Premium Plus Investment Loan (Principal and Interest) from First Option Bank

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.
Borrow amount
$250,000
Advertised rate
4.25%
Variable
Loan term
over 25 years
Repayment Frequency
Monthly
Monthly repayment
$1,354
Number of Repayments
300
Total Interest Paid
$156,200
Total repayments
$406,200
DatePrincipleInterestPaymentBalance
1Oct 2019$468.93$885.42$1,354.35$249,531.07
2Nov 2019$470.59$883.76$1,354.35$249,060.48
3Dec 2019$472.26$882.09$1,354.35$248,588.22
2019 Total$1,411.78$2,651.27$4,063.05
4Jan 2020$473.93$880.42$1,354.35$248,114.29
5Feb 2020$475.61$878.74$1,354.35$247,638.68
6Mar 2020$477.30$877.05$1,354.35$247,161.38
7Apr 2020$478.99$875.36$1,354.35$246,682.39
8May 2020$480.68$873.67$1,354.35$246,201.71
9Jun 2020$482.39$871.96$1,354.35$245,719.32
10Jul 2020$484.09$870.26$1,354.35$245,235.23
11Aug 2020$485.81$868.54$1,354.35$244,749.42
12Sep 2020$487.53$866.82$1,354.35$244,261.89
13Oct 2020$489.26$865.09$1,354.35$243,772.63
14Nov 2020$490.99$863.36$1,354.35$243,281.64
15Dec 2020$492.73$861.62$1,354.35$242,788.91
2020 Total$5,799.31$10,452.89$16,252.2
16Jan 2021$494.47$859.88$1,354.35$242,294.44
17Feb 2021$496.22$858.13$1,354.35$241,798.22
18Mar 2021$497.98$856.37$1,354.35$241,300.24
19Apr 2021$499.74$854.61$1,354.35$240,800.50
20May 2021$501.51$852.84$1,354.35$240,298.99
21Jun 2021$503.29$851.06$1,354.35$239,795.70
22Jul 2021$505.07$849.28$1,354.35$239,290.63
23Aug 2021$506.86$847.49$1,354.35$238,783.77
24Sep 2021$508.66$845.69$1,354.35$238,275.11
25Oct 2021$510.46$843.89$1,354.35$237,764.65
26Nov 2021$512.27$842.08$1,354.35$237,252.38
27Dec 2021$514.08$840.27$1,354.35$236,738.30
2021 Total$6,050.61$10,201.59$16,252.2
28Jan 2022$515.90$838.45$1,354.35$236,222.40
29Feb 2022$517.73$836.62$1,354.35$235,704.67
30Mar 2022$519.56$834.79$1,354.35$235,185.11
31Apr 2022$521.40$832.95$1,354.35$234,663.71
32May 2022$523.25$831.10$1,354.35$234,140.46
33Jun 2022$525.10$829.25$1,354.35$233,615.36
34Jul 2022$526.96$827.39$1,354.35$233,088.40
35Aug 2022$528.83$825.52$1,354.35$232,559.57
36Sep 2022$530.70$823.65$1,354.35$232,028.87
37Oct 2022$532.58$821.77$1,354.35$231,496.29
38Nov 2022$534.47$819.88$1,354.35$230,961.82
39Dec 2022$536.36$817.99$1,354.35$230,425.46
2022 Total$6,312.84$9,939.36$16,252.2
40Jan 2023$538.26$816.09$1,354.35$229,887.20
41Feb 2023$540.17$814.18$1,354.35$229,347.03
42Mar 2023$542.08$812.27$1,354.35$228,804.95
43Apr 2023$544.00$810.35$1,354.35$228,260.95
44May 2023$545.93$808.42$1,354.35$227,715.02
