Interest Only HELOC Payment Calculator is a tool to calculate the monthly payments for HELOC loans during the interest only period and the repayment period.
Interest Only HELOC Calculator |
|
HELOC Balance: |
$120,000.00 |
Monthly Payment: |
$712.50 for 60 payments $2,383.23 for 60 payments |
Interest Only Terms: |
5 years |
Total Terms: |
10 years |
Total # Of Payments: |
120 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2034 |
Total Interest Paid: |
$65,743.61 |
Total Payment: |
$185,743.80 |
Interest Only HELOC Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jan, 2025 | 1 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Feb, 2025 | 2 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Mar, 2025 | 3 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Apr, 2025 | 4 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| May, 2025 | 5 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jun, 2025 | 6 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jul, 2025 | 7 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Aug, 2025 | 8 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Sep, 2025 | 9 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Oct, 2025 | 10 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Nov, 2025 | 11 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Dec, 2025 | 12 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jan, 2026 | 13 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Feb, 2026 | 14 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Mar, 2026 | 15 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Apr, 2026 | 16 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| May, 2026 | 17 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jun, 2026 | 18 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jul, 2026 | 19 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Aug, 2026 | 20 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Sep, 2026 | 21 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Oct, 2026 | 22 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Nov, 2026 | 23 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Dec, 2026 | 24 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jan, 2027 | 25 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Feb, 2027 | 26 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Mar, 2027 | 27 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Apr, 2027 | 28 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| May, 2027 | 29 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jun, 2027 | 30 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jul, 2027 | 31 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Aug, 2027 | 32 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Sep, 2027 | 33 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Oct, 2027 | 34 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Nov, 2027 | 35 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Dec, 2027 | 36 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jan, 2028 | 37 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Feb, 2028 | 38 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Mar, 2028 | 39 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Apr, 2028 | 40 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| May, 2028 | 41 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jun, 2028 | 42 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jul, 2028 | 43 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Aug, 2028 | 44 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Sep, 2028 | 45 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Oct, 2028 | 46 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Nov, 2028 | 47 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Dec, 2028 | 48 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jan, 2029 | 49 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Feb, 2029 | 50 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Mar, 2029 | 51 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Apr, 2029 | 52 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| May, 2029 | 53 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jun, 2029 | 54 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jul, 2029 | 55 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Aug, 2029 | 56 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Sep, 2029 | 57 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Oct, 2029 | 58 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Nov, 2029 | 59 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Dec, 2029 | 60 | $712.50 | $0.00 | $712.50 | $120,000.00 | |
