Borrow amount
$20k
Advertised Rate

7.25%

Fixed

Loan term

1 year to 5 years

Bank First
Repayment frequency
Monthly
Monthly repayment

$620

36 months

Number of repayments
36
Total interest paid
$2.3k
Total repayments

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.

DatePrincipalInterestPaymentBalance
1Nov 2020$499.00$120.83$619.83$19,501.00
2Dec 2020$502.01$117.82$619.83$18,998.99
2020 Total$1,001.01$238.65$1,239.66
3Jan 2021$505.04$114.79$619.83$18,493.95
4Feb 2021$508.10$111.73$619.83$17,985.85
5Mar 2021$511.17$108.66$619.83$17,474.68
6Apr 2021$514.25$105.58$619.83$16,960.43
7May 2021$517.36$102.47$619.83$16,443.07
8Jun 2021$520.49$99.34$619.83$15,922.58
9Jul 2021$523.63$96.20$619.83$15,398.95
10Aug 2021$526.79$93.04$619.83$14,872.16
11Sep 2021$529.98$89.85$619.83$14,342.18
12Oct 2021$533.18$86.65$619.83$13,809.00
13Nov 2021$536.40$83.43$619.83$13,272.60
14Dec 2021$539.64$80.19$619.83$12,732.96
2021 Total$6,266.03$1,171.93$7,437.96
15Jan 2022$542.90$76.93$619.83$12,190.06
16Feb 2022$546.18$73.65$619.83$11,643.88
17Mar 2022$549.48$70.35$619.83$11,094.40
18Apr 2022$552.80$67.03$619.83$10,541.60
19May 2022$556.14$63.69$619.83$9,985.46
20Jun 2022$559.50$60.33$619.83$9,425.96
21Jul 2022$562.88$56.95$619.83$8,863.08
22Aug 2022$566.28$53.55$619.83$8,296.80
23Sep 2022$569.70$50.13$619.83$7,727.10
24Oct 2022$573.15$46.68$619.83$7,153.95
25Nov 2022$576.61$43.22$619.83$6,577.34
26Dec 2022$580.09$39.74$619.83$5,997.25
2022 Total$6,735.71$702.25$7,437.96
27Jan 2023$583.60$36.23$619.83$5,413.65
28Feb 2023$587.12$32.71$619.83$4,826.53
29Mar 2023$590.67$29.16$619.83$4,235.86
30Apr 2023$594.24$25.59$619.83$3,641.62
31May 2023$597.83$22.00$619.83$3,043.79
32Jun 2023$601.44$18.39$619.83$2,442.35
33Jul 2023$605.07$14.76$619.83$1,837.28
34Aug 2023$608.73$11.10$619.83$1,228.55
35Sep 2023$612.41$7.42$619.83$616.14
36Oct 2023$616.11$3.72$619.83$0.03
2023 Total$5,997.22$201.08$6,198.3