Low Rate Essentials Investment Loan (Interest Only) (LVR < 80%) from Gateway Bank

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.
Borrow amount
$250,000
Advertised rate
3.72%
Variable
Loan term
over 25 years
Repayment Frequency
Monthly
Monthly repayment
$775
Number of Repayments
300
Total Interest Paid
$-17,500
Total repayments
$232,500
DatePrincipleInterestPaymentBalance
1Oct 2019$506.25$775.00$1,281.25$249,493.75
2Nov 2019$507.82$773.43$1,281.25$248,985.93
3Dec 2019$509.39$771.86$1,281.25$248,476.54
2019 Total$1,523.46$2,320.29$3,843.75
4Jan 2020$510.97$770.28$1,281.25$247,965.57
5Feb 2020$512.56$768.69$1,281.25$247,453.01
6Mar 2020$514.15$767.10$1,281.25$246,938.86
7Apr 2020$515.74$765.51$1,281.25$246,423.12
8May 2020$517.34$763.91$1,281.25$245,905.78
9Jun 2020$518.94$762.31$1,281.25$245,386.84
10Jul 2020$520.55$760.70$1,281.25$244,866.29
11Aug 2020$522.16$759.09$1,281.25$244,344.13
12Sep 2020$523.78$757.47$1,281.25$243,820.35
13Oct 2020$525.41$755.84$1,281.25$243,294.94
14Nov 2020$527.04$754.21$1,281.25$242,767.90
15Dec 2020$528.67$752.58$1,281.25$242,239.23
2020 Total$6,237.31$9,137.69$15,375
16Jan 2021$530.31$750.94$1,281.25$241,708.92
17Feb 2021$531.95$749.30$1,281.25$241,176.97
18Mar 2021$533.60$747.65$1,281.25$240,643.37
19Apr 2021$535.26$745.99$1,281.25$240,108.11
20May 2021$536.91$744.34$1,281.25$239,571.20
21Jun 2021$538.58$742.67$1,281.25$239,032.62
22Jul 2021$540.25$741.00$1,281.25$238,492.37
23Aug 2021$541.92$739.33$1,281.25$237,950.45
24Sep 2021$543.60$737.65$1,281.25$237,406.85
25Oct 2021$545.29$735.96$1,281.25$236,861.56
26Nov 2021$546.98$734.27$1,281.25$236,314.58
27Dec 2021$548.67$732.58$1,281.25$235,765.91
2021 Total$6,473.32$8,901.68$15,375
28Jan 2022$550.38$730.87$1,281.25$235,215.53
29Feb 2022$552.08$729.17$1,281.25$234,663.45
30Mar 2022$553.79$727.46$1,281.25$234,109.66
31Apr 2022$555.51$725.74$1,281.25$233,554.15
32May 2022$557.23$724.02$1,281.25$232,996.92
33Jun 2022$558.96$722.29$1,281.25$232,437.96
34Jul 2022$560.69$720.56$1,281.25$231,877.27
35Aug 2022$562.43$718.82$1,281.25$231,314.84
36Sep 2022$564.17$717.08$1,281.25$230,750.67
37Oct 2022$565.92$715.33$1,281.25$230,184.75
38Nov 2022$567.68$713.57$1,281.25$229,617.07
39Dec 2022$569.44$711.81$1,281.25$229,047.63
2022 Total$6,718.28$8,656.72$15,375
40Jan 2023$571.20$710.05$1,281.25$228,476.43
41Feb 2023$572.97$708.28$1,281.25$227,903.46
42Mar 2023$574.75$706.50$1,281.25$227,328.71
43Apr 2023$576.53$704.72$1,281.25$226,752.18
44May 2023$578.32$702.93$1,281.25$226,173.86
