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Sample Equity Rates
PRIME RATE: 4.00%
Home Equity Lines
LTV PRIME +
80% -0.25 to 0.25%
90% 0.25 to 1.50%
100% 1.50 to 2.50%
Source: Rate Search
Home Equity Loans
LTV PRIME +
80% 1.50% to 3.00%
90% 2.50% to 4.00%
100% 2.75% to 5.00%
Source: Rate Search

 

Loan Payment Calculator

Enter your home equity loan amount: $  
Enter the number of months to repay:

5yr=60 months, 15yr=180 months, 20yr=240months
  months

Enter your estimated equity loan rate (APR):

  %
*

Your Monthly Payment:

$   


(the following links will open a new window)

Equity Line of Credit Payments:
http://www.dinkytown.net/java/PaymentLine.html

Life of credit payoff:
http://www.dinkytown.net/java/PayoffLine.html

Alternative payment frequencies calculation:
http://www.dinkytown.net/java/ComplexLoan.html

Your loan amount is also tied to the amount you can borrow based on LTV (see LTV calculator)

 
To compare monthly payments between monthly terms: click here

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.

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