HELOC Calculator

HELOC Calculator is an useful tool to calculate the monthly payments for home equity line of credit based on the HELOC balance, interest rate, interest-only period, and repayment period. The home equity line of credit calculator is useful for homeowners to calculate the costs of getting a HELOC loan.

HELOC Payment Calculator

HELOC Balance
Interest Rate
Interest Only Period
years
Repayment Period
years
First Payment Date
Amortization Schedule
Show By Month Year

HELOC Loan Calculator

HELOC Balance:
$120,000.00
Monthly Payment:
$745.00 for 60 payments
$2,401.70 for 60 payments
Interest Only Terms:
5 years
Total Terms:
10 years
Total # Of Payments:
120
Start Date:
Sep, 2023
Payoff Date:
Aug, 2033
Total Interest Paid:
$68,802.26
Total Payment:
$188,802.26

HELOC Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Sep, 2023 1 $745.00 $0.00 $745.00 $120,000.00
Oct, 2023 2 $745.00 $0.00 $745.00 $120,000.00
Nov, 2023 3 $745.00 $0.00 $745.00 $120,000.00
Dec, 2023 4 $745.00 $0.00 $745.00 $120,000.00
Jan, 2024 5 $745.00 $0.00 $745.00 $120,000.00
Feb, 2024 6 $745.00 $0.00 $745.00 $120,000.00
Mar, 2024 7 $745.00 $0.00 $745.00 $120,000.00
Apr, 2024 8 $745.00 $0.00 $745.00 $120,000.00
May, 2024 9 $745.00 $0.00 $745.00 $120,000.00
Jun, 2024 10 $745.00 $0.00 $745.00 $120,000.00
Jul, 2024 11 $745.00 $0.00 $745.00 $120,000.00
Aug, 2024 12 $745.00 $0.00 $745.00 $120,000.00
Sep, 2024 13 $745.00 $0.00 $745.00 $120,000.00
Oct, 2024 14 $745.00 $0.00 $745.00 $120,000.00
Nov, 2024 15 $745.00 $0.00 $745.00 $120,000.00
Dec, 2024 16 $745.00 $0.00 $745.00 $120,000.00
Jan, 2025 17 $745.00 $0.00 $745.00 $120,000.00
Feb, 2025 18 $745.00 $0.00 $745.00 $120,000.00
Mar, 2025 19 $745.00 $0.00 $745.00 $120,000.00
Apr, 2025 20 $745.00 $0.00 $745.00 $120,000.00
May, 2025 21 $745.00 $0.00 $745.00 $120,000.00
Jun, 2025 22 $745.00 $0.00 $745.00 $120,000.00
Jul, 2025 23 $745.00 $0.00 $745.00 $120,000.00
Aug, 2025 24 $745.00 $0.00 $745.00 $120,000.00
Sep, 2025 25 $745.00 $0.00 $745.00 $120,000.00
Oct, 2025 26 $745.00 $0.00 $745.00 $120,000.00
Nov, 2025 27 $745.00 $0.00 $745.00 $120,000.00
Dec, 2025 28 $745.00 $0.00 $745.00 $120,000.00
Jan, 2026 29 $745.00 $0.00 $745.00 $120,000.00
Feb, 2026 30 $745.00 $0.00 $745.00 $120,000.00
Mar, 2026 31 $745.00 $0.00 $745.00 $120,000.00
Apr, 2026 32 $745.00 $0.00 $745.00 $120,000.00
May, 2026 33 $745.00 $0.00 $745.00 $120,000.00
Jun, 2026 34 $745.00 $0.00 $745.00 $120,000.00
Jul, 2026 35 $745.00 $0.00 $745.00 $120,000.00
Aug, 2026 36 $745.00 $0.00 $745.00 $120,000.00
Sep, 2026 37 $745.00 $0.00 $745.00 $120,000.00
Oct, 2026 38 $745.00 $0.00 $745.00 $120,000.00
Nov, 2026 39 $745.00 $0.00 $745.00 $120,000.00
Dec, 2026 40 $745.00 $0.00 $745.00 $120,000.00
Jan, 2027 41 $745.00 $0.00 $745.00 $120,000.00
Feb, 2027 42 $745.00 $0.00 $745.00 $120,000.00
Mar, 2027 43 $745.00 $0.00 $745.00 $120,000.00
Apr, 2027 44 $745.00 $0.00 $745.00 $120,000.00
May, 2027 45 $745.00 $0.00 $745.00 $120,000.00
Jun, 2027 46 $745.00 $0.00 $745.00 $120,000.00
Jul, 2027 47 $745.00 $0.00 $745.00 $120,000.00
Aug, 2027 48 $745.00 $0.00 $745.00 $120,000.00
Sep, 2027 49 $745.00 $0.00 $745.00 $120,000.00
Oct, 2027 50 $745.00 $0.00 $745.00 $120,000.00
Nov, 2027 51 $745.00 $0.00 $745.00 $120,000.00
Dec, 2027 52 $745.00 $0.00 $745.00 $120,000.00
Jan, 2028 53 $745.00 $0.00 $745.00 $120,000.00
Feb, 2028 54 $745.00 $0.00 $745.00 $120,000.00
Mar, 2028 55 $745.00 $0.00 $745.00 $120,000.00
