Home Equity Loan Calculator

Home Equity Loan Calculator
HELP
2007-2016 Vertex42 LLC
Balance Due at Specified Period
Inputs
Loan Amount
Annual Interest Rate
150,000
6.00%
30
Term Length (in Years)

First Payment Date
1/1/2015
Compound Period
Monthly
Payment
Balance at Year
Interest Paid
30
$112,966.26
Principal Paid
Outstanding Balance
$150,000.00
$0.00
140,000
120,000
Extra Payments (Prepayments)

Extra Payment
Every N Months
Extra Annual Payment
Loan Summary
Monthly Interest Rate
Total Payments
[42]
Total Interest
Number of Payments
Last Payment Date
Interest Savings
No.
Payment
Date
Payment
Edit the white cells. All the others are calculated.
No Extra Payments
Balance
Tax Returned
160,000
$899.33
The payment and the interest are rounded to the

nearest cent. The last payment is adjusted to
bring the balance to zero.
100,000
75
1
1,000
0.500%
262,966.26
Using This Worksheet

This spreadsheet creates an amortization
schedule for a fixed-rate home equity loan, with
optional extra payments. Use the spreadsheet to
compare different term lengths, rates, and loan
amounts. This spreadsheet also calculates the
outstanding balance at the end of a specified
number of years and the tax returned if the
interest paid is tax deductible.
80,000
60,000
40,000
20,000
Tax Deduction
112,966.26
250
(20.83 years)
10/1/2035
$60,789
Extra
Payments
Additional
Payment
Totals Assuming No Extra Payments

