Borrow amount
$20k
Advertised Rate

10.98%

Fixed

Loan term

1 year to 7 years

ME 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
1Oct 2020$471.58$183.00$654.58$19,528.42
2Nov 2020$475.89$178.69$654.58$19,052.53
3Dec 2020$480.25$174.33$654.58$18,572.28
2020 Total$1,427.72$536.02$1,963.74
4Jan 2021$484.64$169.94$654.58$18,087.64
5Feb 2021$489.08$165.50$654.58$17,598.56
6Mar 2021$493.55$161.03$654.58$17,105.01
7Apr 2021$498.07$156.51$654.58$16,606.94
8May 2021$502.63$151.95$654.58$16,104.31
9Jun 2021$507.23$147.35$654.58$15,597.08
10Jul 2021$511.87$142.71$654.58$15,085.21
11Aug 2021$516.55$138.03$654.58$14,568.66
12Sep 2021$521.28$133.30$654.58$14,047.38
13Oct 2021$526.05$128.53$654.58$13,521.33
14Nov 2021$530.86$123.72$654.58$12,990.47
15Dec 2021$535.72$118.86$654.58$12,454.75
2021 Total$6,117.53$1,737.43$7,854.96
16Jan 2022$540.62$113.96$654.58$11,914.13
17Feb 2022$545.57$109.01$654.58$11,368.56
18Mar 2022$550.56$104.02$654.58$10,818.00
19Apr 2022$555.60$98.98$654.58$10,262.40
20May 2022$560.68$93.90$654.58$9,701.72
21Jun 2022$565.81$88.77$654.58$9,135.91
22Jul 2022$570.99$83.59$654.58$8,564.92
23Aug 2022$576.21$78.37$654.58$7,988.71
24Sep 2022$581.48$73.10$654.58$7,407.23
25Oct 2022$586.80$67.78$654.58$6,820.43
26Nov 2022$592.17$62.41$654.58$6,228.26
27Dec 2022$597.59$56.99$654.58$5,630.67
2022 Total$6,824.08$1,030.88$7,854.96
28Jan 2023$603.06$51.52$654.58$5,027.61
29Feb 2023$608.58$46.00$654.58$4,419.03
30Mar 2023$614.15$40.43$654.58$3,804.88
31Apr 2023$619.77$34.81$654.58$3,185.11
32May 2023$625.44$29.14$654.58$2,559.67
33Jun 2023$631.16$23.42$654.58$1,928.51
34Jul 2023$636.93$17.65$654.58$1,291.58
35Aug 2023$642.76$11.82$654.58$648.82
36Sep 2023$648.64$5.94$654.58$0.18
2023 Total$5,630.49$260.73$5,891.22