Calculate a Home Equity Line of Credit Payment

Loan Information

Loan Amount

$ 50,000

Draw Period Payment

$ 204.17

Repayment Period Payment

$ 527.89

Year	Interest Paid	Principal Paid	Ending Balance
0	0	0	-50000.00
12	2450.00	0.00	-50000.00
24	2450.00	0.00	-50000.00
36	2450.00	0.00	-50000.00
48	2450.00	0.00	-50000.00
60	2450.00	0.00	-50000.00
72	2450.00	0.00	-50000.00
84	2450.00	0.00	-50000.00
96	2450.00	0.00	-50000.00
108	2450.00	0.00	-50000.00
120	2450.00	0.00	-50000.00
12	2361.56	3973.08	-46026.92
24	2162.45	4172.20	-41854.72
36	1953.35	4381.29	-37473.43
48	1733.78	4600.86	-32872.57
60	1503.21	4831.44	-28041.13
72	1261.08	5073.57	-22967.56
84	1006.81	5327.83	-17639.73
96	739.81	5594.84	-12044.89
108	459.42	5875.23	-6169.67
120	164.98	6169.67	-0.00

Month	Starting Balance ($)	Payment Made ($)	Interest Paid ($)	Principal Paid ($)	Ending Balance ($)
1	50000.00	204.17	204.17	0.00	50000.00
2	50000.00	204.17	204.17	0.00	50000.00
3	50000.00	204.17	204.17	0.00	50000.00
4	50000.00	204.17	204.17	0.00	50000.00
5	50000.00	204.17	204.17	0.00	50000.00
6	50000.00	204.17	204.17	0.00	50000.00
7	50000.00	204.17	204.17	0.00	50000.00
8	50000.00	204.17	204.17	0.00	50000.00
9	50000.00	204.17	204.17	0.00	50000.00
10	50000.00	204.17	204.17	0.00	50000.00
11	50000.00	204.17	204.17	0.00	50000.00
12	50000.00	204.17	204.17	0.00	50000.00
13	50000.00	204.17	204.17	0.00	50000.00
14	50000.00	204.17	204.17	0.00	50000.00
15	50000.00	204.17	204.17	0.00	50000.00
16	50000.00	204.17	204.17	0.00	50000.00
17	50000.00	204.17	204.17	0.00	50000.00
18	50000.00	204.17	204.17	0.00	50000.00
19	50000.00	204.17	204.17	0.00	50000.00
20	50000.00	204.17	204.17	0.00	50000.00
21	50000.00	204.17	204.17	0.00	50000.00
22	50000.00	204.17	204.17	0.00	50000.00
23	50000.00	204.17	204.17	0.00	50000.00
24	50000.00	204.17	204.17	0.00	50000.00
25	50000.00	204.17	204.17	0.00	50000.00
26	50000.00	204.17	204.17	0.00	50000.00
27	50000.00	204.17	204.17	0.00	50000.00
28	50000.00	204.17	204.17	0.00	50000.00
29	50000.00	204.17	204.17	0.00	50000.00
30	50000.00	204.17	204.17	0.00	50000.00
31	50000.00	204.17	204.17	0.00	50000.00
32	50000.00	204.17	204.17	0.00	50000.00
33	50000.00	204.17	204.17	0.00	50000.00
34	50000.00	204.17	204.17	0.00	50000.00
35	50000.00	204.17	204.17	0.00	50000.00
36	50000.00	204.17	204.17	0.00	50000.00
37	50000.00	204.17	204.17	0.00	50000.00
38	50000.00	204.17	204.17	0.00	50000.00
39	50000.00	204.17	204.17	0.00	50000.00
40	50000.00	204.17	204.17	0.00	50000.00
41	50000.00	204.17	204.17	0.00	50000.00
42	50000.00	204.17	204.17	0.00	50000.00
43	50000.00	204.17	204.17	0.00	50000.00
44	50000.00	204.17	204.17	0.00	50000.00
45	50000.00	204.17	204.17	0.00	50000.00
46	50000.00	204.17	204.17	0.00	50000.00
47	50000.00	204.17	204.17	0.00	50000.00
48	50000.00	204.17	204.17	0.00	50000.00
49	50000.00	204.17	204.17	0.00	50000.00
50	50000.00	204.17	204.17	0.00	50000.00
