Professional Documents
Culture Documents
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
50,000.00
66,627.48
16,627.48
-
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
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
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
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
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