$323,754.82
$173,754.82
Total Payments
Total Interest
Interest
Principal
Balance
Tax Bracket
25.00%
Effective Rate
Total Returned
4.500%
$28,242
Tax
Returned
Cum. Tax
Returned
$150,000.00
1
1/1/2015
899.33
75.00
750.00
224.33
149,775.67
187.50
187.50
2/1/2015
899.33
75.00
748.88
225.45
149,550.22
187.22
374.72
3/1/2015
899.33
75.00
747.75
226.58
149,323.64
186.94
561.66
4/1/2015
899.33
75.00
746.62
227.71
149,095.93
186.66
748.31
5/1/2015
899.33
75.00
745.48
228.85
148,867.08
186.37
934.68
6/1/2015
899.33
75.00
744.34
229.99
148,637.09
186.09
1,120.77
7/1/2015
899.33
75.00
743.19
231.14
148,405.95
185.80
1,306.57
8/1/2015
899.33
75.00
742.03
232.30
148,173.65
185.51
1,492.07
9/1/2015
899.33
75.00
740.87
233.46
147,940.19
185.22
1,677.29
10
10/1/2015
899.33
75.00
739.70
234.63
147,705.56
184.93
1,862.22
11
11/1/2015
899.33
75.00
738.53
235.80
147,469.76
184.63
2,046.85
12
12/1/2015
899.33
1,075.00
737.35
1,236.98
146,232.78
184.34
2,231.19
13
1/1/2016
899.33
75.00
731.16
243.17
145,989.61
182.79
2,413.98
14
2/1/2016
899.33
75.00
729.95
244.38
145,745.23
182.49
2,596.46
15
3/1/2016
899.33
75.00
728.73
245.60
145,499.63
182.18
2,778.65
16
4/1/2016
899.33
75.00
727.50
246.83
145,252.80
181.88
2,960.52
17
5/1/2016
899.33
75.00
726.26
248.07
145,004.73
181.57
3,142.09
18
6/1/2016
899.33
75.00
725.02
249.31
144,755.42
181.26
3,323.34
19
7/1/2016
899.33
75.00
723.78
250.55
144,504.87
180.95
3,504.29
20
8/1/2016
899.33
75.00
722.52
251.81
144,253.06
180.63
3,684.92
21
9/1/2016
899.33
75.00
721.27
253.06
144,000.00
180.32
3,865.23
22
10/1/2016
899.33
75.00
720.00
254.33
143,745.67
180.00
4,045.23
23
11/1/2016
899.33
75.00
718.73
255.60
143,490.07
179.68
4,224.92
24
12/1/2016
899.33
1,075.00
717.45
1,256.88
142,233.19
179.36
4,404.28
25
1/1/2017
899.33
75.00
711.17
263.16
141,970.03
177.79
4,582.07
26
2/1/2017
899.33
75.00
709.85
264.48
141,705.55
177.46
4,759.53
27
3/1/2017
899.33
75.00
708.53
265.80
141,439.75
177.13
4,936.67
28
4/1/2017
899.33
75.00
707.20
267.13
141,172.62
176.80
5,113.47
29
5/1/2017
899.33
75.00
705.86
268.47
140,904.15
176.47
5,289.93
30
6/1/2017
899.33
75.00
704.52
269.81
140,634.34
176.13
5,466.06
31
7/1/2017
899.33
75.00
703.17
271.16
140,363.18
175.79
5,641.85
32
8/1/2017
899.33
75.00
701.82
272.51
140,090.67
175.46
5,817.31
33
9/1/2017
899.33
75.00
700.45
273.88
139,816.79
175.11
5,992.42
34
10/1/2017
899.33
75.00
699.08
275.25
139,541.54
174.77
6,167.19
35
11/1/2017
899.33
75.00
697.71
276.62
139,264.92
174.43
6,341.62
36
12/1/2017
899.33
1,075.00
696.32
1,278.01
137,986.91
174.08
6,515.70
37
1/1/2018
899.33
75.00
689.93
284.40
137,702.51
172.48
6,688.18
38
2/1/2018
899.33
75.00
688.51
285.82
137,416.69
172.13
6,860.31
39
3/1/2018
899.33
75.00
687.08
287.25
137,129.44
171.77
7,032.08
40
4/1/2018
899.33
75.00
685.65
288.68
136,840.76
171.41
7,203.49
41
5/1/2018
899.33
75.00
684.20
290.13
136,550.63
171.05
7,374.54
42
6/1/2018
899.33
75.00
682.75
291.58
136,259.05
170.69
7,545.23
43
7/1/2018
899.33
75.00
681.30
293.03
135,966.02
170.33
7,715.55
44
8/1/2018
899.33
75.00
679.83
294.50
135,671.52
169.96
7,885.51
45
9/1/2018
899.33
75.00
678.36
295.97
135,375.55
169.59
8,055.10
46
10/1/2018
899.33
75.00
676.88
297.45
135,078.10
169.22
8,224.32
47
11/1/2018
899.33
75.00
675.39
298.94
134,779.16
168.85
8,393.17
48
12/1/2018
899.33
1,075.00
673.90
1,300.43
133,478.73
168.48
8,561.64
49
1/1/2019
899.33
75.00
667.39
306.94
133,171.79
166.85
8,728.49
50
2/1/2019
899.33
75.00
665.86
308.47
132,863.32
166.47
8,894.96
51
3/1/2019
899.33
75.00
664.32
310.01
132,553.31
166.08
9,061.04
52
4/1/2019
899.33
75.00
662.77
311.56
132,241.75
165.69
9,226.73
53
5/1/2019
899.33
75.00
661.21
313.12
131,928.63
165.30
9,392.03
54
6/1/2019
899.33
75.00
659.64
314.69
131,613.94
164.91
9,556.94
55
7/1/2019
899.33
75.00
658.07
316.26
131,297.68
164.52
56
8/1/2019
899.33
75.00
656.49
317.84
130,979.84
164.12
9,885.58
57
9/1/2019
899.33
75.00
654.90
319.43
130,660.41
163.73
10,049.31
58
9,721.46
10/1/2019
899.33
75.00
653.30
321.03
130,339.38
163.33
10,212.63
59
11/1/2019
899.33
75.00
651.70
322.63
130,016.75
162.93
10,375.56
60
12/1/2019
899.33
1,075.00
650.08
1,324.25
128,692.50
162.52
10,538.08
61
1/1/2020
899.33
75.00
643.46
330.87
128,361.63
160.87
10,698.94
62
2/1/2020
899.33
75.00
641.81
332.52
128,029.11
160.45
10,859.39
63
3/1/2020
899.33
75.00
640.15
334.18
127,694.93
160.04
11,019.43
64
4/1/2020
899.33
75.00
638.47
335.86
127,359.07
159.62
11,179.05
65
5/1/2020
899.33
75.00
636.80
337.53
127,021.54
159.20
11,338.25
66
6/1/2020
899.33
75.00
635.11
339.22
126,682.32
158.78
11,497.03
67
7/1/2020
899.33
75.00
633.41
340.92
126,341.40
158.35
11,655.38
68
8/1/2020
899.33
75.00
631.71
342.62
125,998.78
157.93
11,813.31
69
9/1/2020
899.33
75.00
629.99
344.34
125,654.44
157.50
11,970.80
70
10/1/2020
899.33
75.00
628.27
346.06
125,308.38
157.07
12,127.87
71
11/1/2020
899.33
75.00
626.54
347.79
124,960.59
156.64
12,284.51
72
12/1/2020
899.33
1,075.00
624.80
1,349.53
123,611.06
156.20
12,440.71
73
1/1/2021
899.33
75.00
618.06
356.27
123,254.79
154.52
12,595.22
74
2/1/2021
899.33
75.00
616.27
358.06
122,896.73
154.07
12,749.29
75
3/1/2021
899.33
75.00
614.48
359.85
122,536.88
153.62
12,902.91
76
4/1/2021
899.33
75.00
612.68
361.65
122,175.23
153.17
13,056.08
77
5/1/2021
899.33
75.00
610.88
363.45
121,811.78
152.72
13,208.80
78
6/1/2021
899.33
75.00
609.06
365.27
121,446.51
152.27
13,361.06
79
7/1/2021
899.33
75.00
607.23
367.10
121,079.41
151.81
13,512.87
http://www.vertex42.com/Calculators/home-equity-loan-calculator.html
Page 1 of 18
Payment
Date
Payment
Extra
Payments
Interest
Principal
Balance
Tax
Returned
Cum. Tax
Returned
8/1/2021
899.33
75.00
605.40
368.93
120,710.48
151.35
13,664.22
81
9/1/2021
899.33
75.00
603.55
370.78
120,339.70
150.89
13,815.11
82
10/1/2021
899.33
75.00
601.70
372.63
119,967.07
150.43
13,965.53
83
11/1/2021
899.33
75.00
599.84
374.49
119,592.58
149.96
14,115.49
84
12/1/2021
899.33
1,075.00
597.96
1,376.37
118,216.21
149.49
14,264.98
85
1/1/2022
899.33
75.00
591.08
383.25
117,832.96
147.77
14,412.75
86
2/1/2022
899.33
75.00
589.16
385.17
117,447.79
147.29
14,560.04
87
3/1/2022
899.33
75.00
587.24
387.09
117,060.70
146.81
14,706.85
88
4/1/2022
899.33
75.00
585.30
389.03
116,671.67
146.33
14,853.18
89
5/1/2022
899.33
75.00
583.36
390.97
116,280.70
145.84
14,999.02
90
6/1/2022
899.33
75.00
581.40
392.93
115,887.77
145.35
15,144.37
91
7/1/2022
899.33
75.00
579.44
394.89
115,492.88
144.86
15,289.23
92
8/1/2022
899.33
75.00
577.46
396.87
115,096.01
144.37
15,433.59
93
9/1/2022
899.33
75.00
575.48
398.85
114,697.16
143.87
15,577.46
94
10/1/2022
899.33
75.00
573.49
400.84
114,296.32
143.37
15,720.84
95
11/1/2022
899.33
75.00
571.48
402.85
113,893.47
142.87
15,863.71
96
12/1/2022
899.33
1,075.00
569.47
1,404.86
112,488.61
142.37
16,006.07
97
1/1/2023
899.33
75.00
562.44
411.89
112,076.72
140.61
16,146.68
98
2/1/2023
899.33
75.00
560.38
413.95
111,662.77
140.10
16,286.78
99
3/1/2023
899.33
75.00
558.31
416.02
111,246.75
139.58
16,426.36
100
4/1/2023
899.33
75.00
556.23
418.10
110,828.65
139.06
16,565.41
101
5/1/2023
899.33
75.00
554.14
420.19
110,408.46
138.54
16,703.95
102
6/1/2023
899.33
75.00
552.04
422.29
109,986.17
138.01
16,841.96
103
7/1/2023
899.33
75.00
549.93
424.40
109,561.77
137.48
16,979.44
104
8/1/2023
899.33
75.00
547.81
426.52
109,135.25
136.95
17,116.39
105
9/1/2023
899.33
75.00
545.68
428.65
108,706.60
136.42
17,252.81
106
10/1/2023
899.33
75.00
543.53
430.80
108,275.80
135.88
17,388.70
107
11/1/2023
899.33
75.00
541.38
432.95
107,842.85
135.35
17,524.04
108
12/1/2023
899.33
1,075.00
539.21
1,435.12
106,407.73
134.80
17,658.84
109
1/1/2024
899.33
75.00
532.04
442.29
105,965.44
133.01
17,791.85
110
2/1/2024
899.33
75.00
529.83
444.50
105,520.94
132.46
17,924.31
111
3/1/2024
899.33
75.00
527.60
446.73
105,074.21
131.90
18,056.21
112
4/1/2024
899.33
75.00
525.37
448.96
104,625.25
131.34
18,187.55
113
5/1/2024
899.33
75.00
523.13
451.20
104,174.05
130.78
18,318.34
114
6/1/2024
899.33
75.00
520.87
453.46
103,720.59
130.22
18,448.55
115
7/1/2024
899.33
75.00
518.60
455.73
103,264.86
129.65
18,578.20
116
8/1/2024
899.33
75.00
516.32
458.01
102,806.85
129.08
18,707.28
117
9/1/2024
899.33
75.00
514.03
460.30
102,346.55
128.51
18,835.79
118
10/1/2024
899.33
75.00
511.73
462.60
101,883.95
127.93
18,963.72
119
11/1/2024
899.33
75.00
509.42
464.91
101,419.04
127.36
19,091.08
120
12/1/2024
899.33
1,075.00
507.10
1,467.23
99,951.81
126.78
19,217.85
121
1/1/2025
899.33
75.00
499.76
474.57
99,477.24
124.94
19,342.79
122
2/1/2025
899.33
75.00
497.39
476.94
99,000.30
124.35
19,467.14
123
3/1/2025
899.33
75.00
495.00
479.33
98,520.97
123.75
19,590.89
124
4/1/2025
899.33
75.00
492.60
481.73
98,039.24
123.15
19,714.04
125
5/1/2025
899.33
75.00
490.20
484.13
97,555.11
122.55
19,836.59
126
6/1/2025
899.33
75.00
