Home Equity Loan Calculator
Free Online Home Equity Loan Calculator
Calculate discounts, savings, and final prices instantly — with support for stacked deals, bulk tiers, and tax.
Home Equity Loan Calculator
HEL · HELOC · Equity Analysis · HEL vs HELOC Comparison
Your Home
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Loan Details
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Purpose & Fees
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Your Home Equity Breakdown
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Mortgage Balance
Borrowing (this loan)
Remaining Equity
Assessment
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Monthly Payment
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Available Equity
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Max Borrowable
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Combined LTV
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Total Interest
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Total Repaid
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Closing Costs
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Effective APR
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Payoff Date
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📋 Monthly Payment Breakdown
🔮 Scenarios
If rate drops to 7%:
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If you borrow the maximum available:
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If you shorten term to 5 years:
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Total cost including closing costs:
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Vs. personal loan at 12% (same term):
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📊 Yearly Amortisation Schedule
| Year | Payment | Principal | Interest | Balance |
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Key Insights
A HELOC is a revolving line of credit secured by your home equity. It has two phases: a Draw Period (interest-only or minimum payments, access funds anytime) and a Repayment Period (full principal + interest). Rates are typically variable.
Home Details
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HELOC Terms
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Interest-Only Payment (Draw Period)
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Then repayment phase begins
Max Credit Line
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Amount Drawn
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Available to Draw
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Draw Period Payment
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Repayment Payment
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Payment Jump
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Total Interest
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Total Cost (incl. fees)
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📊 HELOC Phase Breakdown
🔮 HELOC Scenarios
If rate rises to 11%:
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If you draw the full credit line:
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Payment shock at repayment phase:
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If you pay extra $500/mo during draw:
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HELOC Insights
Common Inputs
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| Feature | 🏦 HEL (Fixed) | 💳 HELOC (Variable) |
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