45Jun 2023$580.11$701.14$1,281.25$225,593.75
46Jul 2023$581.91$699.34$1,281.25$225,011.84
47Aug 2023$583.71$697.54$1,281.25$224,428.13
48Sep 2023$585.52$695.73$1,281.25$223,842.61
49Oct 2023$587.34$693.91$1,281.25$223,255.27
50Nov 2023$589.16$692.09$1,281.25$222,666.11
51Dec 2023$590.99$690.26$1,281.25$222,075.12
2023 Total$6,972.51$8,402.49$15,375
52Jan 2024$592.82$688.43$1,281.25$221,482.30
53Feb 2024$594.65$686.60$1,281.25$220,887.65
54Mar 2024$596.50$684.75$1,281.25$220,291.15
55Apr 2024$598.35$682.90$1,281.25$219,692.80
56May 2024$600.20$681.05$1,281.25$219,092.60
57Jun 2024$602.06$679.19$1,281.25$218,490.54
58Jul 2024$603.93$677.32$1,281.25$217,886.61
59Aug 2024$605.80$675.45$1,281.25$217,280.81
60Sep 2024$607.68$673.57$1,281.25$216,673.13
61Oct 2024$609.56$671.69$1,281.25$216,063.57
62Nov 2024$611.45$669.80$1,281.25$215,452.12
63Dec 2024$613.35$667.90$1,281.25$214,838.77
2024 Total$7,236.35$8,138.65$15,375
64Jan 2025$615.25$666.00$1,281.25$214,223.52
65Feb 2025$617.16$664.09$1,281.25$213,606.36
66Mar 2025$619.07$662.18$1,281.25$212,987.29
67Apr 2025$620.99$660.26$1,281.25$212,366.30
68May 2025$622.91$658.34$1,281.25$211,743.39
69Jun 2025$624.85$656.40$1,281.25$211,118.54
70Jul 2025$626.78$654.47$1,281.25$210,491.76
71Aug 2025$628.73$652.52$1,281.25$209,863.03
72Sep 2025$630.67$650.58$1,281.25$209,232.36
73Oct 2025$632.63$648.62$1,281.25$208,599.73
74Nov 2025$634.59$646.66$1,281.25$207,965.14
75Dec 2025$636.56$644.69$1,281.25$207,328.58
2025 Total$7,510.19$7,864.81$15,375
76Jan 2026$638.53$642.72$1,281.25$206,690.05
77Feb 2026$640.51$640.74$1,281.25$206,049.54
78Mar 2026$642.50$638.75$1,281.25$205,407.04
79Apr 2026$644.49$636.76$1,281.25$204,762.55
80May 2026$646.49$634.76$1,281.25$204,116.06
81Jun 2026$648.49$632.76$1,281.25$203,467.57
82Jul 2026$650.50$630.75$1,281.25$202,817.07
83Aug 2026$652.52$628.73$1,281.25$202,164.55
84Sep 2026$654.54$626.71$1,281.25$201,510.01
85Oct 2026$656.57$624.68$1,281.25$200,853.44
86Nov 2026$658.60$622.65$1,281.25$200,194.84
87Dec 2026$660.65$620.60$1,281.25$199,534.19
2026 Total$7,794.39$7,580.61$15,375
88Jan 2027$662.69$618.56$1,281.25$198,871.50
89Feb 2027$664.75$616.50$1,281.25$198,206.75
90Mar 2027$666.81$614.44$1,281.25$197,539.94
91Apr 2027$668.88$612.37$1,281.25$196,871.06
92May 2027$670.95$610.30$1,281.25$196,200.11
93Jun 2027$673.03$608.22$1,281.25$195,527.08
94Jul 2027$675.12$606.13$1,281.25$194,851.96
95Aug 2027$677.21$604.04$1,281.25$194,174.75
96Sep 2027$679.31$601.94$1,281.25$193,495.44
97Oct 2027$681.41$599.84$1,281.25$192,814.03
