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Line of Credit Calculator


2010 Vertex42 LLC

http://www.vertex42.com/Calculators/line-of-credit.html

Inputs
Credit Limit
Starting Interest Rate
Draw Period in Years
First Day Interest Accrues
Payment Frequency
Days in Year

75,000
6.00%
10
1/1/2010
Monthly
365

Balance at End of Draw Period


Total Borrowed
Total Payments
Total Interest Accrued
Ending Principal Balance
Deferred Interest Balance
Total Balloon Payment Owed

50,000.00
66,627.48
16,627.48
-

Variable Rate Simulation


Periods Between Rate Changes
Estimated Rate Change
Maximum Interest Rate
Maximum Payment During Draw Period

1
0.00%
18.00%
555.44

Payment Options
Payment Option
Minimum Payment Rate
Pay Off in X Years
Fixed Payment Amount
Principal Balance

60000.00

Amortized

0.50%
10
800.00

7.00%

Deferred Interest

Interest Rate History

6.00%

50000.00

5.00%

40000.00

4.00%

30000.00

3.00%

Period

2.00%

20000.00

20

40

60

10000.00

80

100

120

140

Random Rate Change


0

Min Change
Max Change
Minimum Interest Rate

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

#N/A

8/1/17

2/1/15

8/1/12

2/1/10

0.00

-0.35%
0.45%
2.00%

Payment
Date

Interest
Rate

Deferred
Interest

12/31/2009

6.00%

Total Owed

2/1/10

6.00%

263.01

555.10

3/1/10

6.00%

228.79

555.25

49,707.91

0.00

49,707.91

49,381.45

0.00

4/1/10

6.00%

251.64

49,381.45

555.03

49,078.06

0.00

5/1/10

6.00%

49,078.06

242.03

555.08

48,765.01

0.00

6/1/10

48,765.01

6.00%

248.50

555.04

48,458.47

0.00

48,458.47

7/1/10

6.00%

238.97

555.09

48,142.35

0.00

48,142.35

8/1/10

6.00%

245.33

555.06

47,832.62

0.00

47,832.62

9/1/10

6.00%

243.75

555.11

47,521.26

0.00

47,521.26

10/1/10

6.00%

234.35

555.16

47,200.45

0.00

47,200.45

10

11/1/10

6.00%

240.53

555.13

46,885.85

0.00

46,885.85

11

12/1/10

6.00%

231.22

555.18

46,561.89

0.00

46,561.89

12

1/1/11

6.00%

237.27

555.14

46,244.02

0.00

46,244.02

13

2/1/11

6.00%

235.65

555.19

45,924.48

0.00

45,924.48

14

3/1/11

6.00%

211.38

555.25

45,580.61

0.00

45,580.61

15

4/1/11

6.00%

232.27

555.03

45,257.85

0.00

45,257.85

16

5/1/11

6.00%

223.19

555.08

44,925.96

0.00

44,925.96

17

6/1/11

6.00%

228.94

555.04

44,599.86

0.00

44,599.86

18

7/1/11

6.00%

219.94

555.09

44,264.71

0.00

44,264.71

19

8/1/11

6.00%

225.57

555.06

43,935.22

0.00

43,935.22

20

9/1/11

6.00%

223.89

555.11

43,604.00

0.00

43,604.00

21

10/1/11

6.00%

215.03

555.16

43,263.87

0.00

43,263.87

22

11/1/11

6.00%

220.47

555.13

42,929.21

0.00

42,929.21

23

12/1/11

6.00%

211.71

555.18

42,585.74

0.00

42,585.74

24

1/1/12

6.00%

217.01

555.14

42,247.61

0.00

42,247.61

25

2/1/12

6.00%

215.29

555.19

41,907.71

0.00

41,907.71

26

3/1/12

6.00%

199.78

555.25

41,552.24

0.00

41,552.24

27

4/1/12

6.00%

211.75

555.12

41,208.87

0.00

41,208.87

28

5/1/12

6.00%

203.22

555.17

40,856.92

0.00

40,856.92

No.

