Borrow amount
$20k
Advertised Rate

5.89%

Variable

Loan term

0 year to 10 years

Horizon Bank
Repayment frequency
Monthly
Monthly repayment

$607

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
1Nov 2020$509.27$98.17$607.44$19,490.73
2Dec 2020$511.77$95.67$607.44$18,978.96
2020 Total$1,021.04$193.84$1,214.88
3Jan 2021$514.28$93.16$607.44$18,464.68
4Feb 2021$516.81$90.63$607.44$17,947.87
5Mar 2021$519.35$88.09$607.44$17,428.52
6Apr 2021$521.90$85.54$607.44$16,906.62
7May 2021$524.46$82.98$607.44$16,382.16
8Jun 2021$527.03$80.41$607.44$15,855.13
9Jul 2021$529.62$77.82$607.44$15,325.51
10Aug 2021$532.22$75.22$607.44$14,793.29
11Sep 2021$534.83$72.61$607.44$14,258.46
12Oct 2021$537.45$69.99$607.44$13,721.01
13Nov 2021$540.09$67.35$607.44$13,180.92
14Dec 2021$542.74$64.70$607.44$12,638.18
2021 Total$6,340.78$948.5$7,289.28
15Jan 2022$545.41$62.03$607.44$12,092.77
16Feb 2022$548.08$59.36$607.44$11,544.69
17Mar 2022$550.77$56.67$607.44$10,993.92
18Apr 2022$553.48$53.96$607.44$10,440.44
19May 2022$556.19$51.25$607.44$9,884.25
20Jun 2022$558.92$48.52$607.44$9,325.33
21Jul 2022$561.67$45.77$607.44$8,763.66
22Aug 2022$564.43$43.01$607.44$8,199.23
23Sep 2022$567.20$40.24$607.44$7,632.03
24Oct 2022$569.98$37.46$607.44$7,062.05
25Nov 2022$572.78$34.66$607.44$6,489.27
26Dec 2022$575.59$31.85$607.44$5,913.68
2022 Total$6,724.5$564.78$7,289.28
27Jan 2023$578.41$29.03$607.44$5,335.27
28Feb 2023$581.25$26.19$607.44$4,754.02
29Mar 2023$584.11$23.33$607.44$4,169.91
30Apr 2023$586.97$20.47$607.44$3,582.94
31May 2023$589.85$17.59$607.44$2,993.09
32Jun 2023$592.75$14.69$607.44$2,400.34
33Jul 2023$595.66$11.78$607.44$1,804.68
34Aug 2023$598.58$8.86$607.44$1,206.10
35Sep 2023$601.52$5.92$607.44$604.58
36Oct 2023$604.47$2.97$607.44$0.11
2023 Total$5,913.57$160.83$6,074.4