98Nov 2027$683.53$597.72$1,281.25$192,130.50
99Dec 2027$685.65$595.60$1,281.25$191,444.85
2027 Total$8,089.34$7,285.66$15,375
100Jan 2028$687.77$593.48$1,281.25$190,757.08
101Feb 2028$689.90$591.35$1,281.25$190,067.18
102Mar 2028$692.04$589.21$1,281.25$189,375.14
103Apr 2028$694.19$587.06$1,281.25$188,680.95
104May 2028$696.34$584.91$1,281.25$187,984.61
105Jun 2028$698.50$582.75$1,281.25$187,286.11
106Jul 2028$700.66$580.59$1,281.25$186,585.45
107Aug 2028$702.84$578.41$1,281.25$185,882.61
108Sep 2028$705.01$576.24$1,281.25$185,177.60
109Oct 2028$707.20$574.05$1,281.25$184,470.40
110Nov 2028$709.39$571.86$1,281.25$183,761.01
111Dec 2028$711.59$569.66$1,281.25$183,049.42
2028 Total$8,395.43$6,979.57$15,375
112Jan 2029$713.80$567.45$1,281.25$182,335.62
113Feb 2029$716.01$565.24$1,281.25$181,619.61
114Mar 2029$718.23$563.02$1,281.25$180,901.38
115Apr 2029$720.46$560.79$1,281.25$180,180.92
116May 2029$722.69$558.56$1,281.25$179,458.23
117Jun 2029$724.93$556.32$1,281.25$178,733.30
118Jul 2029$727.18$554.07$1,281.25$178,006.12
119Aug 2029$729.43$551.82$1,281.25$177,276.69
120Sep 2029$731.69$549.56$1,281.25$176,545.00
121Oct 2029$733.96$547.29$1,281.25$175,811.04
122Nov 2029$736.24$545.01$1,281.25$175,074.80
123Dec 2029$738.52$542.73$1,281.25$174,336.28
2029 Total$8,713.14$6,661.86$15,375
124Jan 2030$740.81$540.44$1,281.25$173,595.47
125Feb 2030$743.10$538.15$1,281.25$172,852.37
126Mar 2030$745.41$535.84$1,281.25$172,106.96
127Apr 2030$747.72$533.53$1,281.25$171,359.24
128May 2030$750.04$531.21$1,281.25$170,609.20
129Jun 2030$752.36$528.89$1,281.25$169,856.84
130Jul 2030$754.69$526.56$1,281.25$169,102.15
131Aug 2030$757.03$524.22$1,281.25$168,345.12
132Sep 2030$759.38$521.87$1,281.25$167,585.74
133Oct 2030$761.73$519.52$1,281.25$166,824.01
134Nov 2030$764.10$517.15$1,281.25$166,059.91
135Dec 2030$766.46$514.79$1,281.25$165,293.45
2030 Total$9,042.83$6,332.17$15,375
136Jan 2031$768.84$512.41$1,281.25$164,524.61
137Feb 2031$771.22$510.03$1,281.25$163,753.39
138Mar 2031$773.61$507.64$1,281.25$162,979.78
139Apr 2031$776.01$505.24$1,281.25$162,203.77
140May 2031$778.42$502.83$1,281.25$161,425.35
141Jun 2031$780.83$500.42$1,281.25$160,644.52
142Jul 2031$783.25$498.00$1,281.25$159,861.27
143Aug 2031$785.68$495.57$1,281.25$159,075.59
144Sep 2031$788.12$493.13$1,281.25$158,287.47
145Oct 2031$790.56$490.69$1,281.25$157,496.91
146Nov 2031$793.01$488.24$1,281.25$156,703.90
147Dec 2031$795.47$485.78$1,281.25$155,908.43
2031 Total$9,385.02$5,989.98$15,375
148Jan 2032$797.93$483.32$1,281.25$155,110.50