Interest
Accrued

Payment

Amount
Borrowed
50,000.00

http://www.vertex42.com/Calculators/line-of-credit.html

Additional
Payment

Principal

Payment Schedule
Principal
Balance
$50,000.00

2010 Vertex42 LLC

Payment
Date

Interest
Rate

Interest
Accrued

Principal
Balance

Deferred
Interest

29

6/1/12

6.00%

208.20

Total Owed

555.13

40,509.99

0.00

30

7/1/12

6.00%

40,509.99

199.78

555.19

40,154.58

0.00

31

8/1/12

40,154.58

6.00%

204.62

555.15

39,804.05

0.00

32

39,804.05

9/1/12

6.00%

202.84

555.20

39,451.69

0.00

39,451.69

33

10/1/12

6.00%

194.56

555.26

39,090.99

0.00

39,090.99

34

11/1/12

6.00%

199.20

555.22

38,734.97

0.00

38,734.97

35

12/1/12

6.00%

191.02

555.27

38,370.72

0.00

38,370.72

36

1/1/13

6.00%

195.53

555.23

38,011.02

0.00

38,011.02

37

2/1/13

6.00%

193.70

555.29

37,649.43

0.00

37,649.43

38

3/1/13

6.00%

173.29

555.34

37,267.38

0.00

37,267.38

39

4/1/13

6.00%

189.91

555.12

36,902.17

0.00

36,902.17

40

5/1/13

6.00%

181.98

555.17

36,528.98

0.00

36,528.98

41

6/1/13

6.00%

186.15

555.13

36,160.00

0.00

36,160.00

42

7/1/13

6.00%

178.32

555.19

35,783.13

0.00

35,783.13

43

8/1/13

6.00%

182.35

555.15

35,410.33

0.00

35,410.33

44

9/1/13

6.00%

180.45

555.20

35,035.58

0.00

35,035.58

45

10/1/13

6.00%

172.78

555.26

34,653.10

0.00

34,653.10

46

11/1/13

6.00%

176.59

555.22

34,274.47

0.00

34,274.47

47

12/1/13

6.00%

169.02

555.27

33,888.22

0.00

33,888.22

48

1/1/14

6.00%

172.69

555.23

33,505.68

0.00

33,505.68

49

2/1/14

6.00%

170.74

555.29

33,121.13

0.00

33,121.13

50

3/1/14

6.00%

152.45

555.34

32,718.24

0.00

32,718.24

51

4/1/14

6.00%

166.73

555.12

32,329.85

0.00

32,329.85

52

5/1/14

6.00%

159.43

555.17

31,934.11

0.00

31,934.11

53

6/1/14

6.00%

162.73

555.13

31,541.71

0.00

31,541.71

54

7/1/14

6.00%

155.55

555.19

31,142.07

0.00

31,142.07

55

8/1/14

6.00%

158.70

555.15

30,745.62

0.00

30,745.62

56

9/1/14

6.00%

156.68

555.20

30,347.10

0.00

30,347.10

57

10/1/14

6.00%

149.66

555.25

29,941.51

0.00

29,941.51

58

11/1/14

6.00%

152.58

555.22

29,538.87

0.00

29,538.87

59

12/1/14

6.00%

145.67

555.27

29,129.27

0.00

29,129.27

60

1/1/15

6.00%

148.44

555.23

28,722.48

0.00

28,722.48

61

2/1/15

6.00%

146.37

555.29

28,313.56

0.00

28,313.56

62

3/1/15

6.00%

130.32

555.34

27,888.54

0.00

27,888.54

63

4/1/15

6.00%

142.12

555.12

27,475.54

0.00

27,475.54

64

5/1/15

6.00%

135.50

555.17

27,055.87

0.00

27,055.87

65

6/1/15

6.00%

137.87

555.13

26,638.61

0.00

26,638.61

66

7/1/15

6.00%

131.37

555.19

26,214.79

0.00

26,214.79

67

8/1/15

6.00%

133.59

555.15

25,793.23

0.00

25,793.23

68

9/1/15

6.00%

131.44

555.20

25,369.47

0.00

25,369.47

69

10/1/15

6.00%

125.11

555.26

24,939.32

0.00

24,939.32

70

11/1/15

6.00%

127.09

555.22

24,511.19

0.00

24,511.19

71

12/1/15

6.00%

120.88

555.27

24,076.80

0.00

24,076.80

72

1/1/16

6.00%

122.69

555.23

23,644.26

0.00

23,644.26

73

2/1/16

6.00%

120.49

555.29

23,209.46

0.00

23,209.46

74

3/1/16

6.00%

110.64

555.34

22,764.76

0.00

22,764.76

75

4/1/16

6.00%

116.01

555.21

