Finance Calculators

HELOC + Repayment

Estimate interest-only draw payments and amortized repayment payments.

Enter your HELOC balance, rate, and phase lengths.

Draw amount

USD

Annual interest rate

Draw period (interest-only)

yrs

Repayment period

yrs

Compare interest-only draw payments with full repayment.

Draw period payment

$708.33 /mo

Repayment period payment

$867.82 /mo

Repayment payment is typically higher — plan for the jump. Your payment could increase by $159.49 (22.5%).

Draw period total interest$85,000.00

Repayment period total interest$108,277.58

Total interest (full term)$193,277.58