Classic Investment Loan (Interest Only) from First Option Bank

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.
Borrow amount
$250,000
Advertised rate
5.19%
Variable
Loan term
over 25 years
Repayment Frequency
Monthly
Monthly repayment
$1,081
Number of Repayments
300
Total Interest Paid
$74,300
Total repayments
$324,300
DatePrincipleInterestPaymentBalance
1Dec 2019$408.03$1,081.25$1,489.28$249,591.97
2019 Total$408.03$1,081.25$1,489.28
2Jan 2020$409.79$1,079.49$1,489.28$249,182.18
3Feb 2020$411.57$1,077.71$1,489.28$248,770.61
4Mar 2020$413.35$1,075.93$1,489.28$248,357.26
5Apr 2020$415.13$1,074.15$1,489.28$247,942.13
6May 2020$416.93$1,072.35$1,489.28$247,525.20
7Jun 2020$418.73$1,070.55$1,489.28$247,106.47
8Jul 2020$420.54$1,068.74$1,489.28$246,685.93
9Aug 2020$422.36$1,066.92$1,489.28$246,263.57
10Sep 2020$424.19$1,065.09$1,489.28$245,839.38
11Oct 2020$426.02$1,063.26$1,489.28$245,413.36
12Nov 2020$427.87$1,061.41$1,489.28$244,985.49
13Dec 2020$429.72$1,059.56$1,489.28$244,555.77
2020 Total$5,036.2$12,835.16$17,871.36
14Jan 2021$431.58$1,057.70$1,489.28$244,124.19
15Feb 2021$433.44$1,055.84$1,489.28$243,690.75
16Mar 2021$435.32$1,053.96$1,489.28$243,255.43
17Apr 2021$437.20$1,052.08$1,489.28$242,818.23
18May 2021$439.09$1,050.19$1,489.28$242,379.14
19Jun 2021$440.99$1,048.29$1,489.28$241,938.15
20Jul 2021$442.90$1,046.38$1,489.28$241,495.25
21Aug 2021$444.81$1,044.47$1,489.28$241,050.44
22Sep 2021$446.74$1,042.54$1,489.28$240,603.70
23Oct 2021$448.67$1,040.61$1,489.28$240,155.03
24Nov 2021$450.61$1,038.67$1,489.28$239,704.42
25Dec 2021$452.56$1,036.72$1,489.28$239,251.86
2021 Total$5,303.91$12,567.45$17,871.36
26Jan 2022$454.52$1,034.76$1,489.28$238,797.34
27Feb 2022$456.48$1,032.80$1,489.28$238,340.86
28Mar 2022$458.46$1,030.82$1,489.28$237,882.40
29Apr 2022$460.44$1,028.84$1,489.28$237,421.96
30May 2022$462.43$1,026.85$1,489.28$236,959.53
31Jun 2022$464.43$1,024.85$1,489.28$236,495.10
32Jul 2022$466.44$1,022.84$1,489.28$236,028.66
33Aug 2022$468.46$1,020.82$1,489.28$235,560.20
34Sep 2022$470.48$1,018.80$1,489.28$235,089.72
35Oct 2022$472.52$1,016.76$1,489.28$234,617.20
36Nov 2022$474.56$1,014.72$1,489.28$234,142.64
37Dec 2022$476.61$1,012.67$1,489.28$233,666.03
2022 Total$5,585.83$12,285.53$17,871.36
38Jan 2023$478.67$1,010.61$1,489.28$233,187.36
39Feb 2023$480.74$1,008.54$1,489.28$232,706.62
40Mar 2023$482.82$1,006.46$1,489.28$232,223.80
41Apr 2023$484.91$1,004.37$1,489.28$231,738.89
42May 2023$487.01$1,002.27$1,489.28$231,251.88
43Jun 2023$489.12$1,000.16$1,489.28$230,762.76
