Credit Line Interest

Hi All, I’m thinking of taking some of my Credit Line but want to understand a bit more. If let’s say I have 9400$ Credit Line available and I take 9000$ will I have to pay 9000 + 11.9% if I pay it in the first year? Let’s say I take 8000 and I put 800$ every month to pay it back, I will be able to pay it in a year with only the added 11.9% yes? And my Tokens will not be locked. Any help will be appreciated.