Advantage Package Variable Investment Loan (Interest Only) (LVR 80%-90%) from Bank of Melbourne

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.
Borrow amount
$250,000
Advertised rate
4.51%
Variable
Loan term
over 25 years
Repayment Frequency
Monthly
Monthly repayment
$940
Number of Repayments
300
Total Interest Paid
$32,000
Total repayments
$282,000
DatePrincipleInterestPaymentBalance
1Oct 2019$451.42$939.58$1,391.00$249,548.58
2Nov 2019$453.11$937.89$1,391.00$249,095.47
3Dec 2019$454.82$936.18$1,391.00$248,640.65
2019 Total$1,359.35$2,813.65$4,173
4Jan 2020$456.53$934.47$1,391.00$248,184.12
5Feb 2020$458.24$932.76$1,391.00$247,725.88
6Mar 2020$459.96$931.04$1,391.00$247,265.92
7Apr 2020$461.69$929.31$1,391.00$246,804.23
8May 2020$463.43$927.57$1,391.00$246,340.80
9Jun 2020$465.17$925.83$1,391.00$245,875.63
10Jul 2020$466.92$924.08$1,391.00$245,408.71
11Aug 2020$468.67$922.33$1,391.00$244,940.04
12Sep 2020$470.43$920.57$1,391.00$244,469.61
13Oct 2020$472.20$918.80$1,391.00$243,997.41
14Nov 2020$473.98$917.02$1,391.00$243,523.43
15Dec 2020$475.76$915.24$1,391.00$243,047.67
2020 Total$5,592.98$11,099.02$16,692
16Jan 2021$477.55$913.45$1,391.00$242,570.12
17Feb 2021$479.34$911.66$1,391.00$242,090.78
18Mar 2021$481.14$909.86$1,391.00$241,609.64
19Apr 2021$482.95$908.05$1,391.00$241,126.69
20May 2021$484.77$906.23$1,391.00$240,641.92
21Jun 2021$486.59$904.41$1,391.00$240,155.33
22Jul 2021$488.42$902.58$1,391.00$239,666.91
23Aug 2021$490.25$900.75$1,391.00$239,176.66
24Sep 2021$492.09$898.91$1,391.00$238,684.57
25Oct 2021$493.94$897.06$1,391.00$238,190.63
26Nov 2021$495.80$895.20$1,391.00$237,694.83
27Dec 2021$497.66$893.34$1,391.00$237,197.17
2021 Total$5,850.5$10,841.5$16,692
28Jan 2022$499.53$891.47$1,391.00$236,697.64
29Feb 2022$501.41$889.59$1,391.00$236,196.23
30Mar 2022$503.30$887.70$1,391.00$235,692.93
31Apr 2022$505.19$885.81$1,391.00$235,187.74
32May 2022$507.09$883.91$1,391.00$234,680.65
33Jun 2022$508.99$882.01$1,391.00$234,171.66
34Jul 2022$510.90$880.10$1,391.00$233,660.76
35Aug 2022$512.82$878.18$1,391.00$233,147.94
36Sep 2022$514.75$876.25$1,391.00$232,633.19
37Oct 2022$516.69$874.31$1,391.00$232,116.50
38Nov 2022$518.63$872.37$1,391.00$231,597.87
39Dec 2022$520.58$870.42$1,391.00$231,077.29
2022 Total$6,119.88$10,572.12$16,692
40Jan 2023$522.53$868.47$1,391.00$230,554.76
41Feb 2023$524.50$866.50$1,391.00$230,030.26
42Mar 2023$526.47$864.53$1,391.00$229,503.79
43Apr 2023$528.45$862.55$1,391.00$228,975.34
44May 2023$530.43$860.57$1,391.00$228,444.91
