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HELOC Payment Calculator

HELOC Payment Calculator excel is used to calculate monthly payment for your HELOC loan. The HELOC calculator is calculated based on your current HELOC balance, interest rate, interest only period and repayment period. Home equity line of credit calculator excel will calculate the payments and show you an amortization schedule for each payment. The HELOC amortization schedule is printable, and you can export it to excel or as a pdf file.

HELOC Calculator

Current HELOC Balance
Interest Rate
Interest Only Period
years
Repayment Period
years
First Payment Date
Amortization schedule
Show By Month Show By Year

HELOC Results

Current HELOC Balance:
$300,000.00
Monthly Payment:
$1,250.00 for 72 payments
$5,661.37 for 60 payments
Interest Only Terms:
6 years
Total Terms:
11 years
Total # Of Payments:
132
Start Date:
Jun, 2021
Payoff Date:
May, 2032
Total Interest Paid:
$129,682.25
Total Payment:
$429,682.25

HELOC Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jun, 2021 1 $1,250.00 $0.00 $1,250.00 $300,000.00
Jul, 2021 2 $1,250.00 $0.00 $1,250.00 $300,000.00
Aug, 2021 3 $1,250.00 $0.00 $1,250.00 $300,000.00
Sep, 2021 4 $1,250.00 $0.00 $1,250.00 $300,000.00
Oct, 2021 5 $1,250.00 $0.00 $1,250.00 $300,000.00
Nov, 2021 6 $1,250.00 $0.00 $1,250.00 $300,000.00
Dec, 2021 7 $1,250.00 $0.00 $1,250.00 $300,000.00
Jan, 2022 8 $1,250.00 $0.00 $1,250.00 $300,000.00
Feb, 2022 9 $1,250.00 $0.00 $1,250.00 $300,000.00
Mar, 2022 10 $1,250.00 $0.00 $1,250.00 $300,000.00
Apr, 2022 11 $1,250.00 $0.00 $1,250.00 $300,000.00
May, 2022 12 $1,250.00 $0.00 $1,250.00 $300,000.00
Jun, 2022 13 $1,250.00 $0.00 $1,250.00 $300,000.00
Jul, 2022 14 $1,250.00 $0.00 $1,250.00 $300,000.00
Aug, 2022 15 $1,250.00 $0.00 $1,250.00 $300,000.00
Sep, 2022 16 $1,250.00 $0.00 $1,250.00 $300,000.00
Oct, 2022 17 $1,250.00 $0.00 $1,250.00 $300,000.00
Nov, 2022 18 $1,250.00 $0.00 $1,250.00 $300,000.00
Dec, 2022 19 $1,250.00 $0.00 $1,250.00 $300,000.00
Jan, 2023 20 $1,250.00 $0.00 $1,250.00 $300,000.00
Feb, 2023 21 $1,250.00 $0.00 $1,250.00 $300,000.00
Mar, 2023 22 $1,250.00 $0.00 $1,250.00 $300,000.00
Apr, 2023 23 $1,250.00 $0.00 $1,250.00 $300,000.00
May, 2023 24 $1,250.00 $0.00 $1,250.00 $300,000.00
Jun, 2023 25 $1,250.00 $0.00 $1,250.00 $300,000.00
Jul, 2023 26 $1,250.00 $0.00 $1,250.00 $300,000.00
Aug, 2023 27 $1,250.00 $0.00 $1,250.00 $300,000.00
Sep, 2023 28 $1,250.00 $0.00 $1,250.00 $300,000.00
Oct, 2023 29 $1,250.00 $0.00 $1,250.00 $300,000.00
Nov, 2023 30 $1,250.00 $0.00 $1,250.00 $300,000.00
Dec, 2023 31 $1,250.00 $0.00 $1,250.00 $300,000.00
Jan, 2024 32 $1,250.00 $0.00 $1,250.00 $300,000.00
Feb, 2024 33 $1,250.00 $0.00 $1,250.00 $300,000.00
Mar, 2024 34 $1,250.00 $0.00 $1,250.00 $300,000.00
Apr, 2024 35 $1,250.00 $0.00 $1,250.00 $300,000.00
May, 2024 36 $1,250.00 $0.00 $1,250.00 $300,000.00
Jun, 2024 37 $1,250.00 $0.00 $1,250.00 $300,000.00
Jul, 2024 38 $1,250.00 $0.00 $1,250.00 $300,000.00
Aug, 2024 39 $1,250.00 $0.00 $1,250.00 $300,000.00
Sep, 2024 40 $1,250.00 $0.00 $1,250.00 $300,000.00
Oct, 2024 41 $1,250.00 $0.00 $1,250.00 $300,000.00
Nov, 2024 42 $1,250.00 $0.00 $1,250.00 $300,000.00
