HELOC Calculator

Estimate how much you can borrow using your home’s equity.

HELOC Payment Calculator

Estimate your payment using either 1% of your outstanding balance or an interest-only calculation.

HELOC Payment Snapshot

Adjust your balance and payment option to explore your estimated payment.

Payment Estimate
Estimated Payment
$500.00
Per billing cycle • selected option
Outstanding Balance
$50,000.00
Amount currently borrowed
Payment Option
1% of Balance
Choose an option below

HELOC Details

Payment Details

1% of outstanding balance $500.00

Your loan agreement determines which payment option applies to your HELOC.
Talk to a Banker More Calculators

This calculator provides estimates using Bank of Brodhead’s HELOC payment formulas. It does not determine your actual payment or replace the bank’s calculations or your billing statement. Your actual payment may vary based on your balance, interest rate, billing cycle, payments, advances, and loan terms. The interest-only estimate assumes your balance and interest rate remain unchanged throughout the billing cycle and uses a 365-day year. Interest-only payments do not reduce your principal balance. Please refer to your billing statement for the amount due or contact our team with questions.