45Jun 2023$547.86$806.49$1,354.35$227,167.16
46Jul 2023$549.80$804.55$1,354.35$226,617.36
47Aug 2023$551.75$802.60$1,354.35$226,065.61
48Sep 2023$553.70$800.65$1,354.35$225,511.91
49Oct 2023$555.66$798.69$1,354.35$224,956.25
50Nov 2023$557.63$796.72$1,354.35$224,398.62
51Dec 2023$559.60$794.75$1,354.35$223,839.02
2023 Total$6,586.44$9,665.76$16,252.2
52Jan 2024$561.59$792.76$1,354.35$223,277.43
53Feb 2024$563.58$790.77$1,354.35$222,713.85
54Mar 2024$565.57$788.78$1,354.35$222,148.28
55Apr 2024$567.57$786.78$1,354.35$221,580.71
56May 2024$569.58$784.77$1,354.35$221,011.13
57Jun 2024$571.60$782.75$1,354.35$220,439.53
58Jul 2024$573.63$780.72$1,354.35$219,865.90
59Aug 2024$575.66$778.69$1,354.35$219,290.24
60Sep 2024$577.70$776.65$1,354.35$218,712.54
61Oct 2024$579.74$774.61$1,354.35$218,132.80
62Nov 2024$581.80$772.55$1,354.35$217,551.00
63Dec 2024$583.86$770.49$1,354.35$216,967.14
2024 Total$6,871.88$9,380.32$16,252.2
64Jan 2025$585.92$768.43$1,354.35$216,381.22
65Feb 2025$588.00$766.35$1,354.35$215,793.22
66Mar 2025$590.08$764.27$1,354.35$215,203.14
67Apr 2025$592.17$762.18$1,354.35$214,610.97
68May 2025$594.27$760.08$1,354.35$214,016.70
69Jun 2025$596.37$757.98$1,354.35$213,420.33
70Jul 2025$598.49$755.86$1,354.35$212,821.84
71Aug 2025$600.61$753.74$1,354.35$212,221.23
72Sep 2025$602.73$751.62$1,354.35$211,618.50
73Oct 2025$604.87$749.48$1,354.35$211,013.63
74Nov 2025$607.01$747.34$1,354.35$210,406.62
75Dec 2025$609.16$745.19$1,354.35$209,797.46
2025 Total$7,169.68$9,082.52$16,252.2
76Jan 2026$611.32$743.03$1,354.35$209,186.14
77Feb 2026$613.48$740.87$1,354.35$208,572.66
78Mar 2026$615.66$738.69$1,354.35$207,957.00
79Apr 2026$617.84$736.51$1,354.35$207,339.16
80May 2026$620.02$734.33$1,354.35$206,719.14
81Jun 2026$622.22$732.13$1,354.35$206,096.92
82Jul 2026$624.42$729.93$1,354.35$205,472.50
83Aug 2026$626.63$727.72$1,354.35$204,845.87
84Sep 2026$628.85$725.50$1,354.35$204,217.02
85Oct 2026$631.08$723.27$1,354.35$203,585.94
86Nov 2026$633.32$721.03$1,354.35$202,952.62
87Dec 2026$635.56$718.79$1,354.35$202,317.06
2026 Total$7,480.4$8,771.8$16,252.2
88Jan 2027$637.81$716.54$1,354.35$201,679.25
89Feb 2027$640.07$714.28$1,354.35$201,039.18
90Mar 2027$642.34$712.01$1,354.35$200,396.84
91Apr 2027$644.61$709.74$1,354.35$199,752.23
92May 2027$646.89$707.46$1,354.35$199,105.34
93Jun 2027$649.19$705.16$1,354.35$198,456.15
94Jul 2027$651.48$702.87$1,354.35$197,804.67
95Aug 2027$653.79$700.56$1,354.35$197,150.88
96Sep 2027$656.11$698.24$1,354.35$196,494.77
97Oct 2027$658.43$695.92$1,354.35$195,836.34