Apr, 2028 56 $745.00 $0.00 $745.00 $120,000.00
May, 2028 57 $745.00 $0.00 $745.00 $120,000.00
Jun, 2028 58 $745.00 $0.00 $745.00 $120,000.00
Jul, 2028 59 $745.00 $0.00 $745.00 $120,000.00
Aug, 2028 60 $745.00 $0.00 $745.00 $120,000.00
Sep, 2028 61 $745.00 $1,656.70 $2,401.70 $118,343.30
Oct, 2028 62 $734.71 $1,666.99 $2,401.70 $116,676.31
Nov, 2028 63 $724.37 $1,677.33 $2,401.70 $114,998.98
Dec, 2028 64 $713.95 $1,687.75 $2,401.70 $113,311.23
Jan, 2029 65 $703.47 $1,698.23 $2,401.70 $111,613.00
Feb, 2029 66 $692.93 $1,708.77 $2,401.70 $109,904.23
Mar, 2029 67 $682.32 $1,719.38 $2,401.70 $108,184.85
Apr, 2029 68 $671.65 $1,730.05 $2,401.70 $106,454.80
May, 2029 69 $660.91 $1,740.79 $2,401.70 $104,714.01
Jun, 2029 70 $650.10 $1,751.60 $2,401.70 $102,962.41
Jul, 2029 71 $639.22 $1,762.48 $2,401.70 $101,199.93
Aug, 2029 72 $628.28 $1,773.42 $2,401.70 $99,426.51
Sep, 2029 73 $617.27 $1,784.43 $2,401.70 $97,642.08
Oct, 2029 74 $606.19 $1,795.51 $2,401.70 $95,846.57
Nov, 2029 75 $595.05 $1,806.65 $2,401.70 $94,039.92
Dec, 2029 76 $583.83 $1,817.87 $2,401.70 $92,222.05
Jan, 2030 77 $572.55 $1,829.15 $2,401.70 $90,392.90
Feb, 2030 78 $561.19 $1,840.51 $2,401.70 $88,552.39
Mar, 2030 79 $549.76 $1,851.94 $2,401.70 $86,700.45
Apr, 2030 80 $538.27 $1,863.43 $2,401.70 $84,837.02
May, 2030 81 $526.70 $1,875.00 $2,401.70 $82,962.02
Jun, 2030 82 $515.06 $1,886.64 $2,401.70 $81,075.38
Jul, 2030 83 $503.34 $1,898.36 $2,401.70 $79,177.02
Aug, 2030 84 $491.56 $1,910.14 $2,401.70 $77,266.88
Sep, 2030 85 $479.70 $1,922.00 $2,401.70 $75,344.88
Oct, 2030 86 $467.77 $1,933.93 $2,401.70 $73,410.95
Nov, 2030 87 $455.76 $1,945.94 $2,401.70 $71,465.01
Dec, 2030 88 $443.68 $1,958.02 $2,401.70 $69,506.99
Jan, 2031 89 $431.52 $1,970.18 $2,401.70 $67,536.81
Feb, 2031 90 $419.29 $1,982.41 $2,401.70 $65,554.40
Mar, 2031 91 $406.98 $1,994.72 $2,401.70 $63,559.68
Apr, 2031 92 $394.60 $2,007.10 $2,401.70 $61,552.58
May, 2031 93 $382.14 $2,019.56 $2,401.70 $59,533.02
Jun, 2031 94 $369.60 $2,032.10 $2,401.70 $57,500.92
Jul, 2031 95 $356.98 $2,044.72 $2,401.70 $55,456.20
Aug, 2031 96 $344.29 $2,057.41 $2,401.70 $53,398.79
Sep, 2031 97 $331.52 $2,070.18 $2,401.70 $51,328.61
Oct, 2031 98 $318.67 $2,083.03 $2,401.70 $49,245.58
Nov, 2031 99 $305.73 $2,095.97 $2,401.70 $47,149.61
Dec, 2031 100 $292.72 $2,108.98 $2,401.70 $45,040.63
Jan, 2032 101 $279.63 $2,122.07 $2,401.70 $42,918.56
Feb, 2032 102 $266.45 $2,135.25 $2,401.70 $40,783.31
Mar, 2032 103 $253.20 $2,148.50 $2,401.70 $38,634.81
Apr, 2032 104 $239.86 $2,161.84 $2,401.70 $36,472.97
May, 2032 105 $226.44 $2,175.26 $2,401.70 $34,297.71
Jun, 2032 106 $212.93 $2,188.77 $2,401.70 $32,108.94
Jul, 2032 107 $199.34 $2,202.36 $2,401.70 $29,906.58
Aug, 2032 108 $185.67 $2,216.03 $2,401.70 $27,690.55
Sep, 2032 109 $171.91 $2,229.79 $2,401.70 $25,460.76
Oct, 2032 110 $158.07 $2,243.63 $2,401.70 $23,217.13
Nov, 2032 111 $144.14 $2,257.56 $2,401.70 $20,959.57
Dec, 2032 112 $130.12 $2,271.58 $2,401.70 $18,687.99
Jan, 2033 113 $116.02 $2,285.68 $2,401.70 $16,402.31
Feb, 2033 114 $101.83 $2,299.87 $2,401.70 $14,102.44
Mar, 2033 115 $87.55 $2,314.15 $2,401.70 $11,788.29
Apr, 2033 116 $73.19 $2,328.51 $2,401.70 $9,459.78
May, 2033 117 $58.73 $2,342.97 $2,401.70 $7,116.81
Jun, 2033 118 $44.18 $2,357.52 $2,401.70 $4,759.29
Jul, 2033 119 $29.55 $2,372.15 $2,401.70 $2,387.14
Aug, 2033 120 $14.82 $2,387.14 $2,401.96 $0.00

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