Borrow amount
$20k
Advertised Rate

5.79%

Variable

Loan term

1 year to 7 years

Police Bank
Repayment frequency
Monthly
Monthly repayment

$607

36 months

Number of repayments
36
Total interest paid
$1.8k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Mar 2021$510.04$96.50$606.54$19,489.96
2Apr 2021$512.50$94.04$606.54$18,977.46
3May 2021$514.97$91.57$606.54$18,462.49
4Jun 2021$517.46$89.08$606.54$17,945.03
5Jul 2021$519.96$86.58$606.54$17,425.07
6Aug 2021$522.46$84.08$606.54$16,902.61
7Sep 2021$524.98$81.56$606.54$16,377.63
8Oct 2021$527.52$79.02$606.54$15,850.11
9Nov 2021$530.06$76.48$606.54$15,320.05
10Dec 2021$532.62$73.92$606.54$14,787.43
2021 Total$5,212.57$852.83$6,065.4
11Jan 2022$535.19$71.35$606.54$14,252.24
12Feb 2022$537.77$68.77$606.54$13,714.47
13Mar 2022$540.37$66.17$606.54$13,174.10
14Apr 2022$542.97$63.57$606.54$12,631.13
15May 2022$545.59$60.95$606.54$12,085.54
16Jun 2022$548.23$58.31$606.54$11,537.31
17Jul 2022$550.87$55.67$606.54$10,986.44
18Aug 2022$553.53$53.01$606.54$10,432.91
19Sep 2022$556.20$50.34$606.54$9,876.71
20Oct 2022$558.88$47.66$606.54$9,317.83
21Nov 2022$561.58$44.96$606.54$8,756.25
22Dec 2022$564.29$42.25$606.54$8,191.96
2022 Total$6,595.47$683.01$7,278.48
23Jan 2023$567.01$39.53$606.54$7,624.95
24Feb 2023$569.75$36.79$606.54$7,055.20
25Mar 2023$572.50$34.04$606.54$6,482.70
26Apr 2023$575.26$31.28$606.54$5,907.44
27May 2023$578.04$28.50$606.54$5,329.40
28Jun 2023$580.83$25.71$606.54$4,748.57
29Jul 2023$583.63$22.91$606.54$4,164.94
30Aug 2023$586.44$20.10$606.54$3,578.50
31Sep 2023$589.27$17.27$606.54$2,989.23
32Oct 2023$592.12$14.42$606.54$2,397.11
33Nov 2023$594.97$11.57$606.54$1,802.14
34Dec 2023$597.84$8.70$606.54$1,204.30
2023 Total$6,987.66$290.82$7,278.48
35Jan 2024$600.73$5.81$606.54$603.57
36Feb 2024$603.57$2.91$606.48$0.00
2024 Total$1,204.3$8.72$1,213.02