Laboratories Credit Union
Borrow amount
$20k
Advertised Rate

6.75%

Variable

Loan term

1 year to 7 years

Repayment frequency
Monthly
Monthly repayment

$615

36 months

Number of repayments
36
Total interest paid
$2.1k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Oct 2020$502.76$112.50$615.26$19,497.24
2Nov 2020$505.59$109.67$615.26$18,991.65
3Dec 2020$508.43$106.83$615.26$18,483.22
2020 Total$1,516.78$329$1,845.78
4Jan 2021$511.29$103.97$615.26$17,971.93
5Feb 2021$514.17$101.09$615.26$17,457.76
6Mar 2021$517.06$98.20$615.26$16,940.70
7Apr 2021$519.97$95.29$615.26$16,420.73
8May 2021$522.89$92.37$615.26$15,897.84
9Jun 2021$525.83$89.43$615.26$15,372.01
10Jul 2021$528.79$86.47$615.26$14,843.22
11Aug 2021$531.77$83.49$615.26$14,311.45
12Sep 2021$534.76$80.50$615.26$13,776.69
13Oct 2021$537.77$77.49$615.26$13,238.92
14Nov 2021$540.79$74.47$615.26$12,698.13
15Dec 2021$543.83$71.43$615.26$12,154.30
2021 Total$6,328.92$1,054.2$7,383.12
16Jan 2022$546.89$68.37$615.26$11,607.41
17Feb 2022$549.97$65.29$615.26$11,057.44
18Mar 2022$553.06$62.20$615.26$10,504.38
19Apr 2022$556.17$59.09$615.26$9,948.21
20May 2022$559.30$55.96$615.26$9,388.91
21Jun 2022$562.45$52.81$615.26$8,826.46
22Jul 2022$565.61$49.65$615.26$8,260.85
23Aug 2022$568.79$46.47$615.26$7,692.06
24Sep 2022$571.99$43.27$615.26$7,120.07
25Oct 2022$575.21$40.05$615.26$6,544.86
26Nov 2022$578.45$36.81$615.26$5,966.41
27Dec 2022$581.70$33.56$615.26$5,384.71
2022 Total$6,769.59$613.53$7,383.12
28Jan 2023$584.97$30.29$615.26$4,799.74
29Feb 2023$588.26$27.00$615.26$4,211.48
30Mar 2023$591.57$23.69$615.26$3,619.91
31Apr 2023$594.90$20.36$615.26$3,025.01
32May 2023$598.24$17.02$615.26$2,426.77
33Jun 2023$601.61$13.65$615.26$1,825.16
34Jul 2023$604.99$10.27$615.26$1,220.17
35Aug 2023$608.40$6.86$615.26$611.77
36Sep 2023$611.77$3.44$615.21$0.00
2023 Total$5,384.71$152.58$5,537.29