487.78
486.55
97,068.56
121.95
19,958.54
127
7/1/2025
899.33
75.00
485.34
488.99
96,579.57
121.34
20,079.87
128
8/1/2025
899.33
75.00
482.90
491.43
96,088.14
120.73
20,200.60
129
9/1/2025
899.33
75.00
480.44
493.89
95,594.25
120.11
20,320.71
130
10/1/2025
899.33
75.00
477.97
496.36
95,097.89
119.49
20,440.20
131
11/1/2025
899.33
75.00
475.49
498.84
94,599.05
118.87
20,559.07
132
12/1/2025
899.33
1,075.00
473.00
1,501.33
93,097.72
118.25
20,677.32
133
1/1/2026
899.33
75.00
465.49
508.84
92,588.88
116.37
20,793.69
134
2/1/2026
899.33
75.00
462.94
511.39
92,077.49
115.74
20,909.43
135
3/1/2026
899.33
75.00
460.39
513.94
91,563.55
115.10
21,024.53
136
4/1/2026
899.33
75.00
457.82
516.51
91,047.04
114.46
21,138.98
137
5/1/2026
899.33
75.00
455.24
519.09
90,527.95
113.81
21,252.79
138
6/1/2026
899.33
75.00
452.64
521.69
90,006.26
113.16
21,365.95
139
7/1/2026
899.33
75.00
450.03
524.30
89,481.96
112.51
21,478.46
140
8/1/2026
899.33
75.00
447.41
526.92
88,955.04
111.85
21,590.31
141
9/1/2026
899.33
75.00
444.78
529.55
88,425.49
111.20
21,701.51
142
10/1/2026
899.33
75.00
442.13
532.20
87,893.29
110.53
21,812.04
143
11/1/2026
899.33
75.00
439.47
534.86
87,358.43
109.87
21,921.91
144
12/1/2026
899.33
1,075.00
436.79
1,537.54
85,820.89
109.20
22,031.10
145
1/1/2027
899.33
75.00
429.10
545.23
85,275.66
107.28
22,138.38
146
2/1/2027
899.33
75.00
426.38
547.95
84,727.71
106.60
22,244.97
147
3/1/2027
899.33
75.00
423.64
550.69
84,177.02
105.91
22,350.88
148
4/1/2027
899.33
75.00
420.89
553.44
83,623.58
105.22
22,456.11
149
5/1/2027
899.33
75.00
418.12
556.21
83,067.37
104.53
22,560.64
150
6/1/2027
899.33
75.00
415.34
558.99
82,508.38
103.84
22,664.47
151
7/1/2027
899.33
75.00
412.54
561.79
81,946.59
103.14
22,767.61
152
8/1/2027
899.33
75.00
409.73
564.60
81,381.99
102.43
22,870.04
153
9/1/2027
899.33
75.00
406.91
567.42
80,814.57
101.73
22,971.77
154
10/1/2027
899.33
75.00
404.07
570.26
80,244.31
101.02
23,072.78
155
11/1/2027
899.33
75.00
401.22
573.11
79,671.20
100.31
23,173.09
156
12/1/2027
899.33
1,075.00
398.36
1,575.97
78,095.23
99.59
23,272.68
157
1/1/2028
899.33
75.00
390.48
583.85
77,511.38
97.62
23,370.30
158
2/1/2028
899.33
75.00
387.56
586.77
76,924.61
96.89
23,467.19
159
3/1/2028
899.33
75.00
384.62
589.71
76,334.90
96.16
23,563.34
160
4/1/2028
899.33
75.00
381.67
592.66
75,742.24
95.42
23,658.76
161
5/1/2028
899.33
75.00
378.71
595.62
75,146.62
94.68
23,753.44
162
6/1/2028
899.33
75.00
375.73
598.60
74,548.02
93.93
23,847.37
163
7/1/2028
899.33
75.00
372.74
601.59
73,946.43
93.19
23,940.56
164
8/1/2028
899.33
75.00
369.73
604.60
73,341.83
92.43
24,032.99
165
9/1/2028
899.33
75.00
366.71
607.62
72,734.21
91.68
24,124.67
166
10/1/2028
899.33
75.00
363.67
610.66
72,123.55
90.92
24,215.58
167
11/1/2028
899.33
75.00
360.62
613.71
71,509.84
90.16
24,305.74
168
12/1/2028
899.33
1,075.00
357.55
1,616.78
69,893.06
89.39
24,395.13
169
1/1/2029
899.33
75.00
349.47
624.86
69,268.20
87.37
24,482.49
170
2/1/2029
899.33
75.00
346.34
627.99
68,640.21
86.59
24,569.08
171
3/1/2029
899.33
75.00
343.20
631.13
68,009.08
85.80
24,654.88
172
4/1/2029
899.33
75.00
340.05
634.28
67,374.80
85.01
24,739.89
173
5/1/2029
899.33
75.00
336.87
637.46
66,737.34
84.22
24,824.11
174
6/1/2029
899.33
75.00
333.69
640.64
66,096.70
83.42
24,907.53
175
7/1/2029
899.33
75.00
330.48
643.85
65,452.85
82.62
24,990.15
176
8/1/2029
899.33
75.00
327.26
647.07
64,805.78
81.82
25,071.97
177
9/1/2029
899.33
75.00
324.03
650.30
64,155.48
81.01
25,152.97
178
10/1/2029
899.33
75.00
320.78
653.55
63,501.93
80.20
25,233.17
179
11/1/2029
899.33
75.00
317.51
656.82
62,845.11
79.38
25,312.55
180
12/1/2029
899.33
1,075.00
314.23
1,660.10
61,185.01
78.56
25,391.10
181
1/1/2030
899.33
75.00
305.93
668.40
60,516.61
76.48
25,467.59
182
2/1/2030
899.33
75.00
302.58
671.75
59,844.86
75.65
25,543.23
183
3/1/2030
899.33
75.00
299.22
675.11
59,169.75
74.81
25,618.04
184
4/1/2030
899.33
75.00
295.85
678.48
58,491.27
73.96
25,692.00
185
5/1/2030
899.33
75.00
292.46
681.87
57,809.40
73.12
25,765.11
186
6/1/2030
899.33
75.00
289.05
685.28
57,124.12
72.26
25,837.38
187
7/1/2030
899.33
75.00
285.62
688.71
56,435.41
71.41
25,908.78
188
8/1/2030
899.33
75.00
282.18
692.15
55,743.26
70.55
25,979.33
189
9/1/2030
899.33
75.00
278.72
695.61
55,047.65
69.68
26,049.01
No.
80
Additional
Payment
Page 2 of 18
No.
Payment
Date
Payment
Extra
Payments
Interest
Principal
Balance
Tax
Returned
Cum. Tax
Returned
190
10/1/2030
899.33
75.00
275.24
699.09
54,348.56
68.81
26,117.82
191
11/1/2030
899.33
75.00
271.74
702.59
53,645.97
67.94
26,185.75
192
12/1/2030
899.33
1,075.00
268.23
1,706.10
51,939.87
67.06
26,252.81
193
1/1/2031
899.33
75.00
259.70
714.63
51,225.24
64.93
26,317.73
194
2/1/2031
899.33
75.00
256.13
718.20
50,507.04
64.03
26,381.77
195
3/1/2031
899.33
75.00
252.54
721.79
49,785.25
63.14
26,444.90
196
4/1/2031
899.33
75.00
248.93
725.40
49,059.85
62.23
26,507.13
197
5/1/2031
899.33
75.00
245.30
729.03
48,330.82
61.33
26,568.46
198
6/1/2031
899.33
75.00
241.65
732.68
47,598.14
60.41
26,628.87
199
7/1/2031
899.33
75.00
237.99
736.34
46,861.80
59.50
26,688.37
200
8/1/2031
899.33
75.00
234.31
740.02
46,121.78
58.58
26,746.95
201
9/1/2031
899.33
75.00
230.61
743.72
45,378.06
57.65
26,804.60
202
10/1/2031
899.33
75.00
226.89
747.44
44,630.62
56.72
26,861.32
203
11/1/2031
899.33
75.00
223.15
751.18
43,879.44
55.79
26,917.11
204
12/1/2031
899.33
1,075.00
219.40
1,754.93
42,124.51
54.85
26,971.96
205
1/1/2032
899.33
75.00
210.62
763.71
41,360.80
52.66
27,024.61
206
2/1/2032
899.33
75.00
206.80
767.53
40,593.27
51.70
27,076.31
207
3/1/2032
899.33
75.00
202.97
771.36
39,821.91
50.74
27,127.06
208
4/1/2032
899.33
75.00
199.11
775.22
39,046.69
49.78
27,176.83
209
5/1/2032
899.33
75.00
195.23
779.10
38,267.59
48.81
27,225.64
210
6/1/2032
899.33
75.00
191.34
782.99
37,484.60
47.84
27,273.48
211
7/1/2032
899.33
75.00
187.42
786.91
36,697.69
46.86
27,320.33
212
8/1/2032
899.33
75.00
183.49
790.84
35,906.85
45.87
27,366.20
213
9/1/2032
899.33
75.00
179.53
794.80
35,112.05
44.88
27,411.09
214
10/1/2032
899.33
75.00
175.56
798.77
34,313.28
43.89
27,454.98
215
11/1/2032
899.33
75.00
171.57
802.76
33,510.52
42.89
27,497.87
216
12/1/2032
899.33
1,075.00
167.55
1,806.78
31,703.74
41.89
27,539.76
217
1/1/2033
899.33
75.00
158.52
815.81
30,887.93
39.63
27,579.39
218
2/1/2033
899.33
75.00
154.44
819.89
30,068.04
38.61
27,618.00
219
3/1/2033
899.33
75.00
150.34
823.99
29,244.05
37.59
27,655.58
220
4/1/2033
899.33
75.00
146.22
828.11
28,415.94
36.56
27,692.14
221
5/1/2033
899.33
75.00
142.08
832.25
27,583.69
35.52
27,727.66
222
6/1/2033
899.33
75.00
137.92
836.41
26,747.28
34.48
27,762.14
223
7/1/2033
899.33
75.00
133.74
840.59
25,906.69
33.44
27,795.57
224
8/1/2033
899.33
75.00
129.53
844.80
25,061.89
32.38
27,827.95
225
9/1/2033
899.33
75.00
125.31
849.02
24,212.87
31.33
27,859.28
226
10/1/2033
899.33
75.00
121.06
853.27
23,359.60
30.27
27,889.55
227
11/1/2033
899.33
75.00
116.80
857.53
22,502.07
29.20
27,918.75
228
12/1/2033
899.33
1,075.00
112.51
1,861.82
20,640.25
28.13
27,946.87
229
1/1/2034
899.33
75.00
103.20
871.13
19,769.12
25.80
27,972.67
230
2/1/2034
899.33
75.00
98.85
875.48
18,893.64
24.71
27,997.39
231
3/1/2034
899.33
75.00
94.47
879.86
18,013.78
23.62
28,021.00
232
4/1/2034
899.33
75.00
90.07
884.26
17,129.52
22.52
28,043.52
233
5/1/2034
899.33
75.00
85.65
888.68
16,240.84
21.41
28,064.93
234
6/1/2034
899.33
75.00
81.20
893.13
15,347.71
20.30
28,085.23
235
7/1/2034
899.33
75.00
76.74
897.59
14,450.12
19.19
28,104.42
236
8/1/2034
899.33
75.00
72.25
902.08
13,548.04
18.06
28,122.48
237
9/1/2034
899.33
75.00
67.74
906.59
12,641.45
16.94
28,139.42
238
10/1/2034
899.33
75.00
63.21
911.12
11,730.33
15.80
28,155.22
239
11/1/2034
899.33
75.00
58.65
915.68
10,814.65
14.66
28,169.88
240
12/1/2034
899.33
1,075.00
54.07
1,920.26
8,894.39
13.52
28,183.40
241
1/1/2035
899.33
75.00
44.47
929.86
7,964.53
11.12
28,194.52
242
2/1/2035
899.33
75.00
39.82
934.51
7,030.02
9.96
28,204.47
243
3/1/2035
899.33
75.00
35.15
939.18
6,090.84
8.79
28,213.26
244
4/1/2035
899.33
75.00
30.45
943.88
5,146.96
7.61
28,220.87
245
5/1/2035
899.33
75.00
25.73
948.60
4,198.36
6.43
28,227.30
246
6/1/2035
899.33
75.00
20.99
953.34
3,245.02
5.25
28,232.55
247
7/1/2035
899.33
75.00
16.23
958.10
2,286.92
4.06
28,236.61
248
8/1/2035
899.33
75.00
11.43
962.90
1,324.02
2.86
28,239.47
249
9/1/2035
899.33
75.00
6.62
967.71
356.31
1.66
28,241.12
250
10/1/2035
358.09
0.00
1.78
356.31
0.00
0.45
28,241.57
Additional
Payment
Page 3 of 18
No.
Payment
Date
Payment
Extra
Payments
Additional
Payment
Interest
Principal
Balance
Tax
Returned
Cum. Tax
Returned
Page 4 of 18
No.
Payment
Date
Payment
Extra
Payments
Additional
Payment
Interest
Principal
Balance
Tax
Returned
Cum. Tax
Returned
Page 5 of 18
Qualification Calculator
How Much Money Can I Borrow?