Dec, 2024 43 $1,250.00 $0.00 $1,250.00 $300,000.00
Jan, 2025 44 $1,250.00 $0.00 $1,250.00 $300,000.00
Feb, 2025 45 $1,250.00 $0.00 $1,250.00 $300,000.00
Mar, 2025 46 $1,250.00 $0.00 $1,250.00 $300,000.00
Apr, 2025 47 $1,250.00 $0.00 $1,250.00 $300,000.00
May, 2025 48 $1,250.00 $0.00 $1,250.00 $300,000.00
Jun, 2025 49 $1,250.00 $0.00 $1,250.00 $300,000.00
Jul, 2025 50 $1,250.00 $0.00 $1,250.00 $300,000.00
Aug, 2025 51 $1,250.00 $0.00 $1,250.00 $300,000.00
Sep, 2025 52 $1,250.00 $0.00 $1,250.00 $300,000.00
Oct, 2025 53 $1,250.00 $0.00 $1,250.00 $300,000.00
Nov, 2025 54 $1,250.00 $0.00 $1,250.00 $300,000.00
Dec, 2025 55 $1,250.00 $0.00 $1,250.00 $300,000.00
Jan, 2026 56 $1,250.00 $0.00 $1,250.00 $300,000.00
Feb, 2026 57 $1,250.00 $0.00 $1,250.00 $300,000.00
Mar, 2026 58 $1,250.00 $0.00 $1,250.00 $300,000.00
Apr, 2026 59 $1,250.00 $0.00 $1,250.00 $300,000.00
May, 2026 60 $1,250.00 $0.00 $1,250.00 $300,000.00
Jun, 2026 61 $1,250.00 $0.00 $1,250.00 $300,000.00
Jul, 2026 62 $1,250.00 $0.00 $1,250.00 $300,000.00
Aug, 2026 63 $1,250.00 $0.00 $1,250.00 $300,000.00
Sep, 2026 64 $1,250.00 $0.00 $1,250.00 $300,000.00
Oct, 2026 65 $1,250.00 $0.00 $1,250.00 $300,000.00
Nov, 2026 66 $1,250.00 $0.00 $1,250.00 $300,000.00
Dec, 2026 67 $1,250.00 $0.00 $1,250.00 $300,000.00
Jan, 2027 68 $1,250.00 $0.00 $1,250.00 $300,000.00
Feb, 2027 69 $1,250.00 $0.00 $1,250.00 $300,000.00
Mar, 2027 70 $1,250.00 $0.00 $1,250.00 $300,000.00
Apr, 2027 71 $1,250.00 $0.00 $1,250.00 $300,000.00
May, 2027 72 $1,250.00 $0.00 $1,250.00 $300,000.00
Jun, 2027 73 $1,250.00 $4,411.37 $5,661.37 $295,588.63
Jul, 2027 74 $1,231.62 $4,429.75 $5,661.37 $291,158.88
Aug, 2027 75 $1,213.16 $4,448.21 $5,661.37 $286,710.67
Sep, 2027 76 $1,194.63 $4,466.74 $5,661.37 $282,243.93
Oct, 2027 77 $1,176.02 $4,485.35 $5,661.37 $277,758.58
Nov, 2027 78 $1,157.33 $4,504.04 $5,661.37 $273,254.54
Dec, 2027 79 $1,138.56 $4,522.81 $5,661.37 $268,731.73
Jan, 2028 80 $1,119.72 $4,541.65 $5,661.37 $264,190.08
Feb, 2028 81 $1,100.79 $4,560.58 $5,661.37 $259,629.50
Mar, 2028 82 $1,081.79 $4,579.58 $5,661.37 $255,049.92
Apr, 2028 83 $1,062.71 $4,598.66 $5,661.37 $250,451.26
May, 2028 84 $1,043.55 $4,617.82 $5,661.37 $245,833.44
Jun, 2028 85 $1,024.31 $4,637.06 $5,661.37 $241,196.38
Jul, 2028 86 $1,004.98 $4,656.39 $5,661.37 $236,539.99
Aug, 2028 87 $985.58 $4,675.79 $5,661.37 $231,864.20
Sep, 2028 88 $966.10 $4,695.27 $5,661.37 $227,168.93
Oct, 2028 89 $946.54 $4,714.83 $5,661.37 $222,454.10
Nov, 2028 90 $926.89 $4,734.48 $5,661.37 $217,719.62
Dec, 2028 91 $907.17 $4,754.20 $5,661.37 $212,965.42
Jan, 2029 92 $887.36 $4,774.01 $5,661.37 $208,191.41
Feb, 2029 93 $867.46 $4,793.91 $5,661.37 $203,397.50
Mar, 2029 94 $847.49 $4,813.88 $5,661.37 $198,583.62
Apr, 2029 95 $827.43 $4,833.94 $5,661.37 $193,749.68
May, 2029 96 $807.29 $4,854.08 $5,661.37 $188,895.60
Jun, 2029 97 $787.07 $4,874.30 $5,661.37 $184,021.30
Jul, 2029 98 $766.76 $4,894.61 $5,661.37 $179,126.69
Aug, 2029 99 $746.36 $4,915.01 $5,661.37 $174,211.68
Sep, 2029 100 $725.88 $4,935.49 $5,661.37 $169,276.19
Oct, 2029 101 $705.32 $4,956.05 $5,661.37 $164,320.14
Nov, 2029 102 $684.67 $4,976.70 $5,661.37 $159,343.44
