Home Equity Loan Payoff Calculator

Home Equity Loan Payoff Calculator excel to calculate early payoff for your home equity loan. Home Equity Loan Payoff Calculator with amortization schedule is calculated based on your current balance, interest rate, and monthly payment. The amortization schedule is exportable to excel as a spreadsheet.

Home Equity Loan Early Payoff Calculator
Current Balance	$
Interest Rate
Current Monthly Payment	$
Extra Monthly Payment	$
	OR
Desired Payoff Years	years

Original vs. Early Payoff
		Original		Early Payoff
Monthly Payment		$1,000.00		$1,300.00
Expected Payoff Time		70 months		52 months
Total Interest		$9,187.76		$6,774.47
Total Principal		$60,000.00		$60,000.00
Total Payment		$69,187.76		$66,774.47
Total Interest Savings		$0		$2,413.28
Payoff Date		Aug, 2029		Feb, 2028
Early Payoff Amortization Schedule
Payment Date	Payment #	Interest Paid	Principal Paid	Total Payment	Remaining Balance
Nov, 2023	1	$250.00	$1,050.00	$1,300.00	$58,950.00
Dec, 2023	2	$245.63	$1,054.38	$1,300.00	$57,895.63
Jan, 2024	3	$241.23	$1,058.77	$1,300.00	$56,836.86
Feb, 2024	4	$236.82	$1,063.18	$1,300.00	$55,773.68
Mar, 2024	5	$232.39	$1,067.61	$1,300.00	$54,706.07
Apr, 2024	6	$227.94	$1,072.06	$1,300.00	$53,634.01
May, 2024	7	$223.48	$1,076.52	$1,300.00	$52,557.48
Jun, 2024	8	$218.99	$1,081.01	$1,300.00	$51,476.47
Jul, 2024	9	$214.49	$1,085.51	$1,300.00	$50,390.96
Aug, 2024	10	$209.96	$1,090.04	$1,300.00	$49,300.92
Sep, 2024	11	$205.42	$1,094.58	$1,300.00	$48,206.34
Oct, 2024	12	$200.86	$1,099.14	$1,300.00	$47,107.20
Nov, 2024	13	$196.28	$1,103.72	$1,300.00	$46,003.48
Dec, 2024	14	$191.68	$1,108.32	$1,300.00	$44,895.16
Jan, 2025	15	$187.06	$1,112.94	$1,300.00	$43,782.23
Feb, 2025	16	$182.43	$1,117.57	$1,300.00	$42,664.65
Mar, 2025	17	$177.77	$1,122.23	$1,300.00	$41,542.42
Apr, 2025	18	$173.09	$1,126.91	$1,300.00	$40,415.51
May, 2025	19	$168.40	$1,131.60	$1,300.00	$39,283.91
Jun, 2025	20	$163.68	$1,136.32	$1,300.00	$38,147.60
Jul, 2025	21	$158.95	$1,141.05	$1,300.00	$37,006.54
Aug, 2025	22	$154.19	$1,145.81	$1,300.00	$35,860.74
Sep, 2025	23	$149.42	$1,150.58	$1,300.00	$34,710.16
Oct, 2025	24	$144.63	$1,155.37	$1,300.00	$33,554.78
Nov, 2025	25	$139.81	$1,160.19	$1,300.00	$32,394.60
Dec, 2025	26	$134.98	$1,165.02	$1,300.00	$31,229.57
Jan, 2026	27	$130.12	$1,169.88	$1,300.00	$30,059.70
Feb, 2026	28	$125.25	$1,174.75	$1,300.00	$28,884.94
Mar, 2026	29	$120.35	$1,179.65	$1,300.00	$27,705.30
Apr, 2026	30	$115.44	$1,184.56	$1,300.00	$26,520.74
May, 2026	31	$110.50	$1,189.50	$1,300.00	$25,331.24
Jun, 2026	32	$105.55	$1,194.45	$1,300.00	$24,136.79
Jul, 2026	33	$100.57	$1,199.43	$1,300.00	$22,937.36
Aug, 2026	34	$95.57	$1,204.43	$1,300.00	$21,732.93
Sep, 2026	35	$90.55	$1,209.45	$1,300.00	$20,523.48
Oct, 2026	36	$85.51	$1,214.49	$1,300.00	$19,309.00
Nov, 2026	37	$80.45	$1,219.55	$1,300.00	$18,089.45
Dec, 2026	38	$75.37	$1,224.63	$1,300.00	$16,864.82
Jan, 2027	39	$70.27	$1,229.73	$1,300.00	$15,635.09
Feb, 2027	40	$65.15	$1,234.85	$1,300.00	$14,400.24
Mar, 2027	41	$60.00	$1,240.00	$1,300.00	$13,160.24
Apr, 2027	42	$54.83	$1,245.17	$1,300.00	$11,915.08
May, 2027	43	$49.65	$1,250.35	$1,300.00	$10,664.72
Jun, 2027	44	$44.44	$1,255.56	$1,300.00	$9,409.16
Jul, 2027	45	$39.20	$1,260.80	$1,300.00	$8,148.36
Aug, 2027	46	$33.95	$1,266.05	$1,300.00	$6,882.32
Sep, 2027	47	$28.68	$1,271.32	$1,300.00	$5,610.99
Oct, 2027	48	$23.38	$1,276.62	$1,300.00	$4,334.37
Nov, 2027	49	$18.06	$1,281.94	$1,300.00	$3,052.43
Dec, 2027	50	$12.72	$1,287.28	$1,300.00	$1,765.15
Jan, 2028	51	$7.35	$1,292.65	$1,300.00	$472.50
Feb, 2028	52	$1.97	$472.50	$474.47	$0.00

Today's Home Equity Rates



Check Today's Mortgage Rates

Mortgage Calculators

Refinance Calculators

Early Mortgage Payoff Calculators

Real Estate Investment Calculators

Mortgage Related Calculators

Auto Loan Calculators

Loan Calculators

Savings & Investments Calculators

Credit Card Calculators

Mortgage Guide

Mortgage Calculator Widget