You have 20 months (20 instalments of $320) from your account opening date. You can pay off your loan earlier.

The details of a minimum repayment plan of $320 per month (including a $20 monthly facility fee) for InvestSMART Fundlater are set out in the table below (Repayment Plan).

Date

Initial Investment and Instalment Amounts

Facility Fee deducted

Fundlater Loan Balance

Month 0

$4,000

$6,000

Month 1

$320

-$20

$5,700

Month 2

$320

-$20

$5,400

Month 3

$320

-$20

$5,100

Month 4

$320

-$20

$4,800

Month 5

$320

-$20

$4,500

Month 6

$320

-$20

$4,200

Month 7

$320

-$20

$3,900

Month 8

$320

-$20

$3,600

Month 9

$320

-$20

$3,300

Month 10

$320

-$20

$3,000

Month 11

$320

-$20

$2,700

Month 12

$320

-$20

$2,400

Month 13

$320

-$20

$2,100

Month 14

$320

-$20

$1,800

Month 15

$320

-$20

$1,500

Month 16

$320

-$20

$1,200

Month 17

$320

-$20

$900

Month 18

$320

-$20

$600

Month 19

$320

-$20

$300

Month 20

$320

-$20

$0

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