51	50000.00	204.17	204.17	0.00	50000.00
52	50000.00	204.17	204.17	0.00	50000.00
53	50000.00	204.17	204.17	0.00	50000.00
54	50000.00	204.17	204.17	0.00	50000.00
55	50000.00	204.17	204.17	0.00	50000.00
56	50000.00	204.17	204.17	0.00	50000.00
57	50000.00	204.17	204.17	0.00	50000.00
58	50000.00	204.17	204.17	0.00	50000.00
59	50000.00	204.17	204.17	0.00	50000.00
60	50000.00	204.17	204.17	0.00	50000.00
61	50000.00	204.17	204.17	0.00	50000.00
62	50000.00	204.17	204.17	0.00	50000.00
63	50000.00	204.17	204.17	0.00	50000.00
64	50000.00	204.17	204.17	0.00	50000.00
65	50000.00	204.17	204.17	0.00	50000.00
66	50000.00	204.17	204.17	0.00	50000.00
67	50000.00	204.17	204.17	0.00	50000.00
68	50000.00	204.17	204.17	0.00	50000.00
69	50000.00	204.17	204.17	0.00	50000.00
70	50000.00	204.17	204.17	0.00	50000.00
71	50000.00	204.17	204.17	0.00	50000.00
72	50000.00	204.17	204.17	0.00	50000.00
73	50000.00	204.17	204.17	0.00	50000.00
74	50000.00	204.17	204.17	0.00	50000.00
75	50000.00	204.17	204.17	0.00	50000.00
76	50000.00	204.17	204.17	0.00	50000.00
77	50000.00	204.17	204.17	0.00	50000.00
78	50000.00	204.17	204.17	0.00	50000.00
79	50000.00	204.17	204.17	0.00	50000.00
80	50000.00	204.17	204.17	0.00	50000.00
81	50000.00	204.17	204.17	0.00	50000.00
82	50000.00	204.17	204.17	0.00	50000.00
83	50000.00	204.17	204.17	0.00	50000.00
84	50000.00	204.17	204.17	0.00	50000.00
85	50000.00	204.17	204.17	0.00	50000.00
86	50000.00	204.17	204.17	0.00	50000.00
87	50000.00	204.17	204.17	0.00	50000.00
88	50000.00	204.17	204.17	0.00	50000.00
89	50000.00	204.17	204.17	0.00	50000.00
90	50000.00	204.17	204.17	0.00	50000.00
91	50000.00	204.17	204.17	0.00	50000.00
92	50000.00	204.17	204.17	0.00	50000.00
93	50000.00	204.17	204.17	0.00	50000.00
94	50000.00	204.17	204.17	0.00	50000.00
95	50000.00	204.17	204.17	0.00	50000.00
96	50000.00	204.17	204.17	0.00	50000.00
97	50000.00	204.17	204.17	0.00	50000.00
98	50000.00	204.17	204.17	0.00	50000.00
99	50000.00	204.17	204.17	0.00	50000.00
100	50000.00	204.17	204.17	0.00	50000.00
101	50000.00	204.17	204.17	0.00	50000.00
102	50000.00	204.17	204.17	0.00	50000.00
103	50000.00	204.17	204.17	0.00	50000.00
104	50000.00	204.17	204.17	0.00	50000.00
105	50000.00	204.17	204.17	0.00	50000.00
106	50000.00	204.17	204.17	0.00	50000.00
107	50000.00	204.17	204.17	0.00	50000.00
108	50000.00	204.17	204.17	0.00	50000.00
109	50000.00	204.17	204.17	0.00	50000.00
110	50000.00	204.17	204.17	0.00	50000.00
111	50000.00	204.17	204.17	0.00	50000.00
112	50000.00	204.17	204.17	0.00	50000.00
113	50000.00	204.17	204.17	0.00	50000.00
114	50000.00	204.17	204.17	0.00	50000.00
115	50000.00	204.17	204.17	0.00	50000.00
116	50000.00	204.17	204.17	0.00	50000.00
117	50000.00	204.17	204.17	0.00	50000.00
118	50000.00	204.17	204.17	0.00	50000.00
119	50000.00	204.17	204.17	0.00	50000.00
120	50000.00	204.17	204.17	0.00	50000.00
121	50000.00	527.89	204.17	323.72	49676.28
122	49676.28	527.89	202.84	325.04	49351.24
