Home Equity Payment Calculator
See how affordable your payments can be with our home equity payment calculator.
Apply
Learn more
You can get a lot done with these budget-friendly funds
One great thing about home equity loans is that you can use them to buy, build, or do almost anything. Another big advantage is that by putting your home up as collateral, you benefit from fairly low interest rates. Use our home equity payment calculator to figure out what the monthly payments on a home equity loan might be and how your interest charges will shrink as each year passes by.
Estimate your payment with our home equity payment calculator
To use our home equity payment calculator, we recommend you have the following items ready:
- Loan amount: the total sum you are borrowing from a lender to repay over time, usually with interest.
- Term: the length of time (in months) you have to repay your loan
- Interest rate: the annual percentage rate (APR) associated with your loan