45Jun 2023$532.43$858.57$1,391.00$227,912.48
46Jul 2023$534.43$856.57$1,391.00$227,378.05
47Aug 2023$536.44$854.56$1,391.00$226,841.61
48Sep 2023$538.45$852.55$1,391.00$226,303.16
49Oct 2023$540.48$850.52$1,391.00$225,762.68
50Nov 2023$542.51$848.49$1,391.00$225,220.17
51Dec 2023$544.55$846.45$1,391.00$224,675.62
2023 Total$6,401.67$10,290.33$16,692
52Jan 2024$546.59$844.41$1,391.00$224,129.03
53Feb 2024$548.65$842.35$1,391.00$223,580.38
54Mar 2024$550.71$840.29$1,391.00$223,029.67
55Apr 2024$552.78$838.22$1,391.00$222,476.89
56May 2024$554.86$836.14$1,391.00$221,922.03
57Jun 2024$556.94$834.06$1,391.00$221,365.09
58Jul 2024$559.04$831.96$1,391.00$220,806.05
59Aug 2024$561.14$829.86$1,391.00$220,244.91
60Sep 2024$563.25$827.75$1,391.00$219,681.66
61Oct 2024$565.36$825.64$1,391.00$219,116.30
62Nov 2024$567.49$823.51$1,391.00$218,548.81
63Dec 2024$569.62$821.38$1,391.00$217,979.19
2024 Total$6,696.43$9,995.57$16,692
64Jan 2025$571.76$819.24$1,391.00$217,407.43
65Feb 2025$573.91$817.09$1,391.00$216,833.52
66Mar 2025$576.07$814.93$1,391.00$216,257.45
67Apr 2025$578.23$812.77$1,391.00$215,679.22
68May 2025$580.41$810.59$1,391.00$215,098.81
69Jun 2025$582.59$808.41$1,391.00$214,516.22
70Jul 2025$584.78$806.22$1,391.00$213,931.44
71Aug 2025$586.97$804.03$1,391.00$213,344.47
72Sep 2025$589.18$801.82$1,391.00$212,755.29
73Oct 2025$591.39$799.61$1,391.00$212,163.90
74Nov 2025$593.62$797.38$1,391.00$211,570.28
75Dec 2025$595.85$795.15$1,391.00$210,974.43
2025 Total$7,004.76$9,687.24$16,692
76Jan 2026$598.09$792.91$1,391.00$210,376.34
77Feb 2026$600.34$790.66$1,391.00$209,776.00
78Mar 2026$602.59$788.41$1,391.00$209,173.41
79Apr 2026$604.86$786.14$1,391.00$208,568.55
80May 2026$607.13$783.87$1,391.00$207,961.42
81Jun 2026$609.41$781.59$1,391.00$207,352.01
82Jul 2026$611.70$779.30$1,391.00$206,740.31
83Aug 2026$614.00$777.00$1,391.00$206,126.31
84Sep 2026$616.31$774.69$1,391.00$205,510.00
85Oct 2026$618.62$772.38$1,391.00$204,891.38
86Nov 2026$620.95$770.05$1,391.00$204,270.43
87Dec 2026$623.28$767.72$1,391.00$203,647.15
2026 Total$7,327.28$9,364.72$16,692
88Jan 2027$625.63$765.37$1,391.00$203,021.52
89Feb 2027$627.98$763.02$1,391.00$202,393.54
90Mar 2027$630.34$760.66$1,391.00$201,763.20
91Apr 2027$632.71$758.29$1,391.00$201,130.49
92May 2027$635.08$755.92$1,391.00$200,495.41
93Jun 2027$637.47$753.53$1,391.00$199,857.94
94Jul 2027$639.87$751.13$1,391.00$199,218.07
95Aug 2027$642.27$748.73$1,391.00$198,575.80
96Sep 2027$644.69$746.31$1,391.00$197,931.11
97Oct 2027$647.11$743.89$1,391.00$197,284.00