98Nov 2027$660.76$693.59$1,354.35$195,175.58
99Dec 2027$663.10$691.25$1,354.35$194,512.48
2027 Total$7,804.58$8,447.62$16,252.2
100Jan 2028$665.45$688.90$1,354.35$193,847.03
101Feb 2028$667.81$686.54$1,354.35$193,179.22
102Mar 2028$670.17$684.18$1,354.35$192,509.05
103Apr 2028$672.55$681.80$1,354.35$191,836.50
104May 2028$674.93$679.42$1,354.35$191,161.57
105Jun 2028$677.32$677.03$1,354.35$190,484.25
106Jul 2028$679.72$674.63$1,354.35$189,804.53
107Aug 2028$682.13$672.22$1,354.35$189,122.40
108Sep 2028$684.54$669.81$1,354.35$188,437.86
109Oct 2028$686.97$667.38$1,354.35$187,750.89
110Nov 2028$689.40$664.95$1,354.35$187,061.49
111Dec 2028$691.84$662.51$1,354.35$186,369.65
2028 Total$8,142.83$8,109.37$16,252.2
112Jan 2029$694.29$660.06$1,354.35$185,675.36
113Feb 2029$696.75$657.60$1,354.35$184,978.61
114Mar 2029$699.22$655.13$1,354.35$184,279.39
115Apr 2029$701.69$652.66$1,354.35$183,577.70
116May 2029$704.18$650.17$1,354.35$182,873.52
117Jun 2029$706.67$647.68$1,354.35$182,166.85
118Jul 2029$709.18$645.17$1,354.35$181,457.67
119Aug 2029$711.69$642.66$1,354.35$180,745.98
120Sep 2029$714.21$640.14$1,354.35$180,031.77
121Oct 2029$716.74$637.61$1,354.35$179,315.03
122Nov 2029$719.28$635.07$1,354.35$178,595.75
123Dec 2029$721.82$632.53$1,354.35$177,873.93
2029 Total$8,495.72$7,756.48$16,252.2
124Jan 2030$724.38$629.97$1,354.35$177,149.55
125Feb 2030$726.95$627.40$1,354.35$176,422.60
126Mar 2030$729.52$624.83$1,354.35$175,693.08
127Apr 2030$732.10$622.25$1,354.35$174,960.98
128May 2030$734.70$619.65$1,354.35$174,226.28
129Jun 2030$737.30$617.05$1,354.35$173,488.98
130Jul 2030$739.91$614.44$1,354.35$172,749.07
131Aug 2030$742.53$611.82$1,354.35$172,006.54
132Sep 2030$745.16$609.19$1,354.35$171,261.38
133Oct 2030$747.80$606.55$1,354.35$170,513.58
134Nov 2030$750.45$603.90$1,354.35$169,763.13
135Dec 2030$753.11$601.24$1,354.35$169,010.02
2030 Total$8,863.91$7,388.29$16,252.2
136Jan 2031$755.77$598.58$1,354.35$168,254.25
137Feb 2031$758.45$595.90$1,354.35$167,495.80
138Mar 2031$761.14$593.21$1,354.35$166,734.66
139Apr 2031$763.83$590.52$1,354.35$165,970.83
140May 2031$766.54$587.81$1,354.35$165,204.29
141Jun 2031$769.25$585.10$1,354.35$164,435.04
142Jul 2031$771.98$582.37$1,354.35$163,663.06
143Aug 2031$774.71$579.64$1,354.35$162,888.35
144Sep 2031$777.45$576.90$1,354.35$162,110.90
145Oct 2031$780.21$574.14$1,354.35$161,330.69
146Nov 2031$782.97$571.38$1,354.35$160,547.72
147Dec 2031$785.74$568.61$1,354.35$159,761.98
2031 Total$9,248.04$7,004.16$16,252.2
148Jan 2032$788.53$565.82$1,354.35$158,973.45
