Borrow amount
$20k
Advertised Rate

11.00%

p.a Variable

Loan term

0 year to 5 years

Horizon Bank
Repayment frequency
Monthly
Monthly repayment

$655

36 months

Number of repayments
36
Total interest paid
$3.6k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1May 2021$471.44$183.33$654.77$19,528.56
2Jun 2021$475.76$179.01$654.77$19,052.80
3Jul 2021$480.12$174.65$654.77$18,572.68
4Aug 2021$484.52$170.25$654.77$18,088.16
5Sep 2021$488.96$165.81$654.77$17,599.20
6Oct 2021$493.44$161.33$654.77$17,105.76
7Nov 2021$497.97$156.80$654.77$16,607.79
8Dec 2021$502.53$152.24$654.77$16,105.26
2021 Total$3,894.74$1,343.42$5,238.16
9Jan 2022$507.14$147.63$654.77$15,598.12
10Feb 2022$511.79$142.98$654.77$15,086.33
11Mar 2022$516.48$138.29$654.77$14,569.85
12Apr 2022$521.21$133.56$654.77$14,048.64
13May 2022$525.99$128.78$654.77$13,522.65
14Jun 2022$530.81$123.96$654.77$12,991.84
15Jul 2022$535.68$119.09$654.77$12,456.16
16Aug 2022$540.59$114.18$654.77$11,915.57
17Sep 2022$545.54$109.23$654.77$11,370.03
18Oct 2022$550.54$104.23$654.77$10,819.49
19Nov 2022$555.59$99.18$654.77$10,263.90
20Dec 2022$560.68$94.09$654.77$9,703.22
2022 Total$6,402.04$1,455.2$7,857.24
21Jan 2023$565.82$88.95$654.77$9,137.40
22Feb 2023$571.01$83.76$654.77$8,566.39
23Mar 2023$576.24$78.53$654.77$7,990.15
24Apr 2023$581.53$73.24$654.77$7,408.62
25May 2023$586.86$67.91$654.77$6,821.76
26Jun 2023$592.24$62.53$654.77$6,229.52
27Jul 2023$597.67$57.10$654.77$5,631.85
28Aug 2023$603.14$51.63$654.77$5,028.71
29Sep 2023$608.67$46.10$654.77$4,420.04
30Oct 2023$614.25$40.52$654.77$3,805.79
31Nov 2023$619.88$34.89$654.77$3,185.91
32Dec 2023$625.57$29.20$654.77$2,560.34
2023 Total$7,142.88$714.36$7,857.24
33Jan 2024$631.30$23.47$654.77$1,929.04
34Feb 2024$637.09$17.68$654.77$1,291.95
35Mar 2024$642.93$11.84$654.77$649.02
36Apr 2024$648.82$5.95$654.77$0.20
2024 Total$2,560.14$58.94$2,619.08