44Jul 2023$491.23$998.05$1,489.28$230,271.53
45Aug 2023$493.36$995.92$1,489.28$229,778.17
46Sep 2023$495.49$993.79$1,489.28$229,282.68
47Oct 2023$497.63$991.65$1,489.28$228,785.05
48Nov 2023$499.78$989.50$1,489.28$228,285.27
49Dec 2023$501.95$987.33$1,489.28$227,783.32
2023 Total$5,882.71$11,988.65$17,871.36
50Jan 2024$504.12$985.16$1,489.28$227,279.20
51Feb 2024$506.30$982.98$1,489.28$226,772.90
52Mar 2024$508.49$980.79$1,489.28$226,264.41
53Apr 2024$510.69$978.59$1,489.28$225,753.72
54May 2024$512.90$976.38$1,489.28$225,240.82
55Jun 2024$515.11$974.17$1,489.28$224,725.71
56Jul 2024$517.34$971.94$1,489.28$224,208.37
57Aug 2024$519.58$969.70$1,489.28$223,688.79
58Sep 2024$521.83$967.45$1,489.28$223,166.96
59Oct 2024$524.08$965.20$1,489.28$222,642.88
60Nov 2024$526.35$962.93$1,489.28$222,116.53
61Dec 2024$528.63$960.65$1,489.28$221,587.90
2024 Total$6,195.42$11,675.94$17,871.36
62Jan 2025$530.91$958.37$1,489.28$221,056.99
63Feb 2025$533.21$956.07$1,489.28$220,523.78
64Mar 2025$535.51$953.77$1,489.28$219,988.27
65Apr 2025$537.83$951.45$1,489.28$219,450.44
66May 2025$540.16$949.12$1,489.28$218,910.28
67Jun 2025$542.49$946.79$1,489.28$218,367.79
68Jul 2025$544.84$944.44$1,489.28$217,822.95
69Aug 2025$547.20$942.08$1,489.28$217,275.75
70Sep 2025$549.56$939.72$1,489.28$216,726.19
71Oct 2025$551.94$937.34$1,489.28$216,174.25
72Nov 2025$554.33$934.95$1,489.28$215,619.92
73Dec 2025$556.72$932.56$1,489.28$215,063.20
2025 Total$6,524.7$11,346.66$17,871.36
74Jan 2026$559.13$930.15$1,489.28$214,504.07
75Feb 2026$561.55$927.73$1,489.28$213,942.52
76Mar 2026$563.98$925.30$1,489.28$213,378.54
77Apr 2026$566.42$922.86$1,489.28$212,812.12
78May 2026$568.87$920.41$1,489.28$212,243.25
79Jun 2026$571.33$917.95$1,489.28$211,671.92
80Jul 2026$573.80$915.48$1,489.28$211,098.12
81Aug 2026$576.28$913.00$1,489.28$210,521.84
82Sep 2026$578.77$910.51$1,489.28$209,943.07
83Oct 2026$581.28$908.00$1,489.28$209,361.79
84Nov 2026$583.79$905.49$1,489.28$208,778.00
85Dec 2026$586.32$902.96$1,489.28$208,191.68
2026 Total$6,871.52$10,999.84$17,871.36
86Jan 2027$588.85$900.43$1,489.28$207,602.83
87Feb 2027$591.40$897.88$1,489.28$207,011.43
88Mar 2027$593.96$895.32$1,489.28$206,417.47
89Apr 2027$596.52$892.76$1,489.28$205,820.95
90May 2027$599.10$890.18$1,489.28$205,221.85
91Jun 2027$601.70$887.58$1,489.28$204,620.15
92Jul 2027$604.30$884.98$1,489.28$204,015.85
93Aug 2027$606.91$882.37$1,489.28$203,408.94
94Sep 2027$609.54$879.74$1,489.28$202,799.40
95Oct 2027$612.17$877.11$1,489.28$202,187.23
96Nov 2027$614.82$874.46$1,489.28$201,572.41
