Draw vs repayment payment estimator

During the draw period you pay interest only on what you have borrowed. When repayment begins, the same balance converts to a fully amortized payment — often a significant jump. Enter your balance, APR, and repayment term below to see both figures side by side.

PeriodMonthly payment
Draw period (interest-only)$333
Repayment period (amortized over 240 mo)$418

Payment increase at repayment: $85/mo (25%)

Illustrative estimate only — not an offer to lend. Rates are variable and your actual draw-period length depends on your lender's terms.