| Jan, 2030 | 61 | $712.50 | $1,670.73 | $2,383.23 | $118,329.27 | |
| Feb, 2030 | 62 | $702.58 | $1,680.65 | $2,383.23 | $116,648.62 | |
| Mar, 2030 | 63 | $692.60 | $1,690.63 | $2,383.23 | $114,957.99 | |
| Apr, 2030 | 64 | $682.56 | $1,700.67 | $2,383.23 | $113,257.32 | |
| May, 2030 | 65 | $672.47 | $1,710.76 | $2,383.23 | $111,546.56 | |
| Jun, 2030 | 66 | $662.31 | $1,720.92 | $2,383.23 | $109,825.64 | |
| Jul, 2030 | 67 | $652.09 | $1,731.14 | $2,383.23 | $108,094.50 | |
| Aug, 2030 | 68 | $641.81 | $1,741.42 | $2,383.23 | $106,353.08 | |
| Sep, 2030 | 69 | $631.47 | $1,751.76 | $2,383.23 | $104,601.32 | |
| Oct, 2030 | 70 | $621.07 | $1,762.16 | $2,383.23 | $102,839.16 | |
| Nov, 2030 | 71 | $610.61 | $1,772.62 | $2,383.23 | $101,066.54 | |
| Dec, 2030 | 72 | $600.08 | $1,783.15 | $2,383.23 | $99,283.39 | |
| Jan, 2031 | 73 | $589.50 | $1,793.73 | $2,383.23 | $97,489.66 | |
| Feb, 2031 | 74 | $578.84 | $1,804.39 | $2,383.23 | $95,685.27 | |
| Mar, 2031 | 75 | $568.13 | $1,815.10 | $2,383.23 | $93,870.17 | |
| Apr, 2031 | 76 | $557.35 | $1,825.88 | $2,383.23 | $92,044.29 | |
| May, 2031 | 77 | $546.51 | $1,836.72 | $2,383.23 | $90,207.57 | |
| Jun, 2031 | 78 | $535.61 | $1,847.62 | $2,383.23 | $88,359.95 | |
| Jul, 2031 | 79 | $524.64 | $1,858.59 | $2,383.23 | $86,501.36 | |
| Aug, 2031 | 80 | $513.60 | $1,869.63 | $2,383.23 | $84,631.73 | |
| Sep, 2031 | 81 | $502.50 | $1,880.73 | $2,383.23 | $82,751.00 | |
| Oct, 2031 | 82 | $491.33 | $1,891.90 | $2,383.23 | $80,859.10 | |
| Nov, 2031 | 83 | $480.10 | $1,903.13 | $2,383.23 | $78,955.97 | |
| Dec, 2031 | 84 | $468.80 | $1,914.43 | $2,383.23 | $77,041.54 | |
| Jan, 2032 | 85 | $457.43 | $1,925.80 | $2,383.23 | $75,115.74 | |
| Feb, 2032 | 86 | $446.00 | $1,937.23 | $2,383.23 | $73,178.51 | |
| Mar, 2032 | 87 | $434.50 | $1,948.73 | $2,383.23 | $71,229.78 | |
| Apr, 2032 | 88 | $422.93 | $1,960.30 | $2,383.23 | $69,269.48 | |
| May, 2032 | 89 | $411.29 | $1,971.94 | $2,383.23 | $67,297.54 | |
| Jun, 2032 | 90 | $399.58 | $1,983.65 | $2,383.23 | $65,313.89 | |
| Jul, 2032 | 91 | $387.80 | $1,995.43 | $2,383.23 | $63,318.46 | |
| Aug, 2032 | 92 | $375.95 | $2,007.28 | $2,383.23 | $61,311.18 | |
| Sep, 2032 | 93 | $364.04 | $2,019.19 | $2,383.23 | $59,291.99 | |
| Oct, 2032 | 94 | $352.05 | $2,031.18 | $2,383.23 | $57,260.81 | |
| Nov, 2032 | 95 | $339.99 | $2,043.24 | $2,383.23 | $55,217.57 | |
| Dec, 2032 | 96 | $327.85 | $2,055.38 | $2,383.23 | $53,162.19 | |
| Jan, 2033 | 97 | $315.65 | $2,067.58 | $2,383.23 | $51,094.61 | |
| Feb, 2033 | 98 | $303.37 | $2,079.86 | $2,383.23 | $49,014.75 | |
| Mar, 2033 | 99 | $291.03 | $2,092.20 | $2,383.23 | $46,922.55 | |
| Apr, 2033 | 100 | $278.60 | $2,104.63 | $2,383.23 | $44,817.92 | |
| May, 2033 | 101 | $266.11 | $2,117.12 | $2,383.23 | $42,700.80 | |
| Jun, 2033 | 102 | $253.54 | $2,129.69 | $2,383.23 | $40,571.11 | |
| Jul, 2033 | 103 | $240.89 | $2,142.34 | $2,383.23 | $38,428.77 | |
| Aug, 2033 | 104 | $228.17 | $2,155.06 | $2,383.23 | $36,273.71 | |
| Sep, 2033 | 105 | $215.38 | $2,167.85 | $2,383.23 | $34,105.86 | |
| Oct, 2033 | 106 | $202.50 | $2,180.73 | $2,383.23 | $31,925.13 | |
| Nov, 2033 | 107 | $189.56 | $2,193.67 | $2,383.23 | $29,731.46 | |
| Dec, 2033 | 108 | $176.53 | $2,206.70 | $2,383.23 | $27,524.76 | |
| Jan, 2034 | 109 | $163.43 | $2,219.80 | $2,383.23 | $25,304.96 | |
| Feb, 2034 | 110 | $150.25 | $2,232.98 | $2,383.23 | $23,071.98 | |
| Mar, 2034 | 111 | $136.99 | $2,246.24 | $2,383.23 | $20,825.74 | |
| Apr, 2034 | 112 | $123.65 | $2,259.58 | $2,383.23 | $18,566.16 | |
| May, 2034 | 113 | $110.24 | $2,272.99 | $2,383.23 | $16,293.17 | |
| Jun, 2034 | 114 | $96.74 | $2,286.49 | $2,383.23 | $14,006.68 | |
| Jul, 2034 | 115 | $83.16 | $2,300.07 | $2,383.23 | $11,706.61 | |
| Aug, 2034 | 116 | $69.51 | $2,313.72 | $2,383.23 | $9,392.89 | |
| Sep, 2034 | 117 | $55.77 | $2,327.46 | $2,383.23 | $7,065.43 | |
| Oct, 2034 | 118 | $41.95 | $2,341.28 | $2,383.23 | $4,724.15 | |
| Nov, 2034 | 119 | $28.05 | $2,355.18 | $2,383.23 | $2,368.97 | |
| Dec, 2034 | 120 | $14.07 | $2,369.16 | $2,383.23 | $0.00 | |
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