# Amortize a draw

The Amortize Draw tool creates a repayment plan for a specific draw on a Line of Credit loan. Use this during a hardship situation to allow the borrower to pay back a draw over a longer period with structured payments.

**Availability:** All clients
**Required permissions:** `loan:paymentplan.create`
**Loan status:** `active`
**Loan types:** Line of Credit only

## Before you begin

- This tool is not available for draws with a weekly payment frequency.
- You can either set a new duration (number of months remaining) or a new recurring payment amount — the system calculates the other value automatically.


## Amortize a draw

1. From the agent-view Borrower Portal, open the Line of Credit loan and select **Loan options** > **Amortize draw**.
2. Select the **Draw** to amortize from the **Applicable to** dropdown.
3. Review the **Current terms** displayed for the selected draw.
4. Choose a custom plan option:
  - **None, use the frequency above** — The system re-amortizes the draw without changing the duration. The recurring amount may change if the frequency differs.
  - **New remaining duration** — Enter the total number of months remaining. The system calculates a new recurring amount.
  - **New recurring amount** — Enter the new payment amount. The system calculates a new duration.
5. Select **Preview** to generate the updated payment schedule. Review the schedule before confirming.
6. If your company requires a Case ID, select a case from the **Case ID** dropdown. See [Global behaviors — Case ID requirement](/servicing-operations/agent-only-tools/agent-tools-overview#case-id-requirement).
7. Select **Amortize draw**.


The new repayment schedule takes effect immediately for the selected draw.

## Field reference

| Field | Description | Required | Values / Format |
|  --- | --- | --- | --- |
| **Applicable to** | The draw to amortize. | Yes | Select from draws on the loan |
| **Current terms** | The current payment details for the selected draw. | — | Read-only display |
| **Custom plan** | Whether to specify a new duration, a new amount, or use the default. | Yes | Radio: None (use frequency), New remaining duration, New recurring amount |
| **Duration** | The new total number of months remaining. Only shown when custom plan is **New remaining duration**. | Conditional | Number |
| **Recurring amount** | The new recurring payment amount. Only shown when custom plan is **New recurring amount**. | Conditional | Currency |
| **Payment schedule** | Preview of the updated schedule. Select **Preview** to generate. | Yes (must preview) | Read-only display |
| **Case ID** | The case associated with this action. | Conditional | Select from open cases. Required when `forceCaseIdOnAgentActions` is enabled. |


## Related pages

- [Agent-only loan tools](/servicing-operations/agent-only-tools/agent-tools-overview)
- [Defer payments](/servicing-operations/agent-only-tools/agent-tools-deferrals)
- [Change loan terms](/servicing-operations/agent-only-tools/agent-tools-change-terms)
- [Close a loan](/servicing-operations/agent-only-tools/agent-tools-close)