Appraised Value of Home
Loan to Value Ratio
175,000
80.00%
140,000
Maximum Allowable Debt
Balance on 1st Mortgage
Total Balance Owed
$
$
$
$
50,000
10,000
60,000
Potential Loan Amount:
80,000
Balance on 2nd Mortgage

Balance on other Liens
Other considerations affecting how much you can borrow

- State laws
- Credit history
- Income
- Other financial obligations
Hidden fees
- Property appraisal fee
- Originator fees
- Title fees
- Application fee
- Closing fees (attorney, filing, etc.)
- Early Pay-Off fees
[42]
2007 Vertex42 LLC
Home Equity Calculator

HELP
Summary Table
Estimate Your Home Equity after N Years

Current Value of Home
Yearly Appreciation Rate

Balance on 1st Mortgage
Monthly Payment (PI)
Balance on 2nd Mortgage
Monthly Payment (PI)
$
$
$
$
Years
1
Balance
Equity
142,665
10,335
134,746
21,314
126,194
32,987
116,958
45,407
5
6
7
8
106,981
58,631
96,202
72,723
150,000
2.00%
100,000
7.00%
1,040
50,000
10.00%
550
11.79 Years to Pay Off
87,749
71,965
103,784
Equity
$160,000
14.23 Years to Pay Off
84,554
Balance
$140,000
$120,000
Number of Years from Now
$100,000
(4 years, 0 months)
$80,000
$60,000
Unpaid Balance:
116,958
Pre-Tax Home Equity:
45,407
$40,000
$20,000
[42]
$-
Mo.
Interest Principle
Loan 1
Loan 1
Balance
Loan 1
$
Interest Principle
Loan 2
Loan 2
100,000
Balance
Loan 2
$
50,000
3
4
5
Years from Now
Total
Balance
Home
Value
150,000
150,000
Pre-Tax
Equity
$
583.33
456.67
99,543.33
416.67
133.33
49,866.67
149,410.00
150,247.74
837.74
580.67
459.33
99,084.00
415.56
134.44
49,732.22
148,816.23
150,495.88
1,679.66
577.99
462.01
98,621.99
414.44
135.56
49,596.66
148,218.65
150,744.44
2,525.79
575.29
464.71
98,157.29
413.31
136.69
49,459.96
147,617.25
150,993.41
3,376.16
572.58
467.42
97,689.87
412.17
137.83
49,322.13
147,012.00
151,242.78
4,230.78
569.86
470.14
97,219.73
411.02
138.98
49,183.15
146,402.88
151,492.57
5,089.70
567.12
472.88
96,746.84
409.86
140.14
49,043.01
145,789.85
151,742.78
5,952.93
564.36
475.64
96,271.20
408.69
141.31
48,901.70
145,172.90
151,993.39
6,820.49
561.58
478.42
95,792.78
407.51
142.49
48,759.21
144,552.00
152,244.42
7,692.43
10
558.79
481.21
95,311.57
406.33
143.67
48,615.54
143,927.11
152,495.87
8,568.75
11
555.98
484.02
94,827.56
405.13
144.87
48,470.67
143,298.23
152,747.72
9,449.50
12
553.16
486.84
94,340.72
403.92
146.08
48,324.59
142,665.31
153,000.00
10,334.69
13
550.32
489.68
93,851.04
402.70
147.30
48,177.30
142,028.34
153,252.69
11,224.36
14
547.46
492.54
93,358.50
401.48
148.52
48,028.77
141,387.28
153,505.80
12,118.52
15
544.59
495.41
92,863.10
400.24
149.76
47,879.01
140,742.11
153,759.33
13,017.22
16
541.70
498.30
92,364.80
398.99
151.01
47,728.00
140,092.80
154,013.27
13,920.47
17
538.79
501.21
91,863.59
397.73
152.27
47,575.74
139,439.33
154,267.64
14,828.31
18
535.87
504.13
91,359.46
396.46
153.54
47,422.20
138,781.67
154,522.43
15,740.76
19
532.93
507.07
90,852.39
395.19
154.81
47,267.39
138,119.78
154,777.63
16,657.85
20
529.97
510.03
90,342.37
393.89
156.11
47,111.28
137,453.65
155,033.26
17,579.61
21
527.00
513.00
89,829.36
392.59
157.41
46,953.88
136,783.24
155,289.31
18,506.07
22
524.00
516.00
89,313.37
391.28
158.72
46,795.16
136,108.53
155,545.78
19,437.26
23
520.99
519.01
88,794.36
389.96
160.04
46,635.12
135,429.48
155,802.68
20,373.20
24
517.97
522.03
88,272.33
388.63
161.37
46,473.74
134,746.07
156,060.00
21,313.93
25
514.92
525.08
87,747.25
387.28
162.72
46,311.03
134,058.28
156,317.75
22,259.47
26
511.86
528.14
87,219.11
385.93
164.07
46,146.95
133,366.06
156,575.92
23,209.86
27
508.78
531.22
86,687.89
384.56
165.44
45,981.51
132,669.40
156,834.52
24,165.12
28
505.68
534.32
86,153.57
383.18
166.82
45,814.69
131,968.26
157,093.54
25,125.28
29
502.56
537.44
85,616.13
381.79
168.21
45,646.48
131,262.61
157,352.99
26,090.39
30
499.43
540.57
85,075.56
380.39
169.61
45,476.86
130,552.42
157,612.87
27,060.45
31
496.27
543.73
84,531.83
378.97
171.03
45,305.84
129,837.67
157,873.18
28,035.51
32
493.10
546.90
83,984.93
377.55
172.45
45,133.39
129,118.32
158,133.92
29,015.60
33
489.91
550.09
83,434.85
376.11
173.89
44,959.50
128,394.34
158,395.10
30,000.75
34
486.70
553.30
82,881.55
374.66
175.34
44,784.16
127,665.71
158,656.70
30,990.99
35
483.48
556.52
82,325.02
373.20
176.80
44,607.36
126,932.39
158,918.73
31,986.35
36
480.23
559.77
81,765.25
371.73
178.27
44,429.09
126,194.34
159,181.20
32,986.86
37
476.96
563.04
81,202.22
370.24
179.76
44,249.33
125,451.55
159,444.10
33,992.55
Page 7 of 18
Mo.
Interest Principle
Loan 1
Loan 1
Balance
Loan 1
Interest Principle
Loan 2
Loan 2
Balance
Loan 2
Total
Balance
Home
Value
Pre-Tax
Equity
38
473.68
566.32
80,635.90
368.74
181.26
44,068.08
124,703.97
159,707.44
35,003.46
39
470.38
569.62
80,066.27
367.23
182.77
43,885.31
123,951.59
159,971.21
36,019.62
40
467.05
572.95
79,493.33
365.71
184.29
43,701.02
123,194.35
160,235.41
37,041.06
41
463.71
576.29
78,917.04
364.18
185.82
43,515.20
122,432.24
160,500.05
38,067.82
42
460.35
579.65
78,337.39
362.63
187.37
43,327.82
121,665.21
160,765.13
39,099.92
43
456.97
583.03
77,754.36
361.07
188.93
43,138.89
120,893.24
161,030.65
40,137.40
44
453.57
586.43
77,167.92
359.49
190.51
42,948.38
120,116.30
161,296.60
41,180.30
45
450.15
589.85
76,578.07
357.90
192.10
42,756.28
119,334.35
161,563.00
42,228.65
46
446.71
593.29
75,984.77
356.30
193.70
42,562.59
118,547.36
161,829.83
43,282.47
47
443.24
596.76
75,388.02
354.69
195.31
42,367.27
117,755.29
162,097.11
44,341.81
48
439.76
600.24
74,787.78
353.06
196.94
42,170.33
116,958.12
162,364.82
45,406.71
49
436.26
603.74
74,184.04
351.42
198.58
41,971.75
116,155.80
162,632.98
46,477.18
50
432.74
607.26
73,576.78
349.76
200.24
41,771.52
115,348.30
162,901.58
47,553.28
51
429.20
610.80
72,965.98
348.10
201.90
41,569.61
114,535.60
163,170.63
48,635.03
52
425.63
614.37
72,351.62
346.41
203.59
41,366.03
113,717.65
163,440.12
49,722.47
53
422.05
617.95
71,733.67
344.72
205.28
41,160.74
112,894.41
163,710.05
50,815.64
54
418.45
621.55
71,112.11
343.01
206.99
40,953.75
112,065.87
163,980.43
51,914.57
55
414.82
625.18
70,486.94
341.28
208.72
40,745.03
111,231.97
164,251.26
53,019.29
56
411.17
628.83
69,858.11
339.54
210.46
40,534.57
110,392.68
164,522.54
54,129.85
57
407.51
632.49
69,225.61
337.79
212.21
40,322.36
109,547.98
164,794.26
55,246.28
58
403.82
636.18
68,589.43
336.02
213.98
40,108.38
108,697.81
165,066.43
56,368.62
59
400.11
639.89
67,949.54
334.24
215.76
39,892.62
107,842.15
165,339.05
57,496.90
60
396.37
643.63
67,305.91
332.44
217.56
39,675.06
106,980.97
165,612.12
58,631.16
61
392.62
647.38
66,658.53
330.63
219.37
39,455.68
106,114.21
165,885.64
59,771.43
62
388.84
651.16
66,007.37
328.80
221.20
39,234.48
105,241.85
166,159.62
60,917.77
63
385.04
654.96
65,352.41
326.95
223.05
39,011.43
104,363.84
166,434.04
62,070.20
64
381.22
658.78
64,693.63
325.10
224.90
38,786.53
103,480.16
166,708.92
63,228.76
65
377.38
662.62
64,031.01
323.22
226.78
38,559.75
102,590.76
166,984.25
64,393.49
66
373.51
666.49
63,364.53
321.33
228.67
38,331.08
101,695.61
167,260.04
65,564.43
67
369.63
670.37
62,694.15
319.43
230.57
38,100.51
100,794.66
167,536.29
66,741.63
68