98Nov 2027$649.54$741.46$1,391.00$196,634.46
99Dec 2027$651.98$739.02$1,391.00$195,982.48
2027 Total$7,664.67$9,027.33$16,692
100Jan 2028$654.43$736.57$1,391.00$195,328.05
101Feb 2028$656.89$734.11$1,391.00$194,671.16
102Mar 2028$659.36$731.64$1,391.00$194,011.80
103Apr 2028$661.84$729.16$1,391.00$193,349.96
104May 2028$664.33$726.67$1,391.00$192,685.63
105Jun 2028$666.82$724.18$1,391.00$192,018.81
106Jul 2028$669.33$721.67$1,391.00$191,349.48
107Aug 2028$671.84$719.16$1,391.00$190,677.64
108Sep 2028$674.37$716.63$1,391.00$190,003.27
109Oct 2028$676.90$714.10$1,391.00$189,326.37
110Nov 2028$679.45$711.55$1,391.00$188,646.92
111Dec 2028$682.00$709.00$1,391.00$187,964.92
2028 Total$8,017.56$8,674.44$16,692
112Jan 2029$684.57$706.43$1,391.00$187,280.35
113Feb 2029$687.14$703.86$1,391.00$186,593.21
114Mar 2029$689.72$701.28$1,391.00$185,903.49
115Apr 2029$692.31$698.69$1,391.00$185,211.18
116May 2029$694.91$696.09$1,391.00$184,516.27
117Jun 2029$697.53$693.47$1,391.00$183,818.74
118Jul 2029$700.15$690.85$1,391.00$183,118.59
119Aug 2029$702.78$688.22$1,391.00$182,415.81
120Sep 2029$705.42$685.58$1,391.00$181,710.39
121Oct 2029$708.07$682.93$1,391.00$181,002.32
122Nov 2029$710.73$680.27$1,391.00$180,291.59
123Dec 2029$713.40$677.60$1,391.00$179,578.19
2029 Total$8,386.73$8,305.27$16,692
124Jan 2030$716.09$674.91$1,391.00$178,862.10
125Feb 2030$718.78$672.22$1,391.00$178,143.32
126Mar 2030$721.48$669.52$1,391.00$177,421.84
127Apr 2030$724.19$666.81$1,391.00$176,697.65
128May 2030$726.91$664.09$1,391.00$175,970.74
129Jun 2030$729.64$661.36$1,391.00$175,241.10
130Jul 2030$732.39$658.61$1,391.00$174,508.71
131Aug 2030$735.14$655.86$1,391.00$173,773.57
132Sep 2030$737.90$653.10$1,391.00$173,035.67
133Oct 2030$740.67$650.33$1,391.00$172,295.00
134Nov 2030$743.46$647.54$1,391.00$171,551.54
135Dec 2030$746.25$644.75$1,391.00$170,805.29
2030 Total$8,772.9$7,919.1$16,692
136Jan 2031$749.06$641.94$1,391.00$170,056.23
137Feb 2031$751.87$639.13$1,391.00$169,304.36
138Mar 2031$754.70$636.30$1,391.00$168,549.66
139Apr 2031$757.53$633.47$1,391.00$167,792.13
140May 2031$760.38$630.62$1,391.00$167,031.75
141Jun 2031$763.24$627.76$1,391.00$166,268.51
142Jul 2031$766.11$624.89$1,391.00$165,502.40
143Aug 2031$768.99$622.01$1,391.00$164,733.41
144Sep 2031$771.88$619.12$1,391.00$163,961.53
145Oct 2031$774.78$616.22$1,391.00$163,186.75
146Nov 2031$777.69$613.31$1,391.00$162,409.06
147Dec 2031$780.61$610.39$1,391.00$161,628.45
2031 Total$9,176.84$7,515.16$16,692
148Jan 2032$783.55$607.45$1,391.00$160,844.90
