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
1Feb 2021$492.28$135.83$628.11$19,507.72
2Mar 2021$495.62$132.49$628.11$19,012.10
3Apr 2021$498.99$129.12$628.11$18,513.11
4May 2021$502.38$125.73$628.11$18,010.73
5Jun 2021$505.79$122.32$628.11$17,504.94
6Jul 2021$509.22$118.89$628.11$16,995.72
7Aug 2021$512.68$115.43$628.11$16,483.04
8Sep 2021$516.16$111.95$628.11$15,966.88
9Oct 2021$519.67$108.44$628.11$15,447.21
10Nov 2021$523.20$104.91$628.11$14,924.01
11Dec 2021$526.75$101.36$628.11$14,397.26
2021 Total$5,602.74$1,306.47$6,909.21
12Jan 2022$530.33$97.78$628.11$13,866.93
13Feb 2022$533.93$94.18$628.11$13,333.00
14Mar 2022$537.56$90.55$628.11$12,795.44
15Apr 2022$541.21$86.90$628.11$12,254.23
16May 2022$544.88$83.23$628.11$11,709.35
17Jun 2022$548.58$79.53$628.11$11,160.77
18Jul 2022$552.31$75.80$628.11$10,608.46
19Aug 2022$556.06$72.05$628.11$10,052.40
20Sep 2022$559.84$68.27$628.11$9,492.56
21Oct 2022$563.64$64.47$628.11$8,928.92
22Nov 2022$567.47$60.64$628.11$8,361.45
23Dec 2022$571.32$56.79$628.11$7,790.13
2022 Total$6,607.13$930.19$7,537.32
24Jan 2023$575.20$52.91$628.11$7,214.93
25Feb 2023$579.11$49.00$628.11$6,635.82
26Mar 2023$583.04$45.07$628.11$6,052.78
27Apr 2023$587.00$41.11$628.11$5,465.78
28May 2023$590.99$37.12$628.11$4,874.79
29Jun 2023$595.00$33.11$628.11$4,279.79
30Jul 2023$599.04$29.07$628.11$3,680.75
31Aug 2023$603.11$25.00$628.11$3,077.64
32Sep 2023$607.21$20.90$628.11$2,470.43
33Oct 2023$611.33$16.78$628.11$1,859.10
34Nov 2023$615.48$12.63$628.11$1,243.62
35Dec 2023$619.66$8.45$628.11$623.96
2023 Total$7,166.17$371.15$7,537.32
36Jan 2024$623.87$4.24$628.11$0.09
2023 Total$623.87$4.24$628.11