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HELOC Payoff Calculator

Calculate how long it will take to pay off your Home Equity Line of Credit (HELOC), how much interest you'll pay, and how extra or lump sum payments can help you save. Supports both draw (interest-only) and repayment periods.

Leave blank for interest-only
Leave blank to auto-calculate amortizing payment

HHELOC Payoff Calculator Details:

This calculator is intended to help you determine how long it will take to payoff your HELOC, how much interest you will pay, and how much you can save with additional or lump sum payments. It can handle both draw (interest only) and repayment periods.

  1. Enter your current HELOC balance and interest rate.
  2. Enter the number of months left in your draw and repayment periods.
  3. Enter your minimum payment for each period, or leave blank to use defaults.
  4. Enter any additional monthly or lump sum payments.
  5. Optionally, enter a start date to calculate the payoff date.