22,325.56

0.00

22,325.56

76

5/1/16

6.00%

110.10

555.26

21,880.40

0.00

21,880.40

77

6/1/16

6.00%

111.50

555.22

21,436.68

0.00

21,436.68

78

7/1/16

6.00%

105.72

555.28

20,987.12

0.00

20,987.12

79

8/1/16

6.00%

106.95

555.24

20,538.83

0.00

20,538.83

80

9/1/16

6.00%

104.66

555.29

20,088.20

0.00

20,088.20

81

10/1/16

6.00%

99.07

555.35

19,631.92

0.00

19,631.92

82

11/1/16

6.00%

100.04

555.31

19,176.65

0.00

19,176.65

83

12/1/16

6.00%

94.57

555.36

18,715.86

0.00

18,715.86

84

1/1/17

6.00%

95.37

555.33

18,255.90

0.00

18,255.90

85

2/1/17

6.00%

93.03

555.38

17,793.55

0.00

17,793.55

86

3/1/17

6.00%

81.90

555.43

17,320.02

0.00

17,320.02

87

4/1/17

6.00%

88.26

555.21

16,853.07

0.00

16,853.07

88

5/1/17

6.00%

83.11

555.26

16,380.92

0.00

16,380.92

89

6/1/17

6.00%

83.48

555.22

15,909.18

0.00

15,909.18

90

7/1/17

6.00%

78.46

555.28

15,432.36

0.00

15,432.36

No.

http://www.vertex42.com/Calculators/line-of-credit.html

Payment

Amount
Borrowed

Additional
Payment

Principal

Page 2 of 3

2010 Vertex42 LLC

Payment
Date

Interest
Rate

Interest
Accrued

Principal
Balance

Deferred
Interest

91

8/1/17

6.00%

78.64

Total Owed

555.24

14,955.76

0.00

92

9/1/17

6.00%

14,955.76

76.21

555.29

14,476.68

0.00

93

10/1/17

14,476.68

6.00%

71.39

555.35

13,992.72

0.00

94

13,992.72

11/1/17

6.00%

71.31

555.31

13,508.72

0.00

13,508.72

95

12/1/17

6.00%

66.62

555.37

13,019.97

0.00

13,019.97

96

1/1/18

6.00%

66.35

555.33

12,530.99

0.00

12,530.99

97

2/1/18

6.00%

63.86

555.38

12,039.47

0.00

12,039.47

98

3/1/18

6.00%

55.41

555.44

11,539.44

0.00

11,539.44

99

4/1/18

6.00%

58.80

555.21

11,043.03

0.00

11,043.03

100

5/1/18

6.00%

54.46

555.26

10,542.23

0.00

10,542.23

101

6/1/18

6.00%

53.72

555.22

10,040.73

0.00

10,040.73

102

7/1/18

6.00%

49.52

555.28

9,534.97

0.00

9,534.97

103

8/1/18

6.00%

48.59

555.24

9,028.32

0.00

9,028.32

104

9/1/18

6.00%

46.01

555.29

8,519.04

0.00

8,519.04

105

10/1/18

6.00%

42.01

555.35

8,005.70

0.00

8,005.70

106

11/1/18

6.00%

40.80

555.31

7,491.19

0.00

7,491.19

107

12/1/18

6.00%

36.94

555.37

6,972.76

0.00

6,972.76

108

1/1/19

6.00%

35.53

555.33

6,452.96

0.00

6,452.96

109

2/1/19

6.00%

32.88

555.38

5,930.46

0.00

5,930.46

110

3/1/19

6.00%

27.30

555.44

5,402.32

0.00

5,402.32

111

4/1/19

6.00%

27.53

555.20

4,874.65

0.00

4,874.65

112

5/1/19

6.00%

24.04

555.26

4,343.43

0.00

4,343.43

113

6/1/19

6.00%

22.13

555.22

3,810.34

0.00

3,810.34

114

7/1/19

6.00%

18.79

555.28

3,273.85

0.00

3,273.85

115

8/1/19

6.00%

16.68

555.23

2,735.30

0.00

2,735.30

116

9/1/19

6.00%

13.94

555.29

2,193.95

0.00

2,193.95

117

10/1/19

6.00%

10.82

555.36

1,649.41

0.00

1,649.41

118

11/1/19

6.00%

8.41

555.31

1,102.51

0.00

1,102.51

119

12/1/19

6.00%

5.44

555.39

552.56

0.00

552.56

120

1/1/20

6.00%

2.82

555.38

0.00

0.00

0.00

No.

http://www.vertex42.com/Calculators/line-of-credit.html

Payment

Amount
Borrowed

Additional
Payment

Principal

Page 3 of 3

2010 Vertex42 LLC

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