HELOC Payment Calculator

Model an interest-only draw period followed by amortizing repayment, with total-interest estimates and an explicit fixed-rate limitation.

HELOC balance

Assumed annual rate (%)

Interest-only years

Repayment years

—Interest-only payment

—Repayment payment

—Estimated total interest

—Estimated total paid

Fixed-rate scenario only. Many HELOCs have variable rates, draws and repayments during the draw period, annual fees, minimum draws, rate caps/floors, and lender-specific payment rules.

How to use this HELOC Payment Calculator

Model an interest-only draw period followed by amortizing repayment, with total-interest estimates and an explicit fixed-rate limitation.

Practical tips and limits

Change the assumptions to match the scenario you want to model. Results are browser-local estimates and are not lender, landlord, tax, legal, or investment advice. Real contracts can use different timing, fees, eligibility rules, and rate conventions.