97Dec 2027$617.48$871.80$1,489.28$200,954.93
2027 Total$7,236.75$10,634.61$17,871.36
98Jan 2028$620.15$869.13$1,489.28$200,334.78
99Feb 2028$622.83$866.45$1,489.28$199,711.95
100Mar 2028$625.53$863.75$1,489.28$199,086.42
101Apr 2028$628.23$861.05$1,489.28$198,458.19
102May 2028$630.95$858.33$1,489.28$197,827.24
103Jun 2028$633.68$855.60$1,489.28$197,193.56
104Jul 2028$636.42$852.86$1,489.28$196,557.14
105Aug 2028$639.17$850.11$1,489.28$195,917.97
106Sep 2028$641.93$847.35$1,489.28$195,276.04
107Oct 2028$644.71$844.57$1,489.28$194,631.33
108Nov 2028$647.50$841.78$1,489.28$193,983.83
109Dec 2028$650.30$838.98$1,489.28$193,333.53
2028 Total$7,621.4$10,249.96$17,871.36
110Jan 2029$653.11$836.17$1,489.28$192,680.42
111Feb 2029$655.94$833.34$1,489.28$192,024.48
112Mar 2029$658.77$830.51$1,489.28$191,365.71
113Apr 2029$661.62$827.66$1,489.28$190,704.09
114May 2029$664.48$824.80$1,489.28$190,039.61
115Jun 2029$667.36$821.92$1,489.28$189,372.25
116Jul 2029$670.25$819.03$1,489.28$188,702.00
117Aug 2029$673.14$816.14$1,489.28$188,028.86
118Sep 2029$676.06$813.22$1,489.28$187,352.80
119Oct 2029$678.98$810.30$1,489.28$186,673.82
120Nov 2029$681.92$807.36$1,489.28$185,991.90
121Dec 2029$684.87$804.41$1,489.28$185,307.03
2029 Total$8,026.5$9,844.86$17,871.36
122Jan 2030$687.83$801.45$1,489.28$184,619.20
123Feb 2030$690.80$798.48$1,489.28$183,928.40
124Mar 2030$693.79$795.49$1,489.28$183,234.61
125Apr 2030$696.79$792.49$1,489.28$182,537.82
126May 2030$699.80$789.48$1,489.28$181,838.02
127Jun 2030$702.83$786.45$1,489.28$181,135.19
128Jul 2030$705.87$783.41$1,489.28$180,429.32
129Aug 2030$708.92$780.36$1,489.28$179,720.40
130Sep 2030$711.99$777.29$1,489.28$179,008.41
131Oct 2030$715.07$774.21$1,489.28$178,293.34
132Nov 2030$718.16$771.12$1,489.28$177,575.18
133Dec 2030$721.27$768.01$1,489.28$176,853.91
2030 Total$8,453.12$9,418.24$17,871.36
134Jan 2031$724.39$764.89$1,489.28$176,129.52
135Feb 2031$727.52$761.76$1,489.28$175,402.00
136Mar 2031$730.67$758.61$1,489.28$174,671.33
137Apr 2031$733.83$755.45$1,489.28$173,937.50
138May 2031$737.00$752.28$1,489.28$173,200.50
139Jun 2031$740.19$749.09$1,489.28$172,460.31
140Jul 2031$743.39$745.89$1,489.28$171,716.92
141Aug 2031$746.60$742.68$1,489.28$170,970.32
142Sep 2031$749.83$739.45$1,489.28$170,220.49
143Oct 2031$753.08$736.20$1,489.28$169,467.41
144Nov 2031$756.33$732.95$1,489.28$168,711.08
145Dec 2031$759.60$729.68$1,489.28$167,951.48
2031 Total$8,902.43$8,968.93$17,871.36
146Jan 2032$762.89$726.39$1,489.28$167,188.59
147Feb 2032$766.19$723.09$1,489.28$166,422.40
148Mar 2032$769.50$719.78$1,489.28$165,652.90