149Feb 2032$791.32$563.03$1,354.35$158,182.13
150Mar 2032$794.12$560.23$1,354.35$157,388.01
151Apr 2032$796.93$557.42$1,354.35$156,591.08
152May 2032$799.76$554.59$1,354.35$155,791.32
153Jun 2032$802.59$551.76$1,354.35$154,988.73
154Jul 2032$805.43$548.92$1,354.35$154,183.30
155Aug 2032$808.28$546.07$1,354.35$153,375.02
156Sep 2032$811.15$543.20$1,354.35$152,563.87
157Oct 2032$814.02$540.33$1,354.35$151,749.85
158Nov 2032$816.90$537.45$1,354.35$150,932.95
159Dec 2032$819.80$534.55$1,354.35$150,113.15
2032 Total$9,648.83$6,603.37$16,252.2
160Jan 2033$822.70$531.65$1,354.35$149,290.45
161Feb 2033$825.61$528.74$1,354.35$148,464.84
162Mar 2033$828.54$525.81$1,354.35$147,636.30
163Apr 2033$831.47$522.88$1,354.35$146,804.83
164May 2033$834.42$519.93$1,354.35$145,970.41
165Jun 2033$837.37$516.98$1,354.35$145,133.04
166Jul 2033$840.34$514.01$1,354.35$144,292.70
167Aug 2033$843.31$511.04$1,354.35$143,449.39
168Sep 2033$846.30$508.05$1,354.35$142,603.09
169Oct 2033$849.30$505.05$1,354.35$141,753.79
170Nov 2033$852.31$502.04$1,354.35$140,901.48
171Dec 2033$855.32$499.03$1,354.35$140,046.16
2033 Total$10,066.99$6,185.21$16,252.2
172Jan 2034$858.35$496.00$1,354.35$139,187.81
173Feb 2034$861.39$492.96$1,354.35$138,326.42
174Mar 2034$864.44$489.91$1,354.35$137,461.98
175Apr 2034$867.51$486.84$1,354.35$136,594.47
176May 2034$870.58$483.77$1,354.35$135,723.89
177Jun 2034$873.66$480.69$1,354.35$134,850.23
178Jul 2034$876.76$477.59$1,354.35$133,973.47
179Aug 2034$879.86$474.49$1,354.35$133,093.61
180Sep 2034$882.98$471.37$1,354.35$132,210.63
181Oct 2034$886.10$468.25$1,354.35$131,324.53
182Nov 2034$889.24$465.11$1,354.35$130,435.29
183Dec 2034$892.39$461.96$1,354.35$129,542.90
2034 Total$10,503.26$5,748.94$16,252.2
184Jan 2035$895.55$458.80$1,354.35$128,647.35
185Feb 2035$898.72$455.63$1,354.35$127,748.63
186Mar 2035$901.91$452.44$1,354.35$126,846.72
187Apr 2035$905.10$449.25$1,354.35$125,941.62
188May 2035$908.31$446.04$1,354.35$125,033.31
189Jun 2035$911.52$442.83$1,354.35$124,121.79
190Jul 2035$914.75$439.60$1,354.35$123,207.04
191Aug 2035$917.99$436.36$1,354.35$122,289.05
192Sep 2035$921.24$433.11$1,354.35$121,367.81
193Oct 2035$924.51$429.84$1,354.35$120,443.30
194Nov 2035$927.78$426.57$1,354.35$119,515.52
195Dec 2035$931.07$423.28$1,354.35$118,584.45
2035 Total$10,958.45$5,293.75$16,252.2
196Jan 2036$934.36$419.99$1,354.35$117,650.09
197Feb 2036$937.67$416.68$1,354.35$116,712.42
198Mar 2036$940.99$413.36$1,354.35$115,771.43
199Apr 2036$944.33$410.02$1,354.35$114,827.10
200May 2036$947.67$406.68$1,354.35$113,879.43
