HELOC Payment Calculator

Calculate your HELOC monthly payment in both the draw period and repayment period.

Monthly Interest Payment
$342
Monthly Interest Payment
$342
Annual Interest Cost
$4,100
Available Equity
$82,500
Combined LTV After HELOC
77.78%
Diagnostic

Your headline result: $342.

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Coach Insight

HELOCs have two phases: a draw period (typically 10 years, interest-only payments) and a repayment period (10–20 years, principal + interest). The payment jump at the start of repayment surprises many homeowners. Run the numbers first.

Frequently Asked Questions

Everything you need to know.

Why This Matters

HELOCs have two phases: a draw period (typically 10 years, interest-only payments) and a repayment period (10–20 years, principal + interest). The payment jump at the start of repayment surprises many homeowners. Run the numbers first.

How to Use It

  1. 1Enter your HELOC balance and interest rate
  2. 2Set draw period and repayment period lengths
  3. 3See interest-only payment during draw vs full payment at repayment
  4. 4Plan for the payment increase before it hits

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