149Apr 2032$772.83$716.45$1,489.28$164,880.07
150May 2032$776.17$713.11$1,489.28$164,103.90
151Jun 2032$779.53$709.75$1,489.28$163,324.37
152Jul 2032$782.90$706.38$1,489.28$162,541.47
153Aug 2032$786.29$702.99$1,489.28$161,755.18
154Sep 2032$789.69$699.59$1,489.28$160,965.49
155Oct 2032$793.10$696.18$1,489.28$160,172.39
156Nov 2032$796.53$692.75$1,489.28$159,375.86
157Dec 2032$799.98$689.30$1,489.28$158,575.88
2032 Total$9,375.6$8,495.76$17,871.36
158Jan 2033$803.44$685.84$1,489.28$157,772.44
159Feb 2033$806.91$682.37$1,489.28$156,965.53
160Mar 2033$810.40$678.88$1,489.28$156,155.13
161Apr 2033$813.91$675.37$1,489.28$155,341.22
162May 2033$817.43$671.85$1,489.28$154,523.79
163Jun 2033$820.96$668.32$1,489.28$153,702.83
164Jul 2033$824.52$664.76$1,489.28$152,878.31
165Aug 2033$828.08$661.20$1,489.28$152,050.23
166Sep 2033$831.66$657.62$1,489.28$151,218.57
167Oct 2033$835.26$654.02$1,489.28$150,383.31
168Nov 2033$838.87$650.41$1,489.28$149,544.44
169Dec 2033$842.50$646.78$1,489.28$148,701.94
2033 Total$9,873.94$7,997.42$17,871.36
170Jan 2034$846.14$643.14$1,489.28$147,855.80
171Feb 2034$849.80$639.48$1,489.28$147,006.00
172Mar 2034$853.48$635.80$1,489.28$146,152.52
173Apr 2034$857.17$632.11$1,489.28$145,295.35
174May 2034$860.88$628.40$1,489.28$144,434.47
175Jun 2034$864.60$624.68$1,489.28$143,569.87
176Jul 2034$868.34$620.94$1,489.28$142,701.53
177Aug 2034$872.10$617.18$1,489.28$141,829.43
178Sep 2034$875.87$613.41$1,489.28$140,953.56
179Oct 2034$879.66$609.62$1,489.28$140,073.90
180Nov 2034$883.46$605.82$1,489.28$139,190.44
181Dec 2034$887.28$602.00$1,489.28$138,303.16
2034 Total$10,398.78$7,472.58$17,871.36
182Jan 2035$891.12$598.16$1,489.28$137,412.04
183Feb 2035$894.97$594.31$1,489.28$136,517.07
184Mar 2035$898.84$590.44$1,489.28$135,618.23
185Apr 2035$902.73$586.55$1,489.28$134,715.50
186May 2035$906.64$582.64$1,489.28$133,808.86
187Jun 2035$910.56$578.72$1,489.28$132,898.30
188Jul 2035$914.49$574.79$1,489.28$131,983.81
189Aug 2035$918.45$570.83$1,489.28$131,065.36
190Sep 2035$922.42$566.86$1,489.28$130,142.94
191Oct 2035$926.41$562.87$1,489.28$129,216.53
192Nov 2035$930.42$558.86$1,489.28$128,286.11
193Dec 2035$934.44$554.84$1,489.28$127,351.67
2035 Total$10,951.49$6,919.87$17,871.36
194Jan 2036$938.48$550.80$1,489.28$126,413.19
195Feb 2036$942.54$546.74$1,489.28$125,470.65
196Mar 2036$946.62$542.66$1,489.28$124,524.03
197Apr 2036$950.71$538.57$1,489.28$123,573.32
198May 2036$954.83$534.45$1,489.28$122,618.49
199Jun 2036$958.96$530.32$1,489.28$121,659.53
200Jul 2036$963.10$526.18$1,489.28$120,696.43