149Feb 2032$786.49$604.51$1,391.00$160,058.41
150Mar 2032$789.45$601.55$1,391.00$159,268.96
151Apr 2032$792.41$598.59$1,391.00$158,476.55
152May 2032$795.39$595.61$1,391.00$157,681.16
153Jun 2032$798.38$592.62$1,391.00$156,882.78
154Jul 2032$801.38$589.62$1,391.00$156,081.40
155Aug 2032$804.39$586.61$1,391.00$155,277.01
156Sep 2032$807.42$583.58$1,391.00$154,469.59
157Oct 2032$810.45$580.55$1,391.00$153,659.14
158Nov 2032$813.50$577.50$1,391.00$152,845.64
159Dec 2032$816.56$574.44$1,391.00$152,029.08
2032 Total$9,599.37$7,092.63$16,692
160Jan 2033$819.62$571.38$1,391.00$151,209.46
161Feb 2033$822.70$568.30$1,391.00$150,386.76
162Mar 2033$825.80$565.20$1,391.00$149,560.96
163Apr 2033$828.90$562.10$1,391.00$148,732.06
164May 2033$832.02$558.98$1,391.00$147,900.04
165Jun 2033$835.14$555.86$1,391.00$147,064.90
166Jul 2033$838.28$552.72$1,391.00$146,226.62
167Aug 2033$841.43$549.57$1,391.00$145,385.19
168Sep 2033$844.59$546.41$1,391.00$144,540.60
169Oct 2033$847.77$543.23$1,391.00$143,692.83
170Nov 2033$850.95$540.05$1,391.00$142,841.88
171Dec 2033$854.15$536.85$1,391.00$141,987.73
2033 Total$10,041.35$6,650.65$16,692
172Jan 2034$857.36$533.64$1,391.00$141,130.37
173Feb 2034$860.59$530.41$1,391.00$140,269.78
174Mar 2034$863.82$527.18$1,391.00$139,405.96
175Apr 2034$867.07$523.93$1,391.00$138,538.89
176May 2034$870.32$520.68$1,391.00$137,668.57
177Jun 2034$873.60$517.40$1,391.00$136,794.97
178Jul 2034$876.88$514.12$1,391.00$135,918.09
179Aug 2034$880.17$510.83$1,391.00$135,037.92
180Sep 2034$883.48$507.52$1,391.00$134,154.44
181Oct 2034$886.80$504.20$1,391.00$133,267.64
182Nov 2034$890.14$500.86$1,391.00$132,377.50
183Dec 2034$893.48$497.52$1,391.00$131,484.02
2034 Total$10,503.71$6,188.29$16,692
184Jan 2035$896.84$494.16$1,391.00$130,587.18
185Feb 2035$900.21$490.79$1,391.00$129,686.97
186Mar 2035$903.59$487.41$1,391.00$128,783.38
187Apr 2035$906.99$484.01$1,391.00$127,876.39
188May 2035$910.40$480.60$1,391.00$126,965.99
189Jun 2035$913.82$477.18$1,391.00$126,052.17
190Jul 2035$917.25$473.75$1,391.00$125,134.92
191Aug 2035$920.70$470.30$1,391.00$124,214.22
192Sep 2035$924.16$466.84$1,391.00$123,290.06
193Oct 2035$927.63$463.37$1,391.00$122,362.43
194Nov 2035$931.12$459.88$1,391.00$121,431.31
195Dec 2035$934.62$456.38$1,391.00$120,496.69
2035 Total$10,987.33$5,704.67$16,692
196Jan 2036$938.13$452.87$1,391.00$119,558.56
197Feb 2036$941.66$449.34$1,391.00$118,616.90
198Mar 2036$945.20$445.80$1,391.00$117,671.70
199Apr 2036$948.75$442.25$1,391.00$116,722.95
200May 2036$952.32$438.68$1,391.00$115,770.63
