HELOC Calculator

Estimate heloc with transparent assumptions.

Choose a HELOC taskEstimate payments for a line or the maximum line available from home equity.

2 options

Include closing costs and feesto be

Loan Amount

Interest Rate

Draw Period

years

Repayment Period

years

Amount

Annual Fee

DRAW PERIOD MONTHLY PAY500 years

Repayment period monthly pay: $1,110.21; total of 120 repayment payments: $133,224.60; total repayment interest: $33,224.60. Closing costs paid upfront: $0.00.

Estimate based on the values shown

Formula checkedDraw-period payment is interest-only plus annual fees; repayment uses fixed amortization. Available credit is value × LTV minus the mortgage balance. Closing costs can be financed, paid upfront, or excluded.

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Useful next steps

$Home Equity LoanEstimate home equity loan with transparent assumptions→$MortgageEstimate mortgage with transparent assumptions→$InterestEstimate interest with transparent assumptions→