201Jun 2036$951.03$403.32$1,354.35$112,928.40
202Jul 2036$954.40$399.95$1,354.35$111,974.00
203Aug 2036$957.78$396.57$1,354.35$111,016.22
204Sep 2036$961.17$393.18$1,354.35$110,055.05
205Oct 2036$964.57$389.78$1,354.35$109,090.48
206Nov 2036$967.99$386.36$1,354.35$108,122.49
207Dec 2036$971.42$382.93$1,354.35$107,151.07
2036 Total$11,433.38$4,818.82$16,252.2
208Jan 2037$974.86$379.49$1,354.35$106,176.21
209Feb 2037$978.31$376.04$1,354.35$105,197.90
210Mar 2037$981.77$372.58$1,354.35$104,216.13
211Apr 2037$985.25$369.10$1,354.35$103,230.88
212May 2037$988.74$365.61$1,354.35$102,242.14
213Jun 2037$992.24$362.11$1,354.35$101,249.90
214Jul 2037$995.76$358.59$1,354.35$100,254.14
215Aug 2037$999.28$355.07$1,354.35$99,254.86
216Sep 2037$1,002.82$351.53$1,354.35$98,252.04
217Oct 2037$1,006.37$347.98$1,354.35$97,245.67
218Nov 2037$1,009.94$344.41$1,354.35$96,235.73
219Dec 2037$1,013.52$340.83$1,354.35$95,222.21
2037 Total$11,928.86$4,323.34$16,252.2
220Jan 2038$1,017.10$337.25$1,354.35$94,205.11
221Feb 2038$1,020.71$333.64$1,354.35$93,184.40
222Mar 2038$1,024.32$330.03$1,354.35$92,160.08
223Apr 2038$1,027.95$326.40$1,354.35$91,132.13
224May 2038$1,031.59$322.76$1,354.35$90,100.54
225Jun 2038$1,035.24$319.11$1,354.35$89,065.30
226Jul 2038$1,038.91$315.44$1,354.35$88,026.39
227Aug 2038$1,042.59$311.76$1,354.35$86,983.80
228Sep 2038$1,046.28$308.07$1,354.35$85,937.52
229Oct 2038$1,049.99$304.36$1,354.35$84,887.53
230Nov 2038$1,053.71$300.64$1,354.35$83,833.82
231Dec 2038$1,057.44$296.91$1,354.35$82,776.38
2038 Total$12,445.83$3,806.37$16,252.2
232Jan 2039$1,061.18$293.17$1,354.35$81,715.20
233Feb 2039$1,064.94$289.41$1,354.35$80,650.26
234Mar 2039$1,068.71$285.64$1,354.35$79,581.55
235Apr 2039$1,072.50$281.85$1,354.35$78,509.05
236May 2039$1,076.30$278.05$1,354.35$77,432.75
237Jun 2039$1,080.11$274.24$1,354.35$76,352.64
238Jul 2039$1,083.93$270.42$1,354.35$75,268.71
239Aug 2039$1,087.77$266.58$1,354.35$74,180.94
240Sep 2039$1,091.63$262.72$1,354.35$73,089.31
241Oct 2039$1,095.49$258.86$1,354.35$71,993.82
242Nov 2039$1,099.37$254.98$1,354.35$70,894.45
243Dec 2039$1,103.27$251.08$1,354.35$69,791.18
2039 Total$12,985.2$3,267$16,252.2
244Jan 2040$1,107.17$247.18$1,354.35$68,684.01
245Feb 2040$1,111.09$243.26$1,354.35$67,572.92
246Mar 2040$1,115.03$239.32$1,354.35$66,457.89
247Apr 2040$1,118.98$235.37$1,354.35$65,338.91
248May 2040$1,122.94$231.41$1,354.35$64,215.97
249Jun 2040$1,126.92$227.43$1,354.35$63,089.05
250Jul 2040$1,130.91$223.44$1,354.35$61,958.14
251Aug 2040$1,134.91$219.44$1,354.35$60,823.23