201Aug 2036$967.27$522.01$1,489.28$119,729.16
202Sep 2036$971.45$517.83$1,489.28$118,757.71
203Oct 2036$975.65$513.63$1,489.28$117,782.06
204Nov 2036$979.87$509.41$1,489.28$116,802.19
205Dec 2036$984.11$505.17$1,489.28$115,818.08
2036 Total$11,533.59$6,337.77$17,871.36
206Jan 2037$988.37$500.91$1,489.28$114,829.71
207Feb 2037$992.64$496.64$1,489.28$113,837.07
208Mar 2037$996.93$492.35$1,489.28$112,840.14
209Apr 2037$1,001.25$488.03$1,489.28$111,838.89
210May 2037$1,005.58$483.70$1,489.28$110,833.31
211Jun 2037$1,009.93$479.35$1,489.28$109,823.38
212Jul 2037$1,014.29$474.99$1,489.28$108,809.09
213Aug 2037$1,018.68$470.60$1,489.28$107,790.41
214Sep 2037$1,023.09$466.19$1,489.28$106,767.32
215Oct 2037$1,027.51$461.77$1,489.28$105,739.81
216Nov 2037$1,031.96$457.32$1,489.28$104,707.85
217Dec 2037$1,036.42$452.86$1,489.28$103,671.43
2037 Total$12,146.65$5,724.71$17,871.36
218Jan 2038$1,040.90$448.38$1,489.28$102,630.53
219Feb 2038$1,045.40$443.88$1,489.28$101,585.13
220Mar 2038$1,049.92$439.36$1,489.28$100,535.21
221Apr 2038$1,054.47$434.81$1,489.28$99,480.74
222May 2038$1,059.03$430.25$1,489.28$98,421.71
223Jun 2038$1,063.61$425.67$1,489.28$97,358.10
224Jul 2038$1,068.21$421.07$1,489.28$96,289.89
225Aug 2038$1,072.83$416.45$1,489.28$95,217.06
226Sep 2038$1,077.47$411.81$1,489.28$94,139.59
227Oct 2038$1,082.13$407.15$1,489.28$93,057.46
228Nov 2038$1,086.81$402.47$1,489.28$91,970.65
229Dec 2038$1,091.51$397.77$1,489.28$90,879.14
2038 Total$12,792.29$5,079.07$17,871.36
230Jan 2039$1,096.23$393.05$1,489.28$89,782.91
231Feb 2039$1,100.97$388.31$1,489.28$88,681.94
232Mar 2039$1,105.73$383.55$1,489.28$87,576.21
233Apr 2039$1,110.51$378.77$1,489.28$86,465.70
234May 2039$1,115.32$373.96$1,489.28$85,350.38
235Jun 2039$1,120.14$369.14$1,489.28$84,230.24
236Jul 2039$1,124.98$364.30$1,489.28$83,105.26
237Aug 2039$1,129.85$359.43$1,489.28$81,975.41
238Sep 2039$1,134.74$354.54$1,489.28$80,840.67
239Oct 2039$1,139.64$349.64$1,489.28$79,701.03
240Nov 2039$1,144.57$344.71$1,489.28$78,556.46
241Dec 2039$1,149.52$339.76$1,489.28$77,406.94
2039 Total$13,472.2$4,399.16$17,871.36
242Jan 2040$1,154.49$334.79$1,489.28$76,252.45
243Feb 2040$1,159.49$329.79$1,489.28$75,092.96
244Mar 2040$1,164.50$324.78$1,489.28$73,928.46
245Apr 2040$1,169.54$319.74$1,489.28$72,758.92
246May 2040$1,174.60$314.68$1,489.28$71,584.32
247Jun 2040$1,179.68$309.60$1,489.28$70,404.64
248Jul 2040$1,184.78$304.50$1,489.28$69,219.86
249Aug 2040$1,189.90$299.38$1,489.28$68,029.96
250Sep 2040$1,195.05$294.23$1,489.28$66,834.91
251Oct 2040$1,200.22$289.06$1,489.28$65,634.69