365.72
674.28
62,019.87
317.50
232.50
37,868.01
99,887.88
167,812.99
67,925.11
69
361.78
678.22
61,341.65
315.57
234.43
37,633.58
98,975.23
168,090.14
69,114.91
70
357.83
682.17
60,659.48
313.61
236.39
37,397.19
98,056.67
168,367.76
70,311.09
71
353.85
686.15
59,973.32
311.64
238.36
37,158.83
97,132.16
168,645.83
71,513.67
72
349.84
690.16
59,283.17
309.66
240.34
36,918.49
96,201.66
168,924.36
72,722.70
73
345.82
694.18
58,588.99
307.65
242.35
36,676.15
95,265.13
169,203.36
73,938.22
74
341.77
698.23
57,890.76
305.63
244.37
36,431.78
94,322.54
169,482.81
75,160.27
75
337.70
702.30
57,188.45
303.60
246.40
36,185.38
93,373.83
169,762.72
76,388.89
76
333.60
706.40
56,482.05
301.54
248.46
35,936.92
92,418.98
170,043.10
77,624.12
77
329.48
710.52
55,771.53
299.47
250.53
35,686.40
91,457.93
170,323.94
78,866.01
78
325.33
714.67
55,056.86
297.39
252.61
35,433.78
90,490.65
170,605.24
80,114.59
79
321.17
718.83
54,338.03
295.28
254.72
35,179.07
89,517.10
170,887.01
81,369.92
80
316.97
723.03
53,615.00
293.16
256.84
34,922.22
88,537.23
171,169.25
82,632.02
81
312.75
727.25
52,887.76
291.02
258.98
34,663.24
87,551.00
171,451.95
83,900.95
82
308.51
731.49
52,156.27
288.86
261.14
34,402.10
86,558.37
171,735.11
85,176.74
83
304.24
735.76
51,420.51
286.68
263.32
34,138.79
85,559.30
172,018.75
86,459.45
84
299.95
740.05
50,680.47
284.49
265.51
33,873.28
84,553.74
172,302.85
87,749.11
85
295.64
744.36
49,936.10
282.28
267.72
33,605.55
83,541.66
172,587.42
89,045.77
86
291.29
748.71
49,187.40
280.05
269.95
33,335.60
82,523.00
172,872.46
90,349.47
87
286.93
753.07
48,434.32
277.80
272.20
33,063.40
81,497.72
173,157.98
91,660.26
88
282.53
757.47
47,676.86
275.53
274.47
32,788.93
80,465.78
173,443.96
92,978.18
89
278.11
761.89
46,914.97
273.24
276.76
32,512.17
79,427.14
173,730.42
94,303.28
90
273.67
766.33
46,148.64
270.93
279.07
32,233.10
78,381.74
174,017.35
95,635.61
91
269.20
770.80
45,377.84
268.61
281.39
31,951.71
77,329.55
174,304.75
96,975.20
92
264.70
775.30
44,602.55
266.26
283.74
31,667.98
76,270.52
174,592.63
98,322.11
93
260.18
779.82
43,822.73
263.90
286.10
31,381.88
75,204.60
174,880.98
99,676.38
94
255.63
784.37
43,038.36
261.52
288.48
31,093.39
74,131.75
175,169.81
101,038.06
95
251.06
788.94
42,249.42
259.11
290.89
30,802.50
73,051.92
175,459.12
102,407.20
96
246.45
793.55
41,455.87
256.69
293.31
30,509.19
71,965.06
175,748.91
103,783.85
97
241.83
798.17
40,657.70
254.24
295.76
30,213.43
70,871.13
176,039.17
105,168.04
98
237.17
802.83
39,854.87
251.78
298.22
29,915.21
69,770.08
176,329.91
106,559.83
99
232.49
807.51
39,047.35
249.29
300.71
29,614.51
68,661.86
176,621.14
107,959.28
100
227.78
812.22
38,235.13
246.79
303.21
29,311.29
67,546.42
176,912.84
109,366.42
101
223.04
816.96
37,418.17
244.26
305.74
29,005.55
66,423.72
177,205.03
110,781.30
102
218.27
821.73
36,596.44
241.71
308.29
28,697.27
65,293.71
177,497.70
112,203.99
103
213.48
826.52
35,769.92
239.14
310.86
28,386.41
64,156.33
177,790.85
113,634.52
Page 8 of 18
Mo.
Interest Principle
Loan 1
Loan 1
Balance
Loan 1
Interest Principle
Loan 2
Loan 2
Balance
Loan 2
Total
Balance
Home
Value
Pre-Tax
Equity
104
208.66
831.34
34,938.58
236.55
313.45
28,072.96
63,011.54
178,084.48
115,072.94
105
203.81
836.19
34,102.39
233.94
316.06
27,756.91
61,859.29
178,378.60
116,519.31
106
198.93
841.07
33,261.32
231.31
318.69
27,438.21
60,699.53
178,673.21
117,973.68
107
194.02
845.98
32,415.34
228.65
321.35
27,116.86
59,532.21
178,968.30
119,436.10
108
189.09
850.91
31,564.43
225.97
324.03
26,792.84
58,357.27
179,263.89
120,906.62
109
184.13
855.87
30,708.56
223.27
326.73
26,466.11
57,174.67
179,559.95
122,385.29
110
179.13
860.87
29,847.69
220.55
329.45
26,136.66
55,984.35
179,856.51
123,872.16
111
174.11
865.89
28,981.80
217.81
332.19
25,804.47
54,786.27
180,153.56
125,367.29
112
169.06
870.94
28,110.86
215.04
334.96
25,469.51
53,580.37
180,451.10
126,870.73
113
163.98
876.02
27,234.84
212.25
337.75
25,131.75
52,366.59
180,749.13
128,382.53
114
158.87
881.13
26,353.71
209.43
340.57
24,791.18
51,144.90
181,047.65
129,902.75
115
153.73
886.27
25,467.44
206.59
343.41
24,447.78
49,915.22
181,346.66
131,431.45
116
148.56
891.44
24,576.00
203.73
346.27
24,101.51
48,677.51
181,646.17
132,968.66
117
143.36
896.64
23,679.36
200.85
349.15
23,752.35
47,431.72
181,946.18
134,514.46
118
138.13
901.87
22,777.49
197.94
352.06
23,400.29
46,177.78
182,246.68
136,068.89
119
132.87
907.13
21,870.36
195.00
355.00
23,045.29
44,915.65
182,547.67
137,632.02
120
127.58
912.42
20,957.94
192.04
357.96
22,687.34
43,645.27
182,849.16
139,203.89
121
122.25
917.75
20,040.19
189.06
360.94
22,326.40
42,366.59
183,151.15
140,784.56
122
116.90
923.10
19,117.09
186.05
363.95
21,962.45
41,079.54
183,453.64
142,374.10
123
111.52
928.48
18,188.61
183.02
366.98
21,595.47
39,784.08
183,756.63
143,972.55
124
106.10
933.90
17,254.71
179.96
370.04
21,225.43
38,480.14
184,060.12
145,579.98
125
100.65
939.35
16,315.36
176.88
373.12
20,852.31
37,167.67
184,364.11
147,196.44
126
95.17
944.83
15,370.54
173.77
376.23
20,476.08
35,846.62
184,668.60
148,821.99
127
89.66
950.34
14,420.20
170.63
379.37
20,096.72
34,516.91
184,973.60
150,456.69
128
84.12
955.88
13,464.32
167.47
382.53
19,714.19
33,178.50
185,279.10
152,100.59
129
78.54
961.46
12,502.86
164.28
385.72
19,328.47
31,831.33
185,585.10
153,753.77
130
72.93
967.07
11,535.79
161.07
388.93
18,939.54
30,475.33
185,891.61
155,416.28
131
67.29
972.71
10,563.08
157.83
392.17
18,547.37
29,110.46
186,198.62
157,088.17
132
61.62
978.38
9,584.70
154.56
395.44
18,151.93
27,736.63
186,506.15
158,769.51
133
55.91
984.09
8,600.61
151.27
398.73
17,753.20
26,353.81
186,814.18
160,460.36
134
50.17
989.83
7,610.78
147.94
402.06
17,351.14
24,961.92
187,122.72
162,160.79
135
44.40
995.60
6,615.18
144.59
405.41
16,945.74
23,560.91
187,431.76
163,870.85
136
38.59
1,001.41
5,613.77
141.21
408.79
16,536.95
22,150.72
187,741.32
165,590.61
137
32.75
1,007.25
4,606.51
137.81
412.19
16,124.76
20,731.27
188,051.39
167,320.12
138
26.87
1,013.13
3,593.38
134.37
415.63
15,709.13
19,302.52
188,361.97
169,059.46
139
20.96
1,019.04
2,574.35
130.91
419.09
15,290.04
17,864.39
188,673.07
170,808.68
140
15.02
1,024.98
1,549.36
127.42
422.58
14,867.46
16,416.82
188,984.68
172,567.86
141
9.04
1,030.96
518.40
123.90
426.10
14,441.35
14,959.75
189,296.80
174,337.05
142
3.02
515.38
3.02
120.34
429.66
14,011.70
14,014.72
189,609.44
175,594.72
143
0.02
3.01
0.02
116.76
433.24
13,578.46
13,578.48
189,922.60
176,344.12
144
0.00
0.02
0.00
113.15
436.85
13,141.62
13,141.62
190,236.27
177,094.65
145
0.00
0.00
0.00
109.51
440.49
12,701.13
12,701.13
190,550.46
177,849.33
146
0.00
0.00
0.00
105.84
444.16
12,256.97
12,256.97
190,865.17
178,608.20
147
0.00
0.00
0.00
102.14
447.86
11,809.11
11,809.11
191,180.40
179,371.28
148
0.00
0.00
0.00
98.41
451.59
11,357.52
11,357.52
191,496.15
180,138.63
149
0.00
0.00
0.00
94.65
455.35
10,902.17
10,902.17
191,812.42
180,910.25
150
0.00
0.00
0.00
90.85
459.15
10,443.02
10,443.02
192,129.21
181,686.19
151
0.00
0.00
0.00
87.03
462.97
9,980.05
9,980.05
192,446.53
182,466.48
152
0.00
0.00
0.00
83.17
466.83
9,513.21
