WALKAWAY
Line of Credit Protection
How does it work
Balance Due (Bill of Sale)
$
Interest Rate (BoC + 2%)
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Fetching Bank of Canada rate
Monthly Payment
$0
Principal + Interest / month
Max Negative Equity
$0
Peaks at month 0
Loan Balance vs. Vehicle Value
72-month amortization with vehicle depreciation
Loan Balance (What You Owe)
Vehicle Value (What It's Worth)
Negative Equity Gap
Claim Scenario
Drag to see benefit amounts at different points
Month 12 (Year 1.0)
Balance Owed
$0
Vehicle Return benefit
Vehicle Value
$0
Market depreciation
Negative Equity
$0
Gap protection covers this
🛡️
Payment Relief Benefit
In a Payment Relief claim, WALKAWAY covers this amount paid directly to your Line of Credit each month. This includes both principal and interest, actively reducing your balance.
$0
per month
WALKAWAY