123	49351.24	527.89	201.52	326.37	49024.87
124	49024.87	527.89	200.18	327.70	48697.17
125	48697.17	527.89	198.85	329.04	48368.13
126	48368.13	527.89	197.50	330.38	48037.74
127	48037.74	527.89	196.15	331.73	47706.01
128	47706.01	527.89	194.80	333.09	47372.92
129	47372.92	527.89	193.44	334.45	47038.47
130	47038.47	527.89	192.07	335.81	46702.66
131	46702.66	527.89	190.70	337.18	46365.48
132	46365.48	527.89	189.33	338.56	46026.92
133	46026.92	527.89	187.94	339.94	45686.97
134	45686.97	527.89	186.56	341.33	45345.64
135	45345.64	527.89	185.16	342.73	45002.91
136	45002.91	527.89	183.76	344.13	44658.79
137	44658.79	527.89	182.36	345.53	44313.26
138	44313.26	527.89	180.95	346.94	43966.32
139	43966.32	527.89	179.53	348.36	43617.96
140	43617.96	527.89	178.11	349.78	43268.18
141	43268.18	527.89	176.68	351.21	42916.97
142	42916.97	527.89	175.24	352.64	42564.33
143	42564.33	527.89	173.80	354.08	42210.25
144	42210.25	527.89	172.36	355.53	41854.72
145	41854.72	527.89	170.91	356.98	41497.74
146	41497.74	527.89	169.45	358.44	41139.30
147	41139.30	527.89	167.99	359.90	40779.40
148	40779.40	527.89	166.52	361.37	40418.03
149	40418.03	527.89	165.04	362.85	40055.18
150	40055.18	527.89	163.56	364.33	39690.85
151	39690.85	527.89	162.07	365.82	39325.04
152	39325.04	527.89	160.58	367.31	38957.73
153	38957.73	527.89	159.08	368.81	38588.92
154	38588.92	527.89	157.57	370.32	38218.60
155	38218.60	527.89	156.06	371.83	37846.77
156	37846.77	527.89	154.54	373.35	37473.43
157	37473.43	527.89	153.02	374.87	37098.56
158	37098.56	527.89	151.49	376.40	36722.15
159	36722.15	527.89	149.95	377.94	36344.22
160	36344.22	527.89	148.41	379.48	35964.74
161	35964.74	527.89	146.86	381.03	35583.70
162	35583.70	527.89	145.30	382.59	35201.12
163	35201.12	527.89	143.74	384.15	34816.97
164	34816.97	527.89	142.17	385.72	34431.25
165	34431.25	527.89	140.59	387.29	34043.96
166	34043.96	527.89	139.01	388.87	33655.08
167	33655.08	527.89	137.42	390.46	33264.62
168	33264.62	527.89	135.83	392.06	32872.57
169	32872.57	527.89	134.23	393.66	32478.91
170	32478.91	527.89	132.62	395.26	32083.64
171	32083.64	527.89	131.01	396.88	31686.76
172	31686.76	527.89	129.39	398.50	31288.27
173	31288.27	527.89	127.76	400.13	30888.14
174	30888.14	527.89	126.13	401.76	30486.38
175	30486.38	527.89	124.49	403.40	30082.98
176	30082.98	527.89	122.84	405.05	29677.93
177	29677.93	527.89	121.18	406.70	29271.23
178	29271.23	527.89	119.52	408.36	28862.86
179	28862.86	527.89	117.86	410.03	28452.83
180	28452.83	527.89	116.18	411.70	28041.13
181	28041.13	527.89	114.50	413.39	27627.74
182	27627.74	527.89	112.81	415.07	27212.67
183	27212.67	527.89	111.12	416.77	26795.90
184	26795.90	527.89	109.42	418.47	26377.43
185	26377.43	527.89	107.71	420.18	25957.25
186	25957.25	527.89	105.99	421.89	25535.36
187	25535.36	527.89	104.27	423.62	25111.74
188	25111.74	527.89	102.54	425.35	24686.39
