Home Equity Line of Credit Loan Payoff Calculator

Current balance=
Current monthly payment=
Interest rate= %
Payoff goal( in months)=
New charges per month=
Annual fee=
 
Payoff credit line in months=
New monthly payment=

A home equity line of credit (often called HELOC) is a loan in which the lender agrees to lend a maximum amount within an agreed term, where the collateral is the borrower's equity in his/her house.

When you enter Current balance, Current monthly payment, Interest rate, Payoff goal( in months), New charges per month and Annual fee get your result.

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