Home Equity Loan Calculator
Last updated: October 15, 2026
Estimate a fixed home equity loan payment, total interest and closing-cost impact.
Estimated monthly payment
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- Total interest: —
- Closing costs and fees: —
- Total borrowing cost: —
- Estimated net cash after fees: —
On this page
Quick summary: Estimate a fixed home equity loan payment, total interest and closing-cost impact.
Read the complete guide
Updated reference sections in this guide are in English.
What this calculator estimates
Estimate a fixed home equity loan payment, total interest and closing-cost impact.
How to use it
Enter Home equity loan amount ($); Annual interest rate (%); Loan term (years); Closing costs and fees ($). Select Calculate to update the results.
How the calculation works
The payment uses the standard fixed-rate amortization formula. Total borrowing cost combines projected interest with the fees entered.
Worked example: starting scenario
| Home equity loan amount ($) | 50000 |
|---|---|
| Annual interest rate (%) | 9 |
| Loan term (years) | 10 |
| Closing costs and fees ($) | 1500 |
| Estimated monthly payment | $633.38 |
|---|---|
| Total interest | $26,005.46 |
| Closing costs and fees | $1,500.00 |
| Total borrowing cost | $27,505.46 |
| Estimated net cash after fees | $48,500.00 |
Important limitations
A lender may calculate APR, prepaid charges, appraisal fees, title costs and taxes differently, and your home secures the debt.