49
283Jun 2043$1,486.09$90.80$1,576.89$26,028.40
284Jul 2043$1,491.00$85.89$1,576.89$24,537.40
285Aug 2043$1,495.92$80.97$1,576.89$23,041.48
286Sep 2043$1,500.85$76.04$1,576.89$21,540.63
287Oct 2043$1,505.81$71.08$1,576.89$20,034.82
288Nov 2043$1,510.78$66.11$1,576.89$18,524.04
289Dec 2043$1,515.76$61.13$1,576.89$17,008.28
2043 Total$17,863.67$1,059.01$18,922.68
290Jan 2044$1,520.76$56.13$1,576.89$15,487.52
291Feb 2044$1,525.78$51.11$1,576.89$13,961.74
292Mar 2044$1,530.82$46.07$1,576.89$12,430.92
293Apr 2044$1,535.87$41.02$1,576.89$10,895.05
294May 2044$1,540.94$35.95$1,576.89$9,354.11
295Jun 2044$1,546.02$30.87$1,576.89$7,808.09
296Jul 2044$1,551.12$25.77$1,576.89$6,256.97
297Aug 2044$1,556.24$20.65$1,576.89$4,700.73
298Sep 2044$1,561.38$15.51$1,576.89$3,139.35
299Oct 2044$1,566.53$10.36$1,576.89$1,572.82
300Nov 2044$1,571.70$5.19$1,576.89$1.12
2044 Total$17,007.16$338.63$17,345.79
Compare your product with the big 4 banks, or add more products to compare
As seen on