201Jun 2036$955.90$435.10$1,391.00$114,814.73
202Jul 2036$959.49$431.51$1,391.00$113,855.24
203Aug 2036$963.09$427.91$1,391.00$112,892.15
204Sep 2036$966.71$424.29$1,391.00$111,925.44
205Oct 2036$970.35$420.65$1,391.00$110,955.09
206Nov 2036$973.99$417.01$1,391.00$109,981.10
207Dec 2036$977.65$413.35$1,391.00$109,003.45
2036 Total$11,493.24$5,198.76$16,692
208Jan 2037$981.33$409.67$1,391.00$108,022.12
209Feb 2037$985.02$405.98$1,391.00$107,037.10
210Mar 2037$988.72$402.28$1,391.00$106,048.38
211Apr 2037$992.43$398.57$1,391.00$105,055.95
212May 2037$996.16$394.84$1,391.00$104,059.79
213Jun 2037$999.91$391.09$1,391.00$103,059.88
214Jul 2037$1,003.67$387.33$1,391.00$102,056.21
215Aug 2037$1,007.44$383.56$1,391.00$101,048.77
216Sep 2037$1,011.23$379.77$1,391.00$100,037.54
217Oct 2037$1,015.03$375.97$1,391.00$99,022.51
218Nov 2037$1,018.84$372.16$1,391.00$98,003.67
219Dec 2037$1,022.67$368.33$1,391.00$96,981.00
2037 Total$12,022.45$4,669.55$16,692
220Jan 2038$1,026.51$364.49$1,391.00$95,954.49
221Feb 2038$1,030.37$360.63$1,391.00$94,924.12
222Mar 2038$1,034.24$356.76$1,391.00$93,889.88
223Apr 2038$1,038.13$352.87$1,391.00$92,851.75
224May 2038$1,042.03$348.97$1,391.00$91,809.72
225Jun 2038$1,045.95$345.05$1,391.00$90,763.77
226Jul 2038$1,049.88$341.12$1,391.00$89,713.89
227Aug 2038$1,053.83$337.17$1,391.00$88,660.06
228Sep 2038$1,057.79$333.21$1,391.00$87,602.27
229Oct 2038$1,061.76$329.24$1,391.00$86,540.51
230Nov 2038$1,065.75$325.25$1,391.00$85,474.76
231Dec 2038$1,069.76$321.24$1,391.00$84,405.00
2038 Total$12,576$4,116$16,692
232Jan 2039$1,073.78$317.22$1,391.00$83,331.22
233Feb 2039$1,077.81$313.19$1,391.00$82,253.41
234Mar 2039$1,081.86$309.14$1,391.00$81,171.55
235Apr 2039$1,085.93$305.07$1,391.00$80,085.62
236May 2039$1,090.01$300.99$1,391.00$78,995.61
237Jun 2039$1,094.11$296.89$1,391.00$77,901.50
238Jul 2039$1,098.22$292.78$1,391.00$76,803.28
239Aug 2039$1,102.35$288.65$1,391.00$75,700.93
240Sep 2039$1,106.49$284.51$1,391.00$74,594.44
241Oct 2039$1,110.65$280.35$1,391.00$73,483.79
242Nov 2039$1,114.82$276.18$1,391.00$72,368.97
243Dec 2039$1,119.01$271.99$1,391.00$71,249.96
2039 Total$13,155.04$3,536.96$16,692
244Jan 2040$1,123.22$267.78$1,391.00$70,126.74
245Feb 2040$1,127.44$263.56$1,391.00$68,999.30
246Mar 2040$1,131.68$259.32$1,391.00$67,867.62
247Apr 2040$1,135.93$255.07$1,391.00$66,731.69
248May 2040$1,140.20$250.80$1,391.00$65,591.49
249Jun 2040$1,144.49$246.51$1,391.00$64,447.00
250Jul 2040$1,148.79$242.21$1,391.00$63,298.21
251Aug 2040$1,153.10$237.90$1,391.00$62,145.11
