RateCity.com.au
powering smart financial decisions
Borrow amount
$20k
Advertised Rate

6.25

% p.a

Variable up to 19.95%

Loan term

1 year to 5 years

Repayment frequency
Monthly
Monthly repayment

$611

36 months

Number of repayments
36
Total interest paid
$2k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
2021 Total$0$0$0
1Jan 2022$506.54$104.17$610.71$19,493.46
2Feb 2022$509.18$101.53$610.71$18,984.28
3Mar 2022$511.83$98.88$610.71$18,472.45
4Apr 2022$514.50$96.21$610.71$17,957.95
5May 2022$517.18$93.53$610.71$17,440.77
6Jun 2022$519.87$90.84$610.71$16,920.90
7Jul 2022$522.58$88.13$610.71$16,398.32
8Aug 2022$525.30$85.41$610.71$15,873.02
9Sep 2022$528.04$82.67$610.71$15,344.98
10Oct 2022$530.79$79.92$610.71$14,814.19
11Nov 2022$533.55$77.16$610.71$14,280.64
12Dec 2022$536.33$74.38$610.71$13,744.31
2022 Total$6,255.69$1,072.83$7,328.52
13Jan 2023$539.13$71.58$610.71$13,205.18
14Feb 2023$541.93$68.78$610.71$12,663.25
15Mar 2023$544.76$65.95$610.71$12,118.49
16Apr 2023$547.59$63.12$610.71$11,570.90
17May 2023$550.44$60.27$610.71$11,020.46
18Jun 2023$553.31$57.40$610.71$10,467.15
19Jul 2023$556.19$54.52$610.71$9,910.96
20Aug 2023$559.09$51.62$610.71$9,351.87
21Sep 2023$562.00$48.71$610.71$8,789.87
22Oct 2023$564.93$45.78$610.71$8,224.94
23Nov 2023$567.87$42.84$610.71$7,657.07
24Dec 2023$570.83$39.88$610.71$7,086.24
2023 Total$6,658.07$670.45$7,328.52
25Jan 2024$573.80$36.91$610.71$6,512.44
26Feb 2024$576.79$33.92$610.71$5,935.65
27Mar 2024$579.80$30.91$610.71$5,355.85
28Apr 2024$582.81$27.90$610.71$4,773.04
29May 2024$585.85$24.86$610.71$4,187.19
30Jun 2024$588.90$21.81$610.71$3,598.29
31Jul 2024$591.97$18.74$610.71$3,006.32
32Aug 2024$595.05$15.66$610.71$2,411.27
33Sep 2024$598.15$12.56$610.71$1,813.12
34Oct 2024$601.27$9.44$610.71$1,211.85
35Nov 2024$604.40$6.31$610.71$607.45
36Dec 2024$607.45$3.16$610.61$0.00
2024 Total$7,086.24$242.18$7,328.42