Home Equity Loan Calculator
-Includes Amortization Schedule
(Home Equity Loan Calculator below Instructions)
This Home Equity Loan Calculator helps determine your Home Equity Loan or Home Equity Line of Credit payment. You may calculate what the payment is for a specific loan amount, or, alternatively, you may enter your desired payment amount and see how much of a loan you may obtain for a specific monthly payment. For a Home Equity Loan payment, select fixed-term loan (closed-end loan). For a Home Equity Line of Credit payment, you can choose 2%, 1.5%, or 1.0% of the outstanding balance, or interest only. Chose your options on the Home Equity Loan Calculator below and click on the "View Report" button to see a complete amortization schedule of your home equity loan payments. See below the mortgage calculator for additional definitions. Looking for a different mortgage calculator? More Mortgage Calculators Here. You may also email the results by clicking on the three-line icon in the upper right hand corner of the mortgage Calculator.