HELOC Calculator

$
$
%
$
%
years
years

Interest-only payment (draw period)

$354.17

Payment during repayment period
$433.91
Payment increase at repayment
$79.74
Interest during draw period
$42,500
Interest during repayment
$54,139
Total interest
$96,639
Estimated maximum credit line
$90,000
Amount borrowed: 34.1%Draw-period interest: 29.0%Repayment interest: 36.9%
  • Amount borrowed$50,00034.1%
  • Draw-period interest$42,50029.0%
  • Repayment interest$54,13936.9%

HELOC rates are usually variable; payments change when the rate does.

Open the full heloc calculator with the formula and FAQs at Calcs for Life