Borrow amount
$20k
Advertised Rate

6.81%

Variable

Loan term

2 years to 5 years

P&N Bank
Repayment frequency
Monthly
Monthly repayment

$616

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
1Feb 2021$502.31$113.50$615.81$19,497.69
2Mar 2021$505.16$110.65$615.81$18,992.53
3Apr 2021$508.03$107.78$615.81$18,484.50
4May 2021$510.91$104.90$615.81$17,973.59
5Jun 2021$513.81$102.00$615.81$17,459.78
6Jul 2021$516.73$99.08$615.81$16,943.05
7Aug 2021$519.66$96.15$615.81$16,423.39
8Sep 2021$522.61$93.20$615.81$15,900.78
9Oct 2021$525.57$90.24$615.81$15,375.21
10Nov 2021$528.56$87.25$615.81$14,846.65
11Dec 2021$531.56$84.25$615.81$14,315.09
2021 Total$5,684.91$1,089$6,773.91
12Jan 2022$534.57$81.24$615.81$13,780.52
13Feb 2022$537.61$78.20$615.81$13,242.91
14Mar 2022$540.66$75.15$615.81$12,702.25
15Apr 2022$543.72$72.09$615.81$12,158.53
16May 2022$546.81$69.00$615.81$11,611.72
17Jun 2022$549.91$65.90$615.81$11,061.81
18Jul 2022$553.03$62.78$615.81$10,508.78
19Aug 2022$556.17$59.64$615.81$9,952.61
20Sep 2022$559.33$56.48$615.81$9,393.28
21Oct 2022$562.50$53.31$615.81$8,830.78
22Nov 2022$565.70$50.11$615.81$8,265.08
23Dec 2022$568.91$46.90$615.81$7,696.17
2022 Total$6,618.92$770.8$7,389.72
24Jan 2023$572.13$43.68$615.81$7,124.04
25Feb 2023$575.38$40.43$615.81$6,548.66
26Mar 2023$578.65$37.16$615.81$5,970.01
27Apr 2023$581.93$33.88$615.81$5,388.08
28May 2023$585.23$30.58$615.81$4,802.85
29Jun 2023$588.55$27.26$615.81$4,214.30
30Jul 2023$591.89$23.92$615.81$3,622.41
31Aug 2023$595.25$20.56$615.81$3,027.16
32Sep 2023$598.63$17.18$615.81$2,428.53
33Oct 2023$602.03$13.78$615.81$1,826.50
34Nov 2023$605.44$10.37$615.81$1,221.06
35Dec 2023$608.88$6.93$615.81$612.18
2023 Total$7,083.99$305.73$7,389.72
36Jan 2024$612.18$3.47$615.65$0.00
2023 Total$612.18$3.47$615.65