HELOC Calculator
HELOC Calculator
Estimate your Home Equity Line of Credit availability, draw period payments, and repayment costs.
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Max HELOC Available
$160,000
85% LTV limit · $510,000 max - $350,000 mortgage
Monthly Draw Payment (Interest-Only)
$354
8.5% rate on $50,000 during 10-yr draw period
Monthly Repayment Payment
$450
9% rate fully amortized over 20 years
Total Interest Paid
$100,467
Draw: $42,500 + Repayment: $57,967
How to Use This Calculator
Enter your home value, existing mortgage balance, and the HELOC credit limit you need to see estimated draw-period and repayment-period payments. Adjust the interest rate and draw amount to understand how different scenarios affect your monthly obligation.