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
1Feb 2021$509.27$98.17$607.44$19,490.73
2Mar 2021$511.77$95.67$607.44$18,978.96
3Apr 2021$514.28$93.16$607.44$18,464.68
4May 2021$516.81$90.63$607.44$17,947.87
5Jun 2021$519.35$88.09$607.44$17,428.52
6Jul 2021$521.90$85.54$607.44$16,906.62
7Aug 2021$524.46$82.98$607.44$16,382.16
8Sep 2021$527.03$80.41$607.44$15,855.13
9Oct 2021$529.62$77.82$607.44$15,325.51
10Nov 2021$532.22$75.22$607.44$14,793.29
11Dec 2021$534.83$72.61$607.44$14,258.46
2021 Total$5,741.54$940.3$6,681.84
12Jan 2022$537.45$69.99$607.44$13,721.01
13Feb 2022$540.09$67.35$607.44$13,180.92
14Mar 2022$542.74$64.70$607.44$12,638.18
15Apr 2022$545.41$62.03$607.44$12,092.77
16May 2022$548.08$59.36$607.44$11,544.69
17Jun 2022$550.77$56.67$607.44$10,993.92
18Jul 2022$553.48$53.96$607.44$10,440.44
19Aug 2022$556.19$51.25$607.44$9,884.25
20Sep 2022$558.92$48.52$607.44$9,325.33
21Oct 2022$561.67$45.77$607.44$8,763.66
22Nov 2022$564.43$43.01$607.44$8,199.23
23Dec 2022$567.20$40.24$607.44$7,632.03
2022 Total$6,626.43$662.85$7,289.28
24Jan 2023$569.98$37.46$607.44$7,062.05
25Feb 2023$572.78$34.66$607.44$6,489.27
26Mar 2023$575.59$31.85$607.44$5,913.68
27Apr 2023$578.41$29.03$607.44$5,335.27
28May 2023$581.25$26.19$607.44$4,754.02
29Jun 2023$584.11$23.33$607.44$4,169.91
30Jul 2023$586.97$20.47$607.44$3,582.94
31Aug 2023$589.85$17.59$607.44$2,993.09
32Sep 2023$592.75$14.69$607.44$2,400.34
33Oct 2023$595.66$11.78$607.44$1,804.68
34Nov 2023$598.58$8.86$607.44$1,206.10
35Dec 2023$601.52$5.92$607.44$604.58
2023 Total$7,027.45$261.83$7,289.28
36Jan 2024$604.47$2.97$607.44$0.11
2023 Total$604.47$2.97$607.44