Dec, 2029 103 $663.93 $4,997.44 $5,661.37 $154,346.00
Jan, 2030 104 $643.11 $5,018.26 $5,661.37 $149,327.74
Feb, 2030 105 $622.20 $5,039.17 $5,661.37 $144,288.57
Mar, 2030 106 $601.20 $5,060.17 $5,661.37 $139,228.40
Apr, 2030 107 $580.12 $5,081.25 $5,661.37 $134,147.15
May, 2030 108 $558.95 $5,102.42 $5,661.37 $129,044.73
Jun, 2030 109 $537.69 $5,123.68 $5,661.37 $123,921.05
Jul, 2030 110 $516.34 $5,145.03 $5,661.37 $118,776.02
Aug, 2030 111 $494.90 $5,166.47 $5,661.37 $113,609.55
Sep, 2030 112 $473.37 $5,188.00 $5,661.37 $108,421.55
Oct, 2030 113 $451.76 $5,209.61 $5,661.37 $103,211.94
Nov, 2030 114 $430.05 $5,231.32 $5,661.37 $97,980.62
Dec, 2030 115 $408.25 $5,253.12 $5,661.37 $92,727.50
Jan, 2031 116 $386.36 $5,275.01 $5,661.37 $87,452.49
Feb, 2031 117 $364.39 $5,296.98 $5,661.37 $82,155.51
Mar, 2031 118 $342.31 $5,319.06 $5,661.37 $76,836.45
Apr, 2031 119 $320.15 $5,341.22 $5,661.37 $71,495.23
May, 2031 120 $297.90 $5,363.47 $5,661.37 $66,131.76
Jun, 2031 121 $275.55 $5,385.82 $5,661.37 $60,745.94
Jul, 2031 122 $253.11 $5,408.26 $5,661.37 $55,337.68
Aug, 2031 123 $230.57 $5,430.80 $5,661.37 $49,906.88
Sep, 2031 124 $207.95 $5,453.42 $5,661.37 $44,453.46
Oct, 2031 125 $185.22 $5,476.15 $5,661.37 $38,977.31
Nov, 2031 126 $162.41 $5,498.96 $5,661.37 $33,478.35
Dec, 2031 127 $139.49 $5,521.88 $5,661.37 $27,956.47
Jan, 2032 128 $116.49 $5,544.88 $5,661.37 $22,411.59
Feb, 2032 129 $93.38 $5,567.99 $5,661.37 $16,843.60
Mar, 2032 130 $70.18 $5,591.19 $5,661.37 $11,252.41
Apr, 2032 131 $46.89 $5,614.48 $5,661.37 $5,637.93
May, 2032 132 $23.49 $5,637.93 $5,661.42 $0.00

Home equity line of credit calculator excel

You can share the result of your calculation from the home equity line of credit calculator with anyone by coping and pasting the link below.




What is a home equity line of credit?

A home equity line of credit or HELOC is a line of credit secured by your home. If you need to pay off high-interest credit card debts, or other large expenses, you can consider HELOC as it often has a much lower interest rate than other types of loans such as credit cards.


How does HELOC work?

HELOC allows you to borrow money using your house as collateral. The amount of money you can borrow depends on your equity in the house. As you repay your home loan, you build equity on your home. The more equity you have in your home, the more you can borrow. You can borrow using the HELOC again and again because when you repay your home loan, you are building equity at the same time.


How to qualify for a HELOC?

To qualify for HELOC, you need to have enough equity in your home. The amount that you owe on your home must be less than the value of your home, otherwise, you have no equity. Many banks allow you to borrow up to 85% of your home minus the amount you owe. The process of applying for a HELOC is similar to when you apply for a mortgage. Lenders usually review your credit score, employment history, income, and debts to determine whether or not you are qualified, and at what interest rate. The terms for a home equity line of credit can be anywhere from 5 to 30 years.




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