mortgage calculator

HELOC Payoff Calculator

HELOC Payoff Calculator to calculate how much earlier you can pay off your line of credit with extra payments. HELOC extra payment calculator will show you the savings when you make additional payments on your line of credit each month.

HELOC Extra Payment Calculator

Current Balance
$
Interest Rate
Current Monthly Payment
$
Extra Monthly Payment
$
OR
Desired Payoff Years
years

Original vs. HELOC Payoff

Original HELOC Payoff
Monthly Payment
$1,000.00
$1,200.00
Expected Payoff Time
87 months
68 months
Total Interest
$21,430.59 $16,590.46
Total Principal
$65,000.00 $65,000.00
Total Payment
$86,430.59 $81,590.46
Total Interest Savings
$0 $4,840.13
Payoff Date
Apr, 2032 Sep, 2030

HELOC Payoff Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Feb, 2025 1 $446.88 $753.13 $1,200.00 $64,246.88
Mar, 2025 2 $441.70 $758.30 $1,200.00 $63,488.57
Apr, 2025 3 $436.48 $763.52 $1,200.00 $62,725.06
May, 2025 4 $431.23 $768.77 $1,200.00 $61,956.29
Jun, 2025 5 $425.95 $774.05 $1,200.00 $61,182.24
Jul, 2025 6 $420.63 $779.37 $1,200.00 $60,402.87
Aug, 2025 7 $415.27 $784.73 $1,200.00 $59,618.14
Sep, 2025 8 $409.87 $790.13 $1,200.00 $58,828.01
Oct, 2025 9 $404.44 $795.56 $1,200.00 $58,032.46
Nov, 2025 10 $398.97 $801.03 $1,200.00 $57,231.43
Dec, 2025 11 $393.47 $806.53 $1,200.00 $56,424.89
Jan, 2026 12 $387.92 $812.08 $1,200.00 $55,612.82
Feb, 2026 13 $382.34 $817.66 $1,200.00 $54,795.15
Mar, 2026 14 $376.72 $823.28 $1,200.00 $53,971.87
Apr, 2026 15 $371.06 $828.94 $1,200.00 $53,142.93
May, 2026 16 $365.36 $834.64 $1,200.00 $52,308.28
Jun, 2026 17 $359.62 $840.38 $1,200.00 $51,467.90
Jul, 2026 18 $353.84 $846.16 $1,200.00 $50,621.75
Aug, 2026 19 $348.02 $851.98 $1,200.00 $49,769.77
Sep, 2026 20 $342.17 $857.83 $1,200.00 $48,911.94
Oct, 2026 21 $336.27 $863.73 $1,200.00 $48,048.21
Nov, 2026 22 $330.33 $869.67 $1,200.00 $47,178.54
Dec, 2026 23 $324.35 $875.65 $1,200.00 $46,302.89
Jan, 2027 24 $318.33 $881.67 $1,200.00 $45,421.22
Feb, 2027 25 $312.27 $887.73 $1,200.00 $44,533.49
Mar, 2027 26 $306.17 $893.83 $1,200.00 $43,639.66
Apr, 2027 27 $300.02 $899.98 $1,200.00 $42,739.68
May, 2027 28 $293.84 $906.16 $1,200.00 $41,833.52
Jun, 2027 29 $287.61 $912.39 $1,200.00 $40,921.13
Jul, 2027 30 $281.33 $918.67 $1,200.00 $40,002.46
Aug, 2027 31 $275.02 $924.98 $1,200.00 $39,077.48
Sep, 2027 32 $268.66 $931.34 $1,200.00 $38,146.13
Oct, 2027 33 $262.25 $937.75 $1,200.00 $37,208.39
Nov, 2027 34 $255.81 $944.19 $1,200.00 $36,264.20
Dec, 2027 35 $249.32 $950.68 $1,200.00 $35,313.51
Jan, 2028 36 $242.78 $957.22 $1,200.00 $34,356.29
Feb, 2028 37 $236.20 $963.80 $1,200.00 $33,392.49
Mar, 2028 38 $229.57 $970.43 $1,200.00 $32,422.06
Apr, 2028 39 $222.90 $977.10 $1,200.00 $31,444.97
May, 2028 40 $216.18 $983.82 $1,200.00 $30,461.15
Jun, 2028 41 $209.42 $990.58 $1,200.00 $29,470.57
Jul, 2028 42 $202.61 $997.39 $1,200.00 $28,473.18
Aug, 2028 43 $195.75 $1,004.25 $1,200.00 $27,468.93
Sep, 2028 44 $188.85 $1,011.15 $1,200.00 $26,457.78
Oct, 2028 45 $181.90 $1,018.10 $1,200.00 $25,439.68
Nov, 2028 46 $174.90 $1,025.10 $1,200.00 $24,414.58
Dec, 2028 47 $167.85 $1,032.15 $1,200.00 $23,382.43
Jan, 2029 48 $160.75 $1,039.25 $1,200.00 $22,343.18
Feb, 2029 49 $153.61 $1,046.39 $1,200.00 $21,296.79
Mar, 2029 50 $146.42 $1,053.58 $1,200.00 $20,243.21
Apr, 2029 51 $139.17 $1,060.83 $1,200.00 $19,182.38
May, 2029 52 $131.88 $1,068.12 $1,200.00 $18,114.26
Jun, 2029 53 $124.54 $1,075.46 $1,200.00 $17,038.79
Jul, 2029 54 $117.14 $1,082.86 $1,200.00 $15,955.94
Aug, 2029 55 $109.70 $1,090.30 $1,200.00 $14,865.63
Sep, 2029 56 $102.20 $1,097.80 $1,200.00 $13,767.83
Oct, 2029 57 $94.65 $1,105.35 $1,200.00 $12,662.49
Nov, 2029 58 $87.05 $1,112.95 $1,200.00 $11,549.54
Dec, 2029 59 $79.40 $1,120.60 $1,200.00 $10,428.95
Jan, 2030 60 $71.70 $1,128.30 $1,200.00 $9,300.64
Feb, 2030 61 $63.94 $1,136.06 $1,200.00 $8,164.59
Mar, 2030 62 $56.13 $1,143.87 $1,200.00 $7,020.72
Apr, 2030 63 $48.27 $1,151.73 $1,200.00 $5,868.99
May, 2030 64 $40.35 $1,159.65 $1,200.00 $4,709.33
Jun, 2030 65 $32.38 $1,167.62 $1,200.00 $3,541.71
Jul, 2030 66 $24.35 $1,175.65 $1,200.00 $2,366.06
Aug, 2030 67 $16.27 $1,183.73 $1,200.00 $1,182.33
Sep, 2030 68 $8.13 $1,182.33 $1,190.46 $0.00


Mortgage Calculator | Terms | Privacy | Disclaimer | Contact

©2025 Mortgage Calculator