189	24686.39	527.89	100.80	427.08	24259.31
190	24259.31	527.89	99.06	428.83	23830.48
191	23830.48	527.89	97.31	430.58	23399.90
192	23399.90	527.89	95.55	432.34	22967.56
193	22967.56	527.89	93.78	434.10	22533.46
194	22533.46	527.89	92.01	435.88	22097.58
195	22097.58	527.89	90.23	437.66	21659.93
196	21659.93	527.89	88.44	439.44	21220.49
197	21220.49	527.89	86.65	441.24	20779.25
198	20779.25	527.89	84.85	443.04	20336.21
199	20336.21	527.89	83.04	444.85	19891.37
200	19891.37	527.89	81.22	446.66	19444.70
201	19444.70	527.89	79.40	448.49	18996.21
202	18996.21	527.89	77.57	450.32	18545.89
203	18545.89	527.89	75.73	452.16	18093.74
204	18093.74	527.89	73.88	454.00	17639.73
205	17639.73	527.89	72.03	455.86	17183.87
206	17183.87	527.89	70.17	457.72	16726.15
207	16726.15	527.89	68.30	459.59	16266.57
208	16266.57	527.89	66.42	461.47	15805.10
209	15805.10	527.89	64.54	463.35	15341.75
210	15341.75	527.89	62.65	465.24	14876.51
211	14876.51	527.89	60.75	467.14	14409.37
212	14409.37	527.89	58.84	469.05	13940.32
213	13940.32	527.89	56.92	470.96	13469.36
214	13469.36	527.89	55.00	472.89	12996.47
215	12996.47	527.89	53.07	474.82	12521.65
216	12521.65	527.89	51.13	476.76	12044.89
217	12044.89	527.89	49.18	478.70	11566.19
218	11566.19	527.89	47.23	480.66	11085.53
219	11085.53	527.89	45.27	482.62	10602.91
220	10602.91	527.89	43.30	484.59	10118.32
221	10118.32	527.89	41.32	486.57	9631.75
222	9631.75	527.89	39.33	488.56	9143.19
223	9143.19	527.89	37.33	490.55	8652.64
224	8652.64	527.89	35.33	492.56	8160.08
225	8160.08	527.89	33.32	494.57	7665.52
226	7665.52	527.89	31.30	496.59	7168.93
227	7168.93	527.89	29.27	498.61	6670.32
228	6670.32	527.89	27.24	500.65	6169.67
229	6169.67	527.89	25.19	502.69	5666.97
230	5666.97	527.89	23.14	504.75	5162.23
231	5162.23	527.89	21.08	506.81	4655.42
232	4655.42	527.89	19.01	508.88	4146.54
233	4146.54	527.89	16.93	510.96	3635.59
234	3635.59	527.89	14.85	513.04	3122.54
235	3122.54	527.89	12.75	515.14	2607.41
236	2607.41	527.89	10.65	517.24	2090.17
237	2090.17	527.89	8.53	519.35	1570.82
238	1570.82	527.89	6.41	521.47	1049.34
239	1049.34	527.89	4.28	523.60	525.74
240	525.74	527.89	2.15	525.74	0.00

Repayment of a home equity line of credit requires that the borrower make a monthly payment to the lender. For some home equity lines of credit, borrowers can make interest-only payments for a defined period of time, after which a repayment period begins. Interest-only payments are based on the outstanding loan balance and interest rate. During the repayment period the payment includes both repayment of the loan principal, plus monthly interest on the outstanding balance. Loan payments for the repayment period are amortized so that the monthly payment remains the same throughout the repayment period, but during that period, the percentage of the payment that goes towards principal will increase as the outstanding mortgage balance decreases.