Loan Amount | Interest Rate P.A | Avg Monthly Repayment | 30 Day Month Repayment | 31 Day Month Repayment |
---|---|---|---|---|
8.60% | $0 | $0 | $0 |
All Interest Repayment amounts are due on the 22nd of each month (or next business day if this falls on a weekend or Public Holiday).
The calculation of whether it is a 30 or 31 day month depends on how many days are in the previous month to when the repayment is due.