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Line of Credit Payment Analyzer Definitions
| Loan Amount |
The total line of credit commitment amount you have (or are looking to have) available. |
| Average Monthly Loan Outstanding |
The average actual amount you will draw down from your total line of credit. |
| Average Monthly Checking Account Balance |
The average dollar balance in your checking account. |
| Average Monthly Interest Bearing Account Balance
| If you have a interest bearing account, this balance is separate from your regular checking account. Enter the average dollar amount in the interest bearing account. |
| Assumed Variable Lending Rate
| The assumed average variable lending rate you expect to pay on your loan balances. |
| Assumed Interest Bearing Account Rate/Yield
| The assumed interest bearing account rate/yield you expect to earn. |
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