Loan repayment break examples

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Loan repayment break examples
When requesting a repayment break for your loan, it's important that you understand the impact on your overall balance and your monthly payments.

The below table shows how a payment break of 6 months might change the cost of a loan based on a range of interest rates and the potential impact on the loan term. 

  • These are illustrative examples only, based on a sample of interest rates and remaining terms.
  • The examples show the number of additional repayments required to repay your missed payments plus the additional interest. They assume that monthly payments continue as normal after a repayment break. 

Repayment break examples

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