ANZ Simulator
ANZ Flexi
Balance Owed
$500,000
Limit: $500,000 (Fixed)
Available Credit
$0
Daily Interest Cost
$89.04
Monthly Requirement
ANZ requires you to pay the interest charged each month.
Min. Payment
Interest Only
↓
Next Month's Balance
$500,000
Because there is no fixed repayment and the limit does not drop, if you only pay the interest, the debt never goes away.