Home Equity Loan Calculator
Compute the fixed monthly payment and total interest on a lump-sum home equity loan.
Your home value and loan numbers stay on this page — nothing is uploadedTry: HELOC balance=50000, APR=8, Term (months)=240 → $418.22, $100,372.81, $50,372.81
How to use
Enter the loan amount, APR, and term. The calculator returns the level monthly payment and the total interest over the life of the loan.
FAQ
Is this the same as a HELOC?
No. A home equity loan is a fixed lump sum with set payments; a HELOC is a revolving line you draw from.