252Nov 2040$1,205.41$283.87$1,489.28$64,429.28
253Dec 2040$1,210.62$278.66$1,489.28$63,218.66
2040 Total$14,188.28$3,683.08$17,871.36
254Jan 2041$1,215.86$273.42$1,489.28$62,002.80
255Feb 2041$1,221.12$268.16$1,489.28$60,781.68
256Mar 2041$1,226.40$262.88$1,489.28$59,555.28
257Apr 2041$1,231.70$257.58$1,489.28$58,323.58
258May 2041$1,237.03$252.25$1,489.28$57,086.55
259Jun 2041$1,242.38$246.90$1,489.28$55,844.17
260Jul 2041$1,247.75$241.53$1,489.28$54,596.42
261Aug 2041$1,253.15$236.13$1,489.28$53,343.27
262Sep 2041$1,258.57$230.71$1,489.28$52,084.70
263Oct 2041$1,264.01$225.27$1,489.28$50,820.69
264Nov 2041$1,269.48$219.80$1,489.28$49,551.21
265Dec 2041$1,274.97$214.31$1,489.28$48,276.24
2041 Total$14,942.42$2,928.94$17,871.36
266Jan 2042$1,280.49$208.79$1,489.28$46,995.75
267Feb 2042$1,286.02$203.26$1,489.28$45,709.73
268Mar 2042$1,291.59$197.69$1,489.28$44,418.14
269Apr 2042$1,297.17$192.11$1,489.28$43,120.97
270May 2042$1,302.78$186.50$1,489.28$41,818.19
271Jun 2042$1,308.42$180.86$1,489.28$40,509.77
272Jul 2042$1,314.08$175.20$1,489.28$39,195.69
273Aug 2042$1,319.76$169.52$1,489.28$37,875.93
274Sep 2042$1,325.47$163.81$1,489.28$36,550.46
275Oct 2042$1,331.20$158.08$1,489.28$35,219.26
276Nov 2042$1,336.96$152.32$1,489.28$33,882.30
277Dec 2042$1,342.74$146.54$1,489.28$32,539.56
2042 Total$15,736.68$2,134.68$17,871.36
278Jan 2043$1,348.55$140.73$1,489.28$31,191.01
279Feb 2043$1,354.38$134.90$1,489.28$29,836.63
280Mar 2043$1,360.24$129.04$1,489.28$28,476.39
281Apr 2043$1,366.12$123.16$1,489.28$27,110.27
282May 2043$1,372.03$117.25$1,489.28$25,738.24
283Jun 2043$1,377.96$111.32$1,489.28$24,360.28
284Jul 2043$1,383.92$105.36$1,489.28$22,976.36
285Aug 2043$1,389.91$99.37$1,489.28$21,586.45
286Sep 2043$1,395.92$93.36$1,489.28$20,190.53
287Oct 2043$1,401.96$87.32$1,489.28$18,788.57
288Nov 2043$1,408.02$81.26$1,489.28$17,380.55
289Dec 2043$1,414.11$75.17$1,489.28$15,966.44
2043 Total$16,573.12$1,298.24$17,871.36
290Jan 2044$1,420.23$69.05$1,489.28$14,546.21
291Feb 2044$1,426.37$62.91$1,489.28$13,119.84
292Mar 2044$1,432.54$56.74$1,489.28$11,687.30
293Apr 2044$1,438.73$50.55$1,489.28$10,248.57
294May 2044$1,444.95$44.33$1,489.28$8,803.62
295Jun 2044$1,451.20$38.08$1,489.28$7,352.42
296Jul 2044$1,457.48$31.80$1,489.28$5,894.94
297Aug 2044$1,463.78$25.50$1,489.28$4,431.16
298Sep 2044$1,470.12$19.16$1,489.28$2,961.04
299Oct 2044$1,476.47$12.81$1,489.28$1,484.57
300Nov 2044$1,482.86$6.42$1,489.28$1.71
2044 Total$15,964.73$417.35$16,382.08
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