Home Equity Line of Credit

HELOC Calculator

Estimate draw period payments, repayment costs & total interest

Property & Equity
$
$450K
$
$200K
85%
Max line: $182,500
$
$80K
Loan Terms
%
8.50%
10 yrs
20 yrs
100%
Draw Period Payment
—
Interest-only / mo
Repayment Payment
—
Principal + interest / mo
Total Interest
—
Over full term
Amount Drawn
—
—
Total Cost of Borrowing
—
Principal + all interest
Draw Period Interest
—
—
Repayment Interest
—
—

Loan Timeline

Draw
Repayment
Draw Period Repayment Period

Year-by-Year Schedule

Year Phase Mo. Payment Principal Paid Interest Paid Balance
Disclaimer: This calculator provides estimates for educational purposes only. Actual HELOC terms, rates, and payments vary by lender and may include fees, variable rate adjustments, and other conditions not modeled here. Consult a licensed financial advisor or mortgage professional before making any borrowing decisions.
Rate Scenario Comparison

Compare monthly payments and total interest across three rate scenarios using the same loan setup from the Basic tab.

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Early Payoff Estimator

See how extra monthly payments during repayment shorten your loan and reduce interest.

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