Borrow amount
$20k
Advertised Rate

11.49%

Fixed up to 17.4%

Loan term

1 year to 5 years

Bank of Melbourne
Repayment frequency
Monthly
Monthly repayment

$659

36 months

Number of repayments
36
Total interest paid
$3.7k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Nov 2020$467.93$191.50$659.43$19,532.07
2Dec 2020$472.41$187.02$659.43$19,059.66
2020 Total$940.34$378.52$1,318.86
3Jan 2021$476.93$182.50$659.43$18,582.73
4Feb 2021$481.50$177.93$659.43$18,101.23
5Mar 2021$486.11$173.32$659.43$17,615.12
6Apr 2021$490.77$168.66$659.43$17,124.35
7May 2021$495.46$163.97$659.43$16,628.89
8Jun 2021$500.21$159.22$659.43$16,128.68
9Jul 2021$505.00$154.43$659.43$15,623.68
10Aug 2021$509.83$149.60$659.43$15,113.85
11Sep 2021$514.71$144.72$659.43$14,599.14
12Oct 2021$519.64$139.79$659.43$14,079.50
13Nov 2021$524.62$134.81$659.43$13,554.88
14Dec 2021$529.64$129.79$659.43$13,025.24
2021 Total$6,034.42$1,878.74$7,913.16
15Jan 2022$534.71$124.72$659.43$12,490.53
16Feb 2022$539.83$119.60$659.43$11,950.70
17Mar 2022$545.00$114.43$659.43$11,405.70
18Apr 2022$550.22$109.21$659.43$10,855.48
19May 2022$555.49$103.94$659.43$10,299.99
20Jun 2022$560.81$98.62$659.43$9,739.18
21Jul 2022$566.18$93.25$659.43$9,173.00
22Aug 2022$571.60$87.83$659.43$8,601.40
23Sep 2022$577.07$82.36$659.43$8,024.33
24Oct 2022$582.60$76.83$659.43$7,441.73
25Nov 2022$588.18$71.25$659.43$6,853.55
26Dec 2022$593.81$65.62$659.43$6,259.74
2022 Total$6,765.5$1,147.66$7,913.16
27Jan 2023$599.49$59.94$659.43$5,660.25
28Feb 2023$605.23$54.20$659.43$5,055.02
29Mar 2023$611.03$48.40$659.43$4,443.99
30Apr 2023$616.88$42.55$659.43$3,827.11
31May 2023$622.79$36.64$659.43$3,204.32
32Jun 2023$628.75$30.68$659.43$2,575.57
33Jul 2023$634.77$24.66$659.43$1,940.80
34Aug 2023$640.85$18.58$659.43$1,299.95
35Sep 2023$646.98$12.45$659.43$652.97
36Oct 2023$652.97$6.25$659.22$0.00
2023 Total$6,259.74$334.35$6,594.09