9,513.21
192,764.37
183,251.16
153
0.00
0.00
0.00
79.28
470.72
9,042.49
9,042.49
193,082.74
184,040.25
154
0.00
0.00
0.00
75.35
474.65
8,567.84
8,567.84
193,401.63
184,833.79
155
0.00
0.00
0.00
71.40
478.60
8,089.24
8,089.24
193,721.05
185,631.81
156
0.00
0.00
0.00
67.41
482.59
7,606.65
7,606.65
194,040.99
186,434.34
157
0.00
0.00
0.00
63.39
486.61
7,120.04
7,120.04
194,361.47
187,241.43
158
0.00
0.00
0.00
59.33
490.67
6,629.38
6,629.38
194,682.47
188,053.10
159
0.00
0.00
0.00
55.24
494.76
6,134.62
6,134.62
195,004.01
188,869.39
160
0.00
0.00
0.00
51.12
498.88
5,635.74
5,635.74
195,326.07
189,690.33
161
0.00
0.00
0.00
46.96
503.04
5,132.71
5,132.71
195,648.67
190,515.96
162
0.00
0.00
0.00
42.77
507.23
4,625.48
4,625.48
195,971.80
191,346.32
163
0.00
0.00
0.00
38.55
511.45
4,114.02
4,114.02
196,295.46
192,181.44
164
0.00
0.00
0.00
34.28
515.72
3,598.31
3,598.31
196,619.66
193,021.35
165
0.00
0.00
0.00
29.99
520.01
3,078.29
3,078.29
196,944.39
193,866.10
166
0.00
0.00
0.00
25.65
524.35
2,553.95
2,553.95
197,269.66
194,715.72
167
0.00
0.00
0.00
21.28
528.72
2,025.23
2,025.23
197,595.47
195,570.24
168
0.00
0.00
0.00
16.88
533.12
1,492.11
1,492.11
197,921.81
196,429.71
169
0.00
0.00
0.00
12.43
537.57
954.54
954.54
198,248.70
197,294.16
Page 9 of 18
Mo.
Interest Principle
Loan 1
Loan 1
Balance
Loan 1
Interest Principle
Loan 2
Loan 2
Balance
Loan 2
Total
Balance
Home
Value
Pre-Tax
Equity
170
0.00
0.00
0.00
7.95
542.05
412.50
412.50
198,576.12
198,163.63
171
0.00
0.00
0.00
3.44
409.06
3.44
3.44
198,904.09
198,900.65
172
0.00
0.00
0.00
0.03
3.41
0.03
0.03
199,232.59
199,232.56
173
0.00
0.00
0.00
0.00
0.03
0.00
0.00
199,561.64
199,561.64
174
0.00
0.00
0.00
0.00
0.00
0.00
0.00
199,891.23
199,891.23
175
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,221.37
200,221.37
176
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,552.05
200,552.05
177
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,883.28
200,883.28
178
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201,215.06
201,215.06
179
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201,547.38
201,547.38
180
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201,880.25
201,880.25
181
0.00
0.00
0.00
0.00
0.00
0.00
0.00
202,213.67
202,213.67
182
0.00
0.00
0.00
0.00
0.00
0.00
0.00
202,547.64
202,547.64
183
0.00
0.00
0.00
0.00
0.00
0.00
0.00
202,882.17
202,882.17
184
0.00
0.00
0.00
0.00
0.00
0.00
0.00
203,217.25
203,217.25
185
0.00
0.00
0.00
0.00
0.00
0.00
0.00
203,552.87
203,552.87
186
0.00
0.00
0.00
0.00
0.00
0.00
0.00
203,889.06
203,889.06
187
0.00
0.00
0.00
0.00
0.00
0.00
0.00
204,225.80
204,225.80
188
0.00
0.00
0.00
0.00
0.00
0.00
0.00
204,563.09
204,563.09
189
0.00
0.00
0.00
0.00
0.00
0.00
0.00
204,900.95
204,900.95
190
0.00
0.00
0.00
0.00
0.00
0.00
0.00
205,239.36
205,239.36
191
0.00
0.00
0.00
0.00
0.00
0.00
0.00
205,578.33
205,578.33
192
0.00
0.00
0.00
0.00
0.00
0.00
0.00
205,917.86
205,917.86
193
0.00
0.00
0.00
0.00
0.00
0.00
0.00
206,257.95
206,257.95
194
0.00
0.00
0.00
0.00
0.00
0.00
0.00
206,598.60
206,598.60
195
0.00
0.00
0.00
0.00
0.00
0.00
0.00
206,939.81
206,939.81
196
0.00
0.00
0.00
0.00
0.00
0.00
0.00
207,281.59
207,281.59
197
0.00
0.00
0.00
0.00
0.00
0.00
0.00
207,623.93
207,623.93
198
0.00
0.00
0.00
0.00
0.00
0.00
0.00
207,966.84
207,966.84
199
0.00
0.00
0.00
0.00
0.00
0.00
0.00
208,310.31
208,310.31
200
0.00
0.00
0.00
0.00
0.00
0.00
0.00
208,654.36
208,654.36
201
0.00
0.00
0.00
0.00
0.00
0.00
0.00
208,998.97
208,998.97
202
0.00
0.00
0.00
0.00
0.00
0.00
0.00
209,344.14
209,344.14
203
0.00
0.00
0.00
0.00
0.00
0.00
0.00
209,689.89
209,689.89
204
0.00
0.00
0.00
0.00
0.00
0.00
0.00
210,036.21
210,036.21
205
0.00
0.00
0.00
0.00
0.00
0.00
0.00
210,383.10
210,383.10
206
0.00
0.00
0.00
0.00
0.00
0.00
0.00
210,730.57
210,730.57
207
0.00
0.00
0.00
0.00
0.00
0.00
0.00
211,078.61
211,078.61
208
0.00
0.00
0.00
0.00
0.00
0.00
0.00
211,427.22
211,427.22
209
0.00
0.00
0.00
0.00
0.00
0.00
0.00
211,776.41
211,776.41
210
0.00
0.00
0.00
0.00
0.00
0.00
0.00
212,126.18
212,126.18
211
0.00
0.00
0.00
0.00
0.00
0.00
0.00
212,476.52
212,476.52
212
0.00
0.00
0.00
0.00
0.00
0.00
0.00
212,827.44
212,827.44
213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
213,178.94
213,178.94
214
0.00
0.00
0.00
0.00
0.00
0.00
0.00
213,531.03
213,531.03
215
0.00
0.00
0.00
0.00
0.00
0.00
0.00
213,883.69
213,883.69
216
0.00
0.00
0.00
0.00
0.00
0.00
0.00
214,236.94
214,236.94
217
0.00
0.00
0.00
0.00
0.00
0.00
0.00
214,590.77
214,590.77
218
0.00
0.00
0.00
0.00
0.00
0.00
0.00
214,945.18
214,945.18
219
0.00
0.00
0.00
0.00
0.00
0.00
0.00
215,300.18
215,300.18
220
0.00
0.00
0.00
0.00
0.00
0.00
0.00
215,655.77
215,655.77
221
0.00
0.00
0.00
0.00
0.00
0.00
0.00
216,011.94
216,011.94
222
0.00
0.00
0.00
0.00
0.00
0.00
0.00
216,368.70
216,368.70
223
0.00
0.00
0.00
0.00
0.00
0.00
0.00
216,726.05
216,726.05
224
0.00
0.00
0.00
0.00
0.00
0.00
0.00
217,083.99
217,083.99
225
0.00
0.00
0.00
0.00
0.00
0.00
0.00
217,442.52
217,442.52
226
0.00
0.00
0.00
0.00
0.00
0.00
0.00
217,801.65
217,801.65
227
0.00
0.00
0.00
0.00
0.00
0.00
0.00
218,161.36
218,161.36
228
0.00
0.00
0.00
0.00
0.00
0.00
0.00
218,521.68
218,521.68
229
0.00
0.00
0.00
0.00
0.00
0.00
0.00
218,882.58
218,882.58
230
0.00
0.00
0.00
0.00
0.00
0.00
0.00
219,244.08
219,244.08
231
0.00
0.00
0.00
0.00
0.00
0.00
0.00
219,606.18
219,606.18
232
0.00
0.00
0.00
0.00
0.00
0.00
0.00
219,968.88
219,968.88
233
0.00
0.00
0.00
0.00
0.00
0.00
0.00
220,332.18
220,332.18
234
0.00
0.00
0.00
0.00
0.00
0.00
0.00
220,696.07
220,696.07
235
0.00
0.00
0.00
0.00
0.00
0.00
0.00
221,060.57
221,060.57
Page 10 of 18
Mo.
Interest Principle
Loan 1
Loan 1
Balance
Loan 1
Interest Principle
Loan 2
Loan 2
Balance
Loan 2
Total
Balance
Home
Value
Pre-Tax
Equity
236
0.00
0.00
0.00
0.00
0.00
0.00
0.00
221,425.67
221,425.67
237
0.00
0.00
0.00
0.00
0.00
0.00
0.00
221,791.37
221,791.37
238
0.00
0.00
0.00
0.00
0.00
0.00
0.00
222,157.68
222,157.68
239
0.00
0.00
0.00
0.00
0.00
0.00
0.00
222,524.59
222,524.59
240
0.00
0.00
0.00
0.00
0.00
0.00
0.00
222,892.11
222,892.11
241
0.00
0.00
0.00
0.00
0.00
0.00
0.00
223,260.23
223,260.23
242
0.00
0.00
0.00
0.00
0.00
0.00
0.00
223,628.97
223,628.97
243
0.00
0.00
0.00
0.00
0.00
0.00
0.00
223,998.31
223,998.31
244
0.00
0.00
0.00
0.00
0.00
0.00
0.00
224,368.26
224,368.26
245
0.00
0.00
0.00
0.00
0.00
0.00
0.00
224,738.82
224,738.82
246
0.00
0.00
0.00
0.00
0.00
0.00
0.00
225,110.00
225,110.00
247
0.00
0.00
0.00
0.00
0.00
0.00
0.00
225,481.78
225,481.78
248
0.00
0.00
0.00
0.00
0.00
0.00
0.00
225,854.18
225,854.18
249
0.00
0.00
0.00
0.00
0.00
0.00
0.00
226,227.20
226,227.20
250
0.00
0.00
0.00
0.00
0.00
0.00
0.00
226,600.83
226,600.83
251
0.00
0.00
0.00
0.00
0.00
0.00
0.00
226,975.08
226,975.08
252
0.00
0.00
0.00
0.00
0.00
0.00
0.00
227,349.95
227,349.95
253
0.00
0.00
0.00
0.00
0.00
0.00
0.00
227,725.44
227,725.44
254
0.00
0.00
0.00
0.00
0.00
0.00
0.00
228,101.55
228,101.55
255
0.00
0.00
0.00
0.00
0.00
0.00
0.00
228,478.27
228,478.27
256
0.00
0.00
0.00
0.00
0.00
0.00
0.00
228,855.62
228,855.62
257
0.00
0.00
0.00
0.00
0.00
0.00
0.00
229,233.60
229,233.60
258
0.00
0.00
0.00
0.00
0.00
