RateCity.com.au
powering smart financial decisions
Borrow amount
$20k
Advertised Rate

5.11

% p.a

Variable

Loan term

1 year to 7 years

Repayment frequency
Monthly
Monthly repayment

$600

36 months

Number of repayments
36
Total interest paid
$1.6k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Dec 2021$515.24$85.17$600.41$19,484.76
2021 Total$515.24$85.17$600.41
2Jan 2022$517.44$82.97$600.41$18,967.32
3Feb 2022$519.64$80.77$600.41$18,447.68
4Mar 2022$521.85$78.56$600.41$17,925.83
5Apr 2022$524.08$76.33$600.41$17,401.75
6May 2022$526.31$74.10$600.41$16,875.44
7Jun 2022$528.55$71.86$600.41$16,346.89
8Jul 2022$530.80$69.61$600.41$15,816.09
9Aug 2022$533.06$67.35$600.41$15,283.03
10Sep 2022$535.33$65.08$600.41$14,747.70
11Oct 2022$537.61$62.80$600.41$14,210.09
12Nov 2022$539.90$60.51$600.41$13,670.19
13Dec 2022$542.20$58.21$600.41$13,127.99
2022 Total$6,356.77$848.15$7,204.92
14Jan 2023$544.51$55.90$600.41$12,583.48
15Feb 2023$546.83$53.58$600.41$12,036.65
16Mar 2023$549.15$51.26$600.41$11,487.50
17Apr 2023$551.49$48.92$600.41$10,936.01
18May 2023$553.84$46.57$600.41$10,382.17
19Jun 2023$556.20$44.21$600.41$9,825.97
20Jul 2023$558.57$41.84$600.41$9,267.40
21Aug 2023$560.95$39.46$600.41$8,706.45
22Sep 2023$563.34$37.07$600.41$8,143.11
23Oct 2023$565.73$34.68$600.41$7,577.38
24Nov 2023$568.14$32.27$600.41$7,009.24
25Dec 2023$570.56$29.85$600.41$6,438.68
2023 Total$6,689.31$515.61$7,204.92
26Jan 2024$572.99$27.42$600.41$5,865.69
27Feb 2024$575.43$24.98$600.41$5,290.26
28Mar 2024$577.88$22.53$600.41$4,712.38
29Apr 2024$580.34$20.07$600.41$4,132.04
30May 2024$582.81$17.60$600.41$3,549.23
31Jun 2024$585.30$15.11$600.41$2,963.93
32Jul 2024$587.79$12.62$600.41$2,376.14
33Aug 2024$590.29$10.12$600.41$1,785.85
34Sep 2024$592.81$7.60$600.41$1,193.04
35Oct 2024$595.33$5.08$600.41$597.71
36Nov 2024$597.71$2.55$600.26$0.00
2024 Total$6,438.68$165.68$6,604.36