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

7.05

% p.a

Fixed up to 7.99%

Loan term

1 year to 7 years

Repayment frequency
Monthly
Monthly repayment

618

36 months

Number of repayments
36
Total interest paid
$2.2k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Nov 2021$500.50$117.50$618.00$19,499.50
2Dec 2021$503.44$114.56$618.00$18,996.06
2021 Total$1,003.94$232.06$1,236
3Jan 2022$506.40$111.60$618.00$18,489.66
4Feb 2022$509.37$108.63$618.00$17,980.29
5Mar 2022$512.37$105.63$618.00$17,467.92
6Apr 2022$515.38$102.62$618.00$16,952.54
7May 2022$518.40$99.60$618.00$16,434.14
8Jun 2022$521.45$96.55$618.00$15,912.69
9Jul 2022$524.51$93.49$618.00$15,388.18
10Aug 2022$527.59$90.41$618.00$14,860.59
11Sep 2022$530.69$87.31$618.00$14,329.90
12Oct 2022$533.81$84.19$618.00$13,796.09
13Nov 2022$536.95$81.05$618.00$13,259.14
14Dec 2022$540.10$77.90$618.00$12,719.04
2022 Total$6,277.02$1,138.98$7,416
15Jan 2023$543.28$74.72$618.00$12,175.76
16Feb 2023$546.47$71.53$618.00$11,629.29
17Mar 2023$549.68$68.32$618.00$11,079.61
18Apr 2023$552.91$65.09$618.00$10,526.70
19May 2023$556.16$61.84$618.00$9,970.54
20Jun 2023$559.42$58.58$618.00$9,411.12
21Jul 2023$562.71$55.29$618.00$8,848.41
22Aug 2023$566.02$51.98$618.00$8,282.39
23Sep 2023$569.34$48.66$618.00$7,713.05
24Oct 2023$572.69$45.31$618.00$7,140.36
25Nov 2023$576.05$41.95$618.00$6,564.31
26Dec 2023$579.43$38.57$618.00$5,984.88
2023 Total$6,734.16$681.84$7,416
27Jan 2024$582.84$35.16$618.00$5,402.04
28Feb 2024$586.26$31.74$618.00$4,815.78
29Mar 2024$589.71$28.29$618.00$4,226.07
30Apr 2024$593.17$24.83$618.00$3,632.90
31May 2024$596.66$21.34$618.00$3,036.24
32Jun 2024$600.16$17.84$618.00$2,436.08
33Jul 2024$603.69$14.31$618.00$1,832.39
34Aug 2024$607.23$10.77$618.00$1,225.16
35Sep 2024$610.80$7.20$618.00$614.36
36Oct 2024$614.36$3.61$617.97$0.00
2024 Total$5,984.88$195.09$6,179.97