HELOC Calculator

Calculate your available HELOC line, draw-period interest payments, and repayment-period amortizing payments.

Home Value ($)

Mortgage Balance ($)

Max LTV (%)

HELOC APR (%)

Draw Period (years)

Repayment Period (years)

Draw Amount ($)

Home Equity$170,000.00

Max HELOC Line$102,500.00

Combined LTV73.3%

Draw Period (10 years — interest only)

Monthly payment:$354.17

Total interest (draw phase):$42,500.00

Repayment Period (20 years — amortizing)

Monthly payment:$433.91

Total paid (repay phase):$104,138.79

Interest (repay phase):$54,138.79

Amount Drawn$50,000.00

Total Interest$96,638.79

Total Cost$146,638.79