Debt Consolidation Loan from Police Credit Union
Debt Consolidation Loan
Borrow amount
$20k
Advertised Rate
Variable
12.90%
Loan term
0 year to 7 years
Repayment frequency
Monthly
Monthly repayment
$673
36 months
Number of repayments
36
Total interest paid
$4.2k
Total repayments
$24,225
Monthly Repayment Schedule
Results are estimates only. Please allow for slight rounding differences.
| № | Date | Principal | Interest | Payment | Balance |
|---|---|---|---|---|---|
| 1 | Mar 2020 | $457.92 | $215.00 | $672.92 | $19,542.08 |
| 2 | Apr 2020 | $462.84 | $210.08 | $672.92 | $19,079.24 |
| 3 | May 2020 | $467.82 | $205.10 | $672.92 | $18,611.42 |
| 4 | Jun 2020 | $472.85 | $200.07 | $672.92 | $18,138.57 |
| 5 | Jul 2020 | $477.93 | $194.99 | $672.92 | $17,660.64 |
| 6 | Aug 2020 | $483.07 | $189.85 | $672.92 | $17,177.57 |
| 7 | Sep 2020 | $488.26 | $184.66 | $672.92 | $16,689.31 |
| 8 | Oct 2020 | $493.51 | $179.41 | $672.92 | $16,195.80 |
| 9 | Nov 2020 | $498.82 | $174.10 | $672.92 | $15,696.98 |
| 10 | Dec 2020 | $504.18 | $168.74 | $672.92 | $15,192.80 |
| 2020 Total | $4,807.2 | $1,922 | $6,729.2 | ||
| 11 | Jan 2021 | $509.60 | $163.32 | $672.92 | $14,683.20 |
| 12 | Feb 2021 | $515.08 | $157.84 | $672.92 | $14,168.12 |
| 13 | Mar 2021 | $520.61 | $152.31 | $672.92 | $13,647.51 |
| 14 | Apr 2021 | $526.21 | $146.71 | $672.92 | $13,121.30 |
| 15 | May 2021 | $531.87 | $141.05 | $672.92 | $12,589.43 |
| 16 | Jun 2021 | $537.58 | $135.34 | $672.92 | $12,051.85 |
| 17 | Jul 2021 | $543.36 | $129.56 | $672.92 | $11,508.49 |
| 18 | Aug 2021 | $549.20 | $123.72 | $672.92 | $10,959.29 |
| 19 | Sep 2021 | $555.11 | $117.81 | $672.92 | $10,404.18 |
| 20 | Oct 2021 | $561.08 | $111.84 | $672.92 | $9,843.10 |
| 21 | Nov 2021 | $567.11 | $105.81 | $672.92 | $9,275.99 |
| 22 | Dec 2021 | $573.20 | $99.72 | $672.92 | $8,702.79 |
| 2021 Total | $6,490.01 | $1,585.03 | $8,075.04 | ||
| 23 | Jan 2022 | $579.37 | $93.55 | $672.92 | $8,123.42 |
| 24 | Feb 2022 | $585.59 | $87.33 | $672.92 | $7,537.83 |
| 25 | Mar 2022 | $591.89 | $81.03 | $672.92 | $6,945.94 |
| 26 | Apr 2022 | $598.25 | $74.67 | $672.92 | $6,347.69 |
| 27 | May 2022 | $604.68 | $68.24 | $672.92 | $5,743.01 |
| 28 | Jun 2022 | $611.18 | $61.74 | $672.92 | $5,131.83 |
| 29 | Jul 2022 | $617.75 | $55.17 | $672.92 | $4,514.08 |
| 30 | Aug 2022 | $624.39 | $48.53 | $672.92 | $3,889.69 |
| 31 | Sep 2022 | $631.11 | $41.81 | $672.92 | $3,258.58 |
| 32 | Oct 2022 | $637.89 | $35.03 | $672.92 | $2,620.69 |
| 33 | Nov 2022 | $644.75 | $28.17 | $672.92 | $1,975.94 |
| 34 | Dec 2022 | $651.68 | $21.24 | $672.92 | $1,324.26 |
| 2022 Total | $7,378.53 | $696.51 | $8,075.04 | ||
| 35 | Jan 2023 | $658.68 | $14.24 | $672.92 | $665.58 |
| 36 | Feb 2023 | $665.58 | $7.15 | $672.73 | $0.00 |
| 2023 Total | $1,324.26 | $21.39 | $1,345.65 |