149Feb 2032$800.41$480.84$1,281.25$154,310.09
150Mar 2032$802.89$478.36$1,281.25$153,507.20
151Apr 2032$805.38$475.87$1,281.25$152,701.82
152May 2032$807.87$473.38$1,281.25$151,893.95
153Jun 2032$810.38$470.87$1,281.25$151,083.57
154Jul 2032$812.89$468.36$1,281.25$150,270.68
155Aug 2032$815.41$465.84$1,281.25$149,455.27
156Sep 2032$817.94$463.31$1,281.25$148,637.33
157Oct 2032$820.47$460.78$1,281.25$147,816.86
158Nov 2032$823.02$458.23$1,281.25$146,993.84
159Dec 2032$825.57$455.68$1,281.25$146,168.27
2032 Total$9,740.16$5,634.84$15,375
160Jan 2033$828.13$453.12$1,281.25$145,340.14
161Feb 2033$830.70$450.55$1,281.25$144,509.44
162Mar 2033$833.27$447.98$1,281.25$143,676.17
163Apr 2033$835.85$445.40$1,281.25$142,840.32
164May 2033$838.45$442.80$1,281.25$142,001.87
165Jun 2033$841.04$440.21$1,281.25$141,160.83
166Jul 2033$843.65$437.60$1,281.25$140,317.18
167Aug 2033$846.27$434.98$1,281.25$139,470.91
168Sep 2033$848.89$432.36$1,281.25$138,622.02
169Oct 2033$851.52$429.73$1,281.25$137,770.50
170Nov 2033$854.16$427.09$1,281.25$136,916.34
171Dec 2033$856.81$424.44$1,281.25$136,059.53
2033 Total$10,108.74$5,266.26$15,375
172Jan 2034$859.47$421.78$1,281.25$135,200.06
173Feb 2034$862.13$419.12$1,281.25$134,337.93
174Mar 2034$864.80$416.45$1,281.25$133,473.13
175Apr 2034$867.48$413.77$1,281.25$132,605.65
176May 2034$870.17$411.08$1,281.25$131,735.48
177Jun 2034$872.87$408.38$1,281.25$130,862.61
178Jul 2034$875.58$405.67$1,281.25$129,987.03
179Aug 2034$878.29$402.96$1,281.25$129,108.74
180Sep 2034$881.01$400.24$1,281.25$128,227.73
181Oct 2034$883.74$397.51$1,281.25$127,343.99
182Nov 2034$886.48$394.77$1,281.25$126,457.51
183Dec 2034$889.23$392.02$1,281.25$125,568.28
2034 Total$10,491.25$4,883.75$15,375
184Jan 2035$891.99$389.26$1,281.25$124,676.29
185Feb 2035$894.75$386.50$1,281.25$123,781.54
186Mar 2035$897.53$383.72$1,281.25$122,884.01
187Apr 2035$900.31$380.94$1,281.25$121,983.70
188May 2035$903.10$378.15$1,281.25$121,080.60
189Jun 2035$905.90$375.35$1,281.25$120,174.70
190Jul 2035$908.71$372.54$1,281.25$119,265.99
191Aug 2035$911.53$369.72$1,281.25$118,354.46
192Sep 2035$914.35$366.90$1,281.25$117,440.11
193Oct 2035$917.19$364.06$1,281.25$116,522.92
194Nov 2035$920.03$361.22$1,281.25$115,602.89
195Dec 2035$922.88$358.37$1,281.25$114,680.01
2035 Total$10,888.27$4,486.73$15,375
196Jan 2036$925.74$355.51$1,281.25$113,754.27
197Feb 2036$928.61$352.64$1,281.25$112,825.66
198Mar 2036$931.49$349.76$1,281.25$111,894.17
199Apr 2036$934.38$346.87$1,281.25$110,959.79