0.00
0.00
229,612.20
229,612.20
259
0.00
0.00
0.00
0.00
0.00
0.00
0.00
229,991.42
229,991.42
260
0.00
0.00
0.00
0.00
0.00
0.00
0.00
230,371.27
230,371.27
261
0.00
0.00
0.00
0.00
0.00
0.00
0.00
230,751.75
230,751.75
262
0.00
0.00
0.00
0.00
0.00
0.00
0.00
231,132.85
231,132.85
263
0.00
0.00
0.00
0.00
0.00
0.00
0.00
231,514.59
231,514.59
264
0.00
0.00
0.00
0.00
0.00
0.00
0.00
231,896.95
231,896.95
265
0.00
0.00
0.00
0.00
0.00
0.00
0.00
232,279.95
232,279.95
266
0.00
0.00
0.00
0.00
0.00
0.00
0.00
232,663.58
232,663.58
267
0.00
0.00
0.00
0.00
0.00
0.00
0.00
233,047.84
233,047.84
268
0.00
0.00
0.00
0.00
0.00
0.00
0.00
233,432.74
233,432.74
269
0.00
0.00
0.00
0.00
0.00
0.00
0.00
233,818.27
233,818.27
270
0.00
0.00
0.00
0.00
0.00
0.00
0.00
234,204.44
234,204.44
271
0.00
0.00
0.00
0.00
0.00
0.00
0.00
234,591.25
234,591.25
272
0.00
0.00
0.00
0.00
0.00
0.00
0.00
234,978.69
234,978.69
273
0.00
0.00
0.00
0.00
0.00
0.00
0.00
235,366.78
235,366.78
274
0.00
0.00
0.00
0.00
0.00
0.00
0.00
235,755.51
235,755.51
275
0.00
0.00
0.00
0.00
0.00
0.00
0.00
236,144.88
236,144.88
276
0.00
0.00
0.00
0.00
0.00
0.00
0.00
236,534.89
236,534.89
277
0.00
0.00
0.00
0.00
0.00
0.00
0.00
236,925.55
236,925.55
278
0.00
0.00
0.00
0.00
0.00
0.00
0.00
237,316.85
237,316.85
279
0.00
0.00
0.00
0.00
0.00
0.00
0.00
237,708.80
237,708.80
280
0.00
0.00
0.00
0.00
0.00
0.00
0.00
238,101.39
238,101.39
281
0.00
0.00
0.00
0.00
0.00
0.00
0.00
238,494.64
238,494.64
282
0.00
0.00
0.00
0.00
0.00
0.00
0.00
238,888.53
238,888.53
283
0.00
0.00
0.00
0.00
0.00
0.00
0.00
239,283.07
239,283.07
284
0.00
0.00
0.00
0.00
0.00
0.00
0.00
239,678.27
239,678.27
285
0.00
0.00
0.00
0.00
0.00
0.00
0.00
240,074.12
240,074.12
286
0.00
0.00
0.00
0.00
0.00
0.00
0.00
240,470.62
240,470.62
287
0.00
0.00
0.00
0.00
0.00
0.00
0.00
240,867.77
240,867.77
288
0.00
0.00
0.00
0.00
0.00
0.00
0.00
241,265.59
241,265.59
289
0.00
0.00
0.00
0.00
0.00
0.00
0.00
241,664.06
241,664.06
290
0.00
0.00
0.00
0.00
0.00
0.00
0.00
242,063.18
242,063.18
291
0.00
0.00
0.00
0.00
0.00
0.00
0.00
242,462.97
242,462.97
292
0.00
0.00
0.00
0.00
0.00
0.00
0.00
242,863.42
242,863.42
293
0.00
0.00
0.00
0.00
0.00
0.00
0.00
243,264.53
243,264.53
294
0.00
0.00
0.00
0.00
0.00
0.00
0.00
243,666.30
243,666.30
295
0.00
0.00
0.00
0.00
0.00
0.00
0.00
244,068.73
244,068.73
296
0.00
0.00
0.00
0.00
0.00
0.00
0.00
244,471.83
244,471.83
297
0.00
0.00
0.00
0.00
0.00
0.00
0.00
244,875.60
244,875.60
298
0.00
0.00
0.00
0.00
0.00
0.00
0.00
245,280.03
245,280.03
299
0.00
0.00
0.00
0.00
0.00
0.00
0.00
245,685.13
245,685.13
300
0.00
0.00
0.00
0.00
0.00
0.00
0.00
246,090.90
246,090.90
301
0.00
0.00
0.00
0.00
0.00
0.00
0.00
246,497.34
246,497.34
Page 11 of 18
Mo.
Interest Principle
Loan 1
Loan 1
Balance
Loan 1
Interest Principle
Loan 2
Loan 2
Balance
Loan 2
Total
Balance
Home
Value
Pre-Tax
Equity
302
0.00
0.00
0.00
0.00
0.00
0.00
0.00
246,904.45
246,904.45
303
0.00
0.00
0.00
0.00
0.00
0.00
0.00
247,312.23
247,312.23
304
0.00
0.00
0.00
0.00
0.00
0.00
0.00
247,720.69
247,720.69
305
0.00
0.00
0.00
0.00
0.00
0.00
0.00
248,129.82
248,129.82
306
0.00
0.00
0.00
0.00
0.00
0.00
0.00
248,539.63
248,539.63
307
0.00
0.00
0.00
0.00
0.00
0.00
0.00
248,950.11
248,950.11
308
0.00
0.00
0.00
0.00
0.00
0.00
0.00
249,361.27
249,361.27
309
0.00
0.00
0.00
0.00
0.00
0.00
0.00
249,773.11
249,773.11
310
0.00
0.00
0.00
0.00
0.00
0.00
0.00
250,185.63
250,185.63
311
0.00
0.00
0.00
0.00
0.00
0.00
0.00
250,598.83
250,598.83
312
0.00
0.00
0.00
0.00
0.00
0.00
0.00
251,012.72
251,012.72
313
0.00
0.00
0.00
0.00
0.00
0.00
0.00
251,427.29
251,427.29
314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
251,842.54
251,842.54
315
0.00
0.00
0.00
0.00
0.00
0.00
0.00
252,258.48
252,258.48
316
0.00
0.00
0.00
0.00
0.00
0.00
0.00
252,675.10
252,675.10
317
0.00
0.00
0.00
0.00
0.00
0.00
0.00
253,092.41
253,092.41
318
0.00
0.00
0.00
0.00
0.00
0.00
0.00
253,510.42
253,510.42
319
0.00
0.00
0.00
0.00
0.00
0.00
0.00
253,929.11
253,929.11
320
0.00
0.00
0.00
0.00
0.00
0.00
0.00
254,348.50
254,348.50
321
0.00
0.00
0.00
0.00
0.00
0.00
0.00
254,768.57
254,768.57
322
0.00
0.00
0.00
0.00
0.00
0.00
0.00
255,189.34
255,189.34
323
0.00
0.00
0.00
0.00
0.00
0.00
0.00
255,610.81
255,610.81
324
0.00
0.00
0.00
0.00
0.00
0.00
0.00
256,032.97
256,032.97
325
0.00
0.00
0.00
0.00
0.00
0.00
0.00
256,455.83
256,455.83
326
0.00
0.00
0.00
0.00
0.00
0.00
0.00
256,879.39
256,879.39
327
0.00
0.00
0.00
0.00
0.00
0.00
0.00
257,303.65
257,303.65
328
0.00
0.00
0.00
0.00
0.00
0.00
0.00
257,728.60
257,728.60
329
0.00
0.00
0.00
0.00
0.00
0.00
0.00
258,154.26
258,154.26
330
0.00
0.00
0.00
0.00
0.00
0.00
0.00
258,580.63
258,580.63
331
0.00
0.00
0.00
0.00
0.00
0.00
0.00
259,007.69
259,007.69
332
0.00
0.00
0.00
0.00
0.00
0.00
0.00
259,435.47
259,435.47
333
0.00
0.00
0.00
0.00
0.00
0.00
0.00
259,863.94
259,863.94
334
0.00
0.00
0.00
0.00
0.00
0.00
0.00
260,293.13
260,293.13
335
0.00
0.00
0.00
0.00
0.00
0.00
0.00
260,723.03
260,723.03
336
0.00
0.00
0.00
0.00
0.00
0.00
0.00
261,153.63
261,153.63
337
0.00
0.00
0.00
0.00
0.00
0.00
0.00
261,584.95
261,584.95
338
0.00
0.00
0.00
0.00
0.00
0.00
0.00
262,016.98
262,016.98
339
0.00
0.00
0.00
0.00
0.00
0.00
0.00
262,449.72
262,449.72
340
0.00
0.00
0.00
0.00
0.00
0.00
0.00
262,883.18
262,883.18
341
0.00
0.00
0.00
0.00
0.00
0.00
0.00
263,317.35
263,317.35
342
0.00
0.00
0.00
0.00
0.00
0.00
0.00
263,752.24
263,752.24
343
0.00
0.00
0.00
0.00
0.00
0.00
0.00
264,187.85
264,187.85
344
0.00
0.00
0.00
0.00
0.00
0.00
0.00
264,624.17
264,624.17
345
0.00
0.00
0.00
0.00
0.00
0.00
0.00
265,061.22
265,061.22
346
0.00
0.00
0.00
0.00
0.00
0.00
0.00
265,498.99
265,498.99
347
0.00
0.00
0.00
0.00
0.00
0.00
0.00
265,937.49
265,937.49
348
0.00
0.00
0.00
0.00
0.00
0.00
0.00
266,376.70
266,376.70
349
0.00
0.00
0.00
0.00
0.00
0.00
0.00
266,816.65
266,816.65
350
0.00
0.00
0.00
0.00
0.00
0.00
0.00
267,257.32
267,257.32
351
0.00
0.00
0.00
0.00
0.00
0.00
0.00
267,698.71
267,698.71
352
0.00
0.00
0.00
0.00
0.00
0.00
0.00
268,140.84
268,140.84
353
0.00
0.00
0.00
0.00
0.00
0.00
0.00
268,583.70
268,583.70
354
0.00
0.00
0.00
0.00
0.00
0.00
0.00
269,027.28
269,027.28
355
0.00
0.00
0.00
0.00
0.00
0.00
0.00
269,471.60
269,471.60
356
0.00
0.00
0.00
0.00
0.00
0.00
0.00
269,916.66
269,916.66
357
0.00
0.00
0.00
0.00
0.00
0.00
0.00
270,362.45
270,362.45
358
0.00
0.00
0.00
0.00
0.00
0.00
0.00
270,808.97
270,808.97
359
0.00
0.00
0.00
0.00
0.00
0.00
0.00
271,256.24
271,256.24
360
0.00
0.00
0.00
0.00
0.00
0.00
0.00
271,704.24
271,704.24
[42]
Page 12 of 18
HELP
Getting Started
Additional Help
SEE ALSO
SEE ALSO
TIPS
p://www.vertex42.com/Calculators/home-equity-loan-calculator.html
etting Started
General help information for how to use each calculator is provided on the right side of each
worksheet. Specific help information for cells is provided via cell comments.
dditional Help
The link at the top of this worksheet will take you to the web page on vertex42.com that talks about
this template.
REFERENCES
Vertex42.com: Home Mortgage Calculator
Vertex42.com: Personal Budget Spreadsheet
Vertex42.com: Spreadsheet Tips Workbook
Home Equity Loan Calculator
ome Equity Loan Calculator

