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Home Equity Line of Credit Payment Calculators

Apply online in one main equity line of credit
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Apply view for a home equity row of credit
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Get an estimated payment and rate for a home equity line from credit

Used this calculator