200May 2036$937.27$343.98$1,281.25$110,022.52
201Jun 2036$940.18$341.07$1,281.25$109,082.34
202Jul 2036$943.09$338.16$1,281.25$108,139.25
203Aug 2036$946.02$335.23$1,281.25$107,193.23
204Sep 2036$948.95$332.30$1,281.25$106,244.28
205Oct 2036$951.89$329.36$1,281.25$105,292.39
206Nov 2036$954.84$326.41$1,281.25$104,337.55
207Dec 2036$957.80$323.45$1,281.25$103,379.75
2036 Total$11,300.26$4,074.74$15,375
208Jan 2037$960.77$320.48$1,281.25$102,418.98
209Feb 2037$963.75$317.50$1,281.25$101,455.23
210Mar 2037$966.74$314.51$1,281.25$100,488.49
211Apr 2037$969.74$311.51$1,281.25$99,518.75
212May 2037$972.74$308.51$1,281.25$98,546.01
213Jun 2037$975.76$305.49$1,281.25$97,570.25
214Jul 2037$978.78$302.47$1,281.25$96,591.47
215Aug 2037$981.82$299.43$1,281.25$95,609.65
216Sep 2037$984.86$296.39$1,281.25$94,624.79
217Oct 2037$987.91$293.34$1,281.25$93,636.88
218Nov 2037$990.98$290.27$1,281.25$92,645.90
219Dec 2037$994.05$287.20$1,281.25$91,651.85
2037 Total$11,727.9$3,647.1$15,375
220Jan 2038$997.13$284.12$1,281.25$90,654.72
221Feb 2038$1,000.22$281.03$1,281.25$89,654.50
222Mar 2038$1,003.32$277.93$1,281.25$88,651.18
223Apr 2038$1,006.43$274.82$1,281.25$87,644.75
224May 2038$1,009.55$271.70$1,281.25$86,635.20
225Jun 2038$1,012.68$268.57$1,281.25$85,622.52
226Jul 2038$1,015.82$265.43$1,281.25$84,606.70
227Aug 2038$1,018.97$262.28$1,281.25$83,587.73
228Sep 2038$1,022.13$259.12$1,281.25$82,565.60
229Oct 2038$1,025.30$255.95$1,281.25$81,540.30
230Nov 2038$1,028.48$252.77$1,281.25$80,511.82
231Dec 2038$1,031.66$249.59$1,281.25$79,480.16
2038 Total$12,171.69$3,203.31$15,375
232Jan 2039$1,034.86$246.39$1,281.25$78,445.30
233Feb 2039$1,038.07$243.18$1,281.25$77,407.23
234Mar 2039$1,041.29$239.96$1,281.25$76,365.94
235Apr 2039$1,044.52$236.73$1,281.25$75,321.42
236May 2039$1,047.75$233.50$1,281.25$74,273.67
237Jun 2039$1,051.00$230.25$1,281.25$73,222.67
238Jul 2039$1,054.26$226.99$1,281.25$72,168.41
239Aug 2039$1,057.53$223.72$1,281.25$71,110.88
240Sep 2039$1,060.81$220.44$1,281.25$70,050.07
241Oct 2039$1,064.09$217.16$1,281.25$68,985.98
242Nov 2039$1,067.39$213.86$1,281.25$67,918.59
243Dec 2039$1,070.70$210.55$1,281.25$66,847.89
2039 Total$12,632.27$2,742.73$15,375
244Jan 2040$1,074.02$207.23$1,281.25$65,773.87
245Feb 2040$1,077.35$203.90$1,281.25$64,696.52
246Mar 2040$1,080.69$200.56$1,281.25$63,615.83
247Apr 2040$1,084.04$197.21$1,281.25$62,531.79
248May 2040$1,087.40$193.85$1,281.25$61,444.39
249Jun 2040$1,090.77$190.48$1,281.25$60,353.62
250Jul 2040$1,094.15$187.10$1,281.25$59,259.47
251Aug 2040$1,097.55$183.70$1,281.25$58,161.92
