Home Equity

Calculate home equity loan or HELOC payments

Input

Home Value

Current Mortgage Balance

Loan Amount

Interest Rate

Loan Term (years)

HELOC (Home Equity Line of Credit)

Variable rate, interest-only payments during draw period

Results

Monthly Payment

CHF 463.51

Available Equity

CHF 125,000.00

80% of home value minus mortgage

Current LTV

60.0%

Combined LTV

70.0%

Total Interest

CHF 33,431.11

Total Cost

CHF 83,431.11

Home ValueCHF 500,000.00

Mortgage BalanceCHF 300,000.00

Current EquityCHF 200,000.00

New Loan AmountCHF 50,000.00

Equity After LoanCHF 150,000.00