Borrow amount
$20k
Advertised Rate

5.99%

Variable

Loan term

0 year to 10 years

Horizon Bank
Repayment frequency
Monthly
Monthly repayment

$608

36 months

Number of repayments
36
Total interest paid
$1.9k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Dec 2020$508.52$99.83$608.35$19,491.48
2020 Total$508.52$99.83$608.35
2Jan 2021$511.06$97.29$608.35$18,980.42
3Feb 2021$513.61$94.74$608.35$18,466.81
4Mar 2021$516.17$92.18$608.35$17,950.64
5Apr 2021$518.75$89.60$608.35$17,431.89
6May 2021$521.34$87.01$608.35$16,910.55
7Jun 2021$523.94$84.41$608.35$16,386.61
8Jul 2021$526.55$81.80$608.35$15,860.06
9Aug 2021$529.18$79.17$608.35$15,330.88
10Sep 2021$531.82$76.53$608.35$14,799.06
11Oct 2021$534.48$73.87$608.35$14,264.58
12Nov 2021$537.15$71.20$608.35$13,727.43
13Dec 2021$539.83$68.52$608.35$13,187.60
2021 Total$6,303.88$996.32$7,300.2
14Jan 2022$542.52$65.83$608.35$12,645.08
15Feb 2022$545.23$63.12$608.35$12,099.85
16Mar 2022$547.95$60.40$608.35$11,551.90
17Apr 2022$550.69$57.66$608.35$11,001.21
18May 2022$553.44$54.91$608.35$10,447.77
19Jun 2022$556.20$52.15$608.35$9,891.57
20Jul 2022$558.97$49.38$608.35$9,332.60
21Aug 2022$561.76$46.59$608.35$8,770.84
22Sep 2022$564.57$43.78$608.35$8,206.27
23Oct 2022$567.39$40.96$608.35$7,638.88
24Nov 2022$570.22$38.13$608.35$7,068.66
25Dec 2022$573.07$35.28$608.35$6,495.59
2022 Total$6,692.01$608.19$7,300.2
26Jan 2023$575.93$32.42$608.35$5,919.66
27Feb 2023$578.80$29.55$608.35$5,340.86
28Mar 2023$581.69$26.66$608.35$4,759.17
29Apr 2023$584.59$23.76$608.35$4,174.58
30May 2023$587.51$20.84$608.35$3,587.07
31Jun 2023$590.44$17.91$608.35$2,996.63
32Jul 2023$593.39$14.96$608.35$2,403.24
33Aug 2023$596.35$12.00$608.35$1,806.89
34Sep 2023$599.33$9.02$608.35$1,207.56
35Oct 2023$602.32$6.03$608.35$605.24
36Nov 2023$605.24$3.02$608.26$0.00
2023 Total$6,495.59$196.17$6,691.76