Borrow amount
$20k
Advertised Rate

6.25%

Variable

Loan term

1 year to 7 years

GMCU
Repayment frequency
Monthly
Monthly repayment

$611

36 months

Number of repayments
36
Total interest paid
$2k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Nov 2020$506.54$104.17$610.71$19,493.46
2Dec 2020$509.18$101.53$610.71$18,984.28
2020 Total$1,015.72$205.7$1,221.42
3Jan 2021$511.83$98.88$610.71$18,472.45
4Feb 2021$514.50$96.21$610.71$17,957.95
5Mar 2021$517.18$93.53$610.71$17,440.77
6Apr 2021$519.87$90.84$610.71$16,920.90
7May 2021$522.58$88.13$610.71$16,398.32
8Jun 2021$525.30$85.41$610.71$15,873.02
9Jul 2021$528.04$82.67$610.71$15,344.98
10Aug 2021$530.79$79.92$610.71$14,814.19
11Sep 2021$533.55$77.16$610.71$14,280.64
12Oct 2021$536.33$74.38$610.71$13,744.31
13Nov 2021$539.13$71.58$610.71$13,205.18
14Dec 2021$541.93$68.78$610.71$12,663.25
2021 Total$6,321.03$1,007.49$7,328.52
15Jan 2022$544.76$65.95$610.71$12,118.49
16Feb 2022$547.59$63.12$610.71$11,570.90
17Mar 2022$550.44$60.27$610.71$11,020.46
18Apr 2022$553.31$57.40$610.71$10,467.15
19May 2022$556.19$54.52$610.71$9,910.96
20Jun 2022$559.09$51.62$610.71$9,351.87
21Jul 2022$562.00$48.71$610.71$8,789.87
22Aug 2022$564.93$45.78$610.71$8,224.94
23Sep 2022$567.87$42.84$610.71$7,657.07
24Oct 2022$570.83$39.88$610.71$7,086.24
25Nov 2022$573.80$36.91$610.71$6,512.44
26Dec 2022$576.79$33.92$610.71$5,935.65
2022 Total$6,727.6$600.92$7,328.52
27Jan 2023$579.80$30.91$610.71$5,355.85
28Feb 2023$582.81$27.90$610.71$4,773.04
29Mar 2023$585.85$24.86$610.71$4,187.19
30Apr 2023$588.90$21.81$610.71$3,598.29
31May 2023$591.97$18.74$610.71$3,006.32
32Jun 2023$595.05$15.66$610.71$2,411.27
33Jul 2023$598.15$12.56$610.71$1,813.12
34Aug 2023$601.27$9.44$610.71$1,211.85
35Sep 2023$604.40$6.31$610.71$607.45
36Oct 2023$607.45$3.16$610.61$0.00
2023 Total$5,935.65$171.35$6,107