Credit Limit — Financial input. Directly drives affordability, yield, or cost; small changes compound over time. Example: 0.1.
Credit Limit is required
Rate — Rate as a percentage. Determines how quickly interest or growth accrues; even 0.5% changes matter over time. Example: 0.1.
Rate is required
Draw Period — Financial input. Directly drives affordability, yield, or cost; small changes compound over time. Example: 0.1.
Draw Period is required
Calculate HELOC minimum payment
Formula
minPayment = creditLimit × rate × drawPeriod