252Sep 2040$1,157.44$233.56$1,391.00$60,987.67
253Oct 2040$1,161.79$229.21$1,391.00$59,825.88
254Nov 2040$1,166.15$224.85$1,391.00$58,659.73
255Dec 2040$1,170.54$220.46$1,391.00$57,489.19
2040 Total$13,760.77$2,931.23$16,692
256Jan 2041$1,174.94$216.06$1,391.00$56,314.25
257Feb 2041$1,179.35$211.65$1,391.00$55,134.90
258Mar 2041$1,183.78$207.22$1,391.00$53,951.12
259Apr 2041$1,188.23$202.77$1,391.00$52,762.89
260May 2041$1,192.70$198.30$1,391.00$51,570.19
261Jun 2041$1,197.18$193.82$1,391.00$50,373.01
262Jul 2041$1,201.68$189.32$1,391.00$49,171.33
263Aug 2041$1,206.20$184.80$1,391.00$47,965.13
264Sep 2041$1,210.73$180.27$1,391.00$46,754.40
265Oct 2041$1,215.28$175.72$1,391.00$45,539.12
266Nov 2041$1,219.85$171.15$1,391.00$44,319.27
267Dec 2041$1,224.43$166.57$1,391.00$43,094.84
2041 Total$14,394.35$2,297.65$16,692
268Jan 2042$1,229.04$161.96$1,391.00$41,865.80
269Feb 2042$1,233.65$157.35$1,391.00$40,632.15
270Mar 2042$1,238.29$152.71$1,391.00$39,393.86
271Apr 2042$1,242.94$148.06$1,391.00$38,150.92
272May 2042$1,247.62$143.38$1,391.00$36,903.30
273Jun 2042$1,252.31$138.69$1,391.00$35,650.99
274Jul 2042$1,257.01$133.99$1,391.00$34,393.98
275Aug 2042$1,261.74$129.26$1,391.00$33,132.24
276Sep 2042$1,266.48$124.52$1,391.00$31,865.76
277Oct 2042$1,271.24$119.76$1,391.00$30,594.52
278Nov 2042$1,276.02$114.98$1,391.00$29,318.50
279Dec 2042$1,280.81$110.19$1,391.00$28,037.69
2042 Total$15,057.15$1,634.85$16,692
280Jan 2043$1,285.63$105.37$1,391.00$26,752.06
281Feb 2043$1,290.46$100.54$1,391.00$25,461.60
282Mar 2043$1,295.31$95.69$1,391.00$24,166.29
283Apr 2043$1,300.18$90.82$1,391.00$22,866.11
284May 2043$1,305.06$85.94$1,391.00$21,561.05
285Jun 2043$1,309.97$81.03$1,391.00$20,251.08
286Jul 2043$1,314.89$76.11$1,391.00$18,936.19
287Aug 2043$1,319.83$71.17$1,391.00$17,616.36
288Sep 2043$1,324.79$66.21$1,391.00$16,291.57
289Oct 2043$1,329.77$61.23$1,391.00$14,961.80
290Nov 2043$1,334.77$56.23$1,391.00$13,627.03
291Dec 2043$1,339.79$51.21$1,391.00$12,287.24
2043 Total$15,750.45$941.55$16,692
292Jan 2044$1,344.82$46.18$1,391.00$10,942.42
293Feb 2044$1,349.87$41.13$1,391.00$9,592.55
294Mar 2044$1,354.95$36.05$1,391.00$8,237.60
295Apr 2044$1,360.04$30.96$1,391.00$6,877.56
296May 2044$1,365.15$25.85$1,391.00$5,512.41
297Jun 2044$1,370.28$20.72$1,391.00$4,142.13
298Jul 2044$1,375.43$15.57$1,391.00$2,766.70
299Aug 2044$1,380.60$10.40$1,391.00$1,386.10
300Sep 2044$1,385.79$5.21$1,391.00$0.31
2044 Total$12,286.93$232.07$12,519
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