Home Equity Loan Calculator

Calculate a home-equity installment payment and combined loan-to-value ratio.

Results

Available borrowing capacity

$90,000

Combined LTV

66.6667 %

Scheduled monthly payment

$555.1

Payments until payoff

120 months

Total principal and interest

$66,612.3

Total interest

$16,612.3

Amortization schedule (CSV)

Month,Payment,Interest,Principal,Balance
1,555.10,250.00,305.10,49694.90
2,555.10,248.47,306.63,49388.27
3,555.10,246.94,308.16,49080.11
4,555.10,245.40,309.70,48770.41
5,555.10,243.85,311.25,48459.16
6,555.10,242.30,312.81,48146.35
7,555.10,240.73,314.37,47831.98
8,555.10,239.16,315.94,47516.04
9,555.10,237.58,317.52,47198.51
10,555.10,235.99,319.11,46879.40
11,555.10,234.40,320.71,46558.70
12,555.10,232.79,322.31,46236.39
13,555.10,231.18,323.92,45912.47
14,555.10,229.56,325.54,45586.93
15,555.10,227.93,327.17,45259.76
16,555.10,226.30,328.80,44930.96
17,555.10,224.65,330.45,44600.51
18,555.10,223.00,332.10,44268.41
19,555.10,221.34,333.76,43934.65
20,555.10,219.67,335.43,43599.22
21,555.10,218.00,337.11,43262.11
22,555.10,216.31,338.79,42923.32
23,555.10,214.62,340.49,42582.83
24,555.10,212.91,342.19,42240.65
25,555.10,211.20,343.90,41896.75
26,555.10,209.48,345.62,41551.13
27,555.10,207.76,347.35,41203.78
28,555.10,206.02,349.08,40854.70
29,555.10,204.27,350.83,40503.87
30,555.10,202.52,352.58,40151.29
31,555.10,200.76,354.35,39796.94
32,555.10,198.98,356.12,39440.82
33,555.10,197.20,357.90,39082.92
34,555.10,195.41,359.69,38723.24
35,555.10,193.62,361.49,38361.75
36,555.10,191.81,363.29,37998.46
37,555.10,189.99,365.11,37633.35
38,555.10,188.17,366.94,37266.41
39,555.10,186.33,368.77,36897.64
40,555.10,184.49,370.61,36527.02
41,555.10,182.64,372.47,36154.56
42,555.10,180.77,374.33,35780.23
43,555.10,178.90,376.20,35404.03
44,555.10,177.02,378.08,35025.94
45,555.10,175.13,379.97,34645.97
46,555.10,173.23,381.87,34264.10
47,555.10,171.32,383.78,33880.32
48,555.10,169.40,385.70,33494.62
49,555.10,167.47,387.63,33106.99
50,555.10,165.53,389.57,32717.42
51,555.10,163.59,391.52,32325.90
52,555.10,161.63,393.47,31932.43
53,555.10,159.66,395.44,31536.99
54,555.10,157.68,397.42,31139.57
55,555.10,155.70,399.40,30740.17
56,555.10,153.70,401.40,30338.77
57,555.10,151.69,403.41,29935.36
58,555.10,149.68,405.43,29529.93
59,555.10,147.65,407.45,29122.48
60,555.10,145.61,409.49,28712.99
61,555.10,143.56,411.54,28301.45
62,555.10,141.51,413.60,27887.86
63,555.10,139.44,415.66,27472.19
64,555.10,137.36,417.74,27054.45
65,555.10,135.27,419.83,26634.62
66,555.10,133.17,421.93,26212.69
67,555.10,131.06,424.04,25788.65
68,555.10,128.94,426.16,25362.49
69,555.10,126.81,428.29,24934.20
70,555.10,124.67,430.43,24503.77
71,555.10,122.52,432.58,24071.19
72,555.10,120.36,434.75,23636.44
73,555.10,118.18,436.92,23199.52
74,555.10,116.00,439.10,22760.42
75,555.10,113.80,441.30,22319.12
76,555.10,111.60,443.51,21875.61
77,555.10,109.38,445.72,21429.88
78,555.10,107.15,447.95,20981.93
79,555.10,104.91,450.19,20531.74
80,555.10,102.66,452.44,20079.29
81,555.10,100.40,454.71,19624.59
82,555.10,98.12,456.98,19167.61
83,555.10,95.84,459.26,18708.34
84,555.10,93.54,461.56,18246.78
85,555.10,91.23,463.87,17782.92
86,555.10,88.91,466.19,17316.73
87,555.10,86.58,468.52,16848.21
88,555.10,84.24,470.86,16377.35
89,555.10,81.89,473.22,15904.13
90,555.10,79.52,475.58,15428.55
91,555.10,77.14,477.96,14950.59
92,555.10,74.75,480.35,14470.24
93,555.10,72.35,482.75,13987.49
94,555.10,69.94,485.17,13502.32
95,555.10,67.51,487.59,13014.73
96,555.10,65.07,490.03,12524.70
97,555.10,62.62,492.48,12032.22
98,555.10,60.16,494.94,11537.28
99,555.10,57.69,497.42,11039.87
100,555.10,55.20,499.90,10539.96
101,555.10,52.70,502.40,10037.56
102,555.10,50.19,504.91,9532.65
103,555.10,47.66,507.44,9025.21
104,555.10,45.13,509.98,8515.23
105,555.10,42.58,512.53,8002.70
106,555.10,40.01,515.09,7487.62
107,555.10,37.44,517.66,6969.95
108,555.10,34.85,520.25,6449.70
109,555.10,32.25,522.85,5926.84
110,555.10,29.63,525.47,5401.38
111,555.10,27.01,528.10,4873.28
112,555.10,24.37,530.74,4342.54
113,555.10,21.71,533.39,3809.15
114,555.10,19.05,536.06,3273.10
115,555.10,16.37,538.74,2734.36
116,555.10,13.67,541.43,2192.93
117,555.10,10.96,544.14,1648.79
118,555.10,8.24,546.86,1101.93
119,555.10,5.51,549.59,552.34
120,555.10,2.76,552.34,0.00

How It Works

Available equity=max(0,home value×maximum CLTV−existing liens). A quoted maximum CLTV is not an approval guarantee.

Reference Sources

CFPB: mortgage principal and interest

FAQs

How does this calculator work?

Available equity=max(0,home value×maximum CLTV−existing liens). A quoted maximum CLTV is not an approval guarantee.

What assumptions should I check?

Check the units and definitions shown beside each input. Results use the values you enter.