252Sep 2040$1,100.95$180.30$1,281.25$57,060.97
253Oct 2040$1,104.36$176.89$1,281.25$55,956.61
254Nov 2040$1,107.78$173.47$1,281.25$54,848.83
255Dec 2040$1,111.22$170.03$1,281.25$53,737.61
2040 Total$13,110.28$2,264.72$15,375
256Jan 2041$1,114.66$166.59$1,281.25$52,622.95
257Feb 2041$1,118.12$163.13$1,281.25$51,504.83
258Mar 2041$1,121.59$159.66$1,281.25$50,383.24
259Apr 2041$1,125.06$156.19$1,281.25$49,258.18
260May 2041$1,128.55$152.70$1,281.25$48,129.63
261Jun 2041$1,132.05$149.20$1,281.25$46,997.58
262Jul 2041$1,135.56$145.69$1,281.25$45,862.02
263Aug 2041$1,139.08$142.17$1,281.25$44,722.94
264Sep 2041$1,142.61$138.64$1,281.25$43,580.33
265Oct 2041$1,146.15$135.10$1,281.25$42,434.18
266Nov 2041$1,149.70$131.55$1,281.25$41,284.48
267Dec 2041$1,153.27$127.98$1,281.25$40,131.21
2041 Total$13,606.4$1,768.6$15,375
268Jan 2042$1,156.84$124.41$1,281.25$38,974.37
269Feb 2042$1,160.43$120.82$1,281.25$37,813.94
270Mar 2042$1,164.03$117.22$1,281.25$36,649.91
271Apr 2042$1,167.64$113.61$1,281.25$35,482.27
272May 2042$1,171.25$110.00$1,281.25$34,311.02
273Jun 2042$1,174.89$106.36$1,281.25$33,136.13
274Jul 2042$1,178.53$102.72$1,281.25$31,957.60
275Aug 2042$1,182.18$99.07$1,281.25$30,775.42
276Sep 2042$1,185.85$95.40$1,281.25$29,589.57
277Oct 2042$1,189.52$91.73$1,281.25$28,400.05
278Nov 2042$1,193.21$88.04$1,281.25$27,206.84
279Dec 2042$1,196.91$84.34$1,281.25$26,009.93
2042 Total$14,121.28$1,253.72$15,375
280Jan 2043$1,200.62$80.63$1,281.25$24,809.31
281Feb 2043$1,204.34$76.91$1,281.25$23,604.97
282Mar 2043$1,208.07$73.18$1,281.25$22,396.90
283Apr 2043$1,211.82$69.43$1,281.25$21,185.08
284May 2043$1,215.58$65.67$1,281.25$19,969.50
285Jun 2043$1,219.34$61.91$1,281.25$18,750.16
286Jul 2043$1,223.12$58.13$1,281.25$17,527.04
287Aug 2043$1,226.92$54.33$1,281.25$16,300.12
288Sep 2043$1,230.72$50.53$1,281.25$15,069.40
289Oct 2043$1,234.53$46.72$1,281.25$13,834.87
290Nov 2043$1,238.36$42.89$1,281.25$12,596.51
291Dec 2043$1,242.20$39.05$1,281.25$11,354.31
2043 Total$14,655.62$719.38$15,375
292Jan 2044$1,246.05$35.20$1,281.25$10,108.26
293Feb 2044$1,249.91$31.34$1,281.25$8,858.35
294Mar 2044$1,253.79$27.46$1,281.25$7,604.56
295Apr 2044$1,257.68$23.57$1,281.25$6,346.88
296May 2044$1,261.57$19.68$1,281.25$5,085.31
297Jun 2044$1,265.49$15.76$1,281.25$3,819.82
298Jul 2044$1,269.41$11.84$1,281.25$2,550.41
299Aug 2044$1,273.34$7.91$1,281.25$1,277.07
300Sep 2044$1,277.07$3.96$1,281.03$0.00
2044 Total$11,354.31$176.72$11,531.03
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