Borrow amount
$20k
Advertised Rate

8.15%

Fixed

Loan term

1 year to 5 years

Bank First
Repayment frequency
Monthly
Monthly repayment

$628

36 months

Number of repayments
36
Total interest paid
$2.6k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Nov 2020$492.28$135.83$628.11$19,507.72
2Dec 2020$495.62$132.49$628.11$19,012.10
2020 Total$987.9$268.32$1,256.22
3Jan 2021$498.99$129.12$628.11$18,513.11
4Feb 2021$502.38$125.73$628.11$18,010.73
5Mar 2021$505.79$122.32$628.11$17,504.94
6Apr 2021$509.22$118.89$628.11$16,995.72
7May 2021$512.68$115.43$628.11$16,483.04
8Jun 2021$516.16$111.95$628.11$15,966.88
9Jul 2021$519.67$108.44$628.11$15,447.21
10Aug 2021$523.20$104.91$628.11$14,924.01
11Sep 2021$526.75$101.36$628.11$14,397.26
12Oct 2021$530.33$97.78$628.11$13,866.93
13Nov 2021$533.93$94.18$628.11$13,333.00
14Dec 2021$537.56$90.55$628.11$12,795.44
2021 Total$6,216.66$1,320.66$7,537.32
15Jan 2022$541.21$86.90$628.11$12,254.23
16Feb 2022$544.88$83.23$628.11$11,709.35
17Mar 2022$548.58$79.53$628.11$11,160.77
18Apr 2022$552.31$75.80$628.11$10,608.46
19May 2022$556.06$72.05$628.11$10,052.40
20Jun 2022$559.84$68.27$628.11$9,492.56
21Jul 2022$563.64$64.47$628.11$8,928.92
22Aug 2022$567.47$60.64$628.11$8,361.45
23Sep 2022$571.32$56.79$628.11$7,790.13
24Oct 2022$575.20$52.91$628.11$7,214.93
25Nov 2022$579.11$49.00$628.11$6,635.82
26Dec 2022$583.04$45.07$628.11$6,052.78
2022 Total$6,742.66$794.66$7,537.32
27Jan 2023$587.00$41.11$628.11$5,465.78
28Feb 2023$590.99$37.12$628.11$4,874.79
29Mar 2023$595.00$33.11$628.11$4,279.79
30Apr 2023$599.04$29.07$628.11$3,680.75
31May 2023$603.11$25.00$628.11$3,077.64
32Jun 2023$607.21$20.90$628.11$2,470.43
33Jul 2023$611.33$16.78$628.11$1,859.10
34Aug 2023$615.48$12.63$628.11$1,243.62
35Sep 2023$619.66$8.45$628.11$623.96
36Oct 2023$623.87$4.24$628.11$0.09
2023 Total$6,052.69$228.41$6,281.1