The calculations below are based on an initial draw of your full Approved Credit Limit of $499,000.00 and assume that you will pay off the draw entirely according to the agreed payment schedule, that you miss no payments, and that you do not redraw on this line. Actual costs may differ substantially.
This is the maximum amount of funding Celtic Bank may provide.
Annual Percentage Rate (APR)
APR is the cost of your financing expressed as a yearly rate. APR includes the amount and timing of the funding you receive, interest and fees you pay and the payments you make. APR is not an interest rate. Your interest rate is 0.0073%. Your APR may be higher than your interest rate because APR incorporates interest costs and other finance charges.
Estimated Finance Charge
This is the dollar cost of our financing based upon the assumptions described at the top of this disclosure.
Estimated Total Payments
This is the total dollar amount of payments you will make during the term of the contract based upon the assumptions described at the top of this disclosure.
Payment will be due on each day where card charges are made.
The draw period for the Spend Card is a daily draw period.
1 Day (Revolving)
If you pay off the financing early you will not pay additional fees not already included in the finance charge.
Applicable law requires this information to be provided to you to help you make an informed decision. By signing below, you are confirming that you received this information.