Note: Your minimum payment during your draw period is 0.25% of unpaid principal balance of the revolving line on the billing date plus finance charges accrued for that billing cycle or $100.
When your draw period ends, you will enter the repayment period. Your repayment period can last up to 20 years, in which time you are expected to repay your outstanding balance. It's important to know that you’ll no longer have access to your line of credit during this time and you can expect a change in your payment amount. Your minimum payment is: