How is the payment amount on my Line of Credit calculated when I see my offer? Colleen Sward2023-06-07T13:38:03-05:00June 7, 2023| The estimated payment amount is based on the line of credit being fully advanced with a payment of 2% of the loan balance plus accrued interest at the initial interest rate. Share This Story, Choose Your Platform! FacebookXLinkedInPinterest