By Vertex42.com

This spreadsheet, including all worksheets and associated content is a copyrighted work
under the United States and other copyright laws.
Do not submit copies or modifications of this template to any website or online template
gallery.
Please review the following license agreement to learn how you may or may not use this
template. Thank you.
See License Agreement
http://www.vertex42.com/licensing/EULA_personaluse.html
Do not delete this worksheet. If necessary, you may hide it by right-clicking on the tab and
selecting Hide.

Home Equity Loan Calculator

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Home Equity Loan Calculator

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Home Equity Loan Calculator

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Balance Due at Specified Period

Annual Interest Rate

Term Length (in Years)

Extra Payments (Prepayments)

Edit the white cells. All the others are calculated.

The payment and the interest are rounded to the

Using This Worksheet

Totals Assuming No Extra Payments

2007-2016 Vertex42 LLC

How Much Money Can I Borrow?

Loan to Value Ratio

Maximum Allowable Debt

Balance on 1st Mortgage

Total Balance Owed

Potential Loan Amount:

Balance on 2nd Mortgage

Other considerations affecting how much you can borrow

2007 Vertex42 LLC

Home Equity Calculator

2007-2016 Vertex42 LLC

Estimate Your Home Equity after N Years

Yearly Appreciation Rate

11.79 Years to Pay Off

Number of Years from Now

Pre-Tax Home Equity:

2007-2016 Vertex42 LLC

007-2016 Vertex42 LLC

Home Equity Loan Calculator

ome Equity Loan Calculator

2007-2016 Vertex42 LLC

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