HELOC Calculator

Calculate HELOC payments for draw and repayment periods. See max available credit and total interest cost.

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years
years

Max HELOC Available

$80,000.00

Interest-Only Payment

$354.17/mo

During draw period

P&I Payment

$433.91/mo

During repayment

HELOC Details

HELOC Amount$50,000.00
Combined LTV73.3%
Draw Period Interest-Only$354.17/mo
Repayment Period P&I$433.91/mo
Interest During Draw Period$42,500.00
Interest During Repayment$54,138.79
Total Interest Paid$96,638.79

HELOC vs Cash-Out Refinance

HELOC Monthly (repayment)$433.91/mo
Cash-Out Refi Monthly (7%, 30yr)$2,195.50/mo
HELOC Total Interest$96,638.79
Cash-Out Refi Total Interest$460,379.36

Use the HELOC Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.