Maximum Rate And Payment Examples. If you had an outstanding balance of $10,000.00 during the draw period, the minimum payment at the maximum ANNUAL PERCENTAGE RATE of 18.00% would be $150.02. This Annual Percentage Rate could be reached during the 1st month of the draw period. If you had an outstanding balance of $10,000.00 during the repayment period, the minimum payment at the maximum ANNUAL PERCENTAGE RATE of 18.00% would be $161.06. This Annual Percentage Rate could be reached during the 1st month of the repayment period.
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