252Sep 2040$1,138.93$215.42$1,354.35$59,684.30
253Oct 2040$1,142.97$211.38$1,354.35$58,541.33
254Nov 2040$1,147.02$207.33$1,354.35$57,394.31
255Dec 2040$1,151.08$203.27$1,354.35$56,243.23
2040 Total$13,547.95$2,704.25$16,252.2
256Jan 2041$1,155.16$199.19$1,354.35$55,088.07
257Feb 2041$1,159.25$195.10$1,354.35$53,928.82
258Mar 2041$1,163.35$191.00$1,354.35$52,765.47
259Apr 2041$1,167.47$186.88$1,354.35$51,598.00
260May 2041$1,171.61$182.74$1,354.35$50,426.39
261Jun 2041$1,175.76$178.59$1,354.35$49,250.63
262Jul 2041$1,179.92$174.43$1,354.35$48,070.71
263Aug 2041$1,184.10$170.25$1,354.35$46,886.61
264Sep 2041$1,188.29$166.06$1,354.35$45,698.32
265Oct 2041$1,192.50$161.85$1,354.35$44,505.82
266Nov 2041$1,196.73$157.62$1,354.35$43,309.09
267Dec 2041$1,200.96$153.39$1,354.35$42,108.13
2041 Total$14,135.1$2,117.1$16,252.2
268Jan 2042$1,205.22$149.13$1,354.35$40,902.91
269Feb 2042$1,209.49$144.86$1,354.35$39,693.42
270Mar 2042$1,213.77$140.58$1,354.35$38,479.65
271Apr 2042$1,218.07$136.28$1,354.35$37,261.58
272May 2042$1,222.38$131.97$1,354.35$36,039.20
273Jun 2042$1,226.71$127.64$1,354.35$34,812.49
274Jul 2042$1,231.06$123.29$1,354.35$33,581.43
275Aug 2042$1,235.42$118.93$1,354.35$32,346.01
276Sep 2042$1,239.79$114.56$1,354.35$31,106.22
277Oct 2042$1,244.18$110.17$1,354.35$29,862.04
278Nov 2042$1,248.59$105.76$1,354.35$28,613.45
279Dec 2042$1,253.01$101.34$1,354.35$27,360.44
2042 Total$14,747.69$1,504.51$16,252.2
280Jan 2043$1,257.45$96.90$1,354.35$26,102.99
281Feb 2043$1,261.90$92.45$1,354.35$24,841.09
282Mar 2043$1,266.37$87.98$1,354.35$23,574.72
283Apr 2043$1,270.86$83.49$1,354.35$22,303.86
284May 2043$1,275.36$78.99$1,354.35$21,028.50
285Jun 2043$1,279.87$74.48$1,354.35$19,748.63
286Jul 2043$1,284.41$69.94$1,354.35$18,464.22
287Aug 2043$1,288.96$65.39$1,354.35$17,175.26
288Sep 2043$1,293.52$60.83$1,354.35$15,881.74
289Oct 2043$1,298.10$56.25$1,354.35$14,583.64
290Nov 2043$1,302.70$51.65$1,354.35$13,280.94
291Dec 2043$1,307.31$47.04$1,354.35$11,973.63
2043 Total$15,386.81$865.39$16,252.2
292Jan 2044$1,311.94$42.41$1,354.35$10,661.69
293Feb 2044$1,316.59$37.76$1,354.35$9,345.10
294Mar 2044$1,321.25$33.10$1,354.35$8,023.85
295Apr 2044$1,325.93$28.42$1,354.35$6,697.92
296May 2044$1,330.63$23.72$1,354.35$5,367.29
297Jun 2044$1,335.34$19.01$1,354.35$4,031.95
298Jul 2044$1,340.07$14.28$1,354.35$2,691.88
299Aug 2044$1,344.82$9.53$1,354.35$1,347.06
300Sep 2044$1,347.06$4.77$1,351.83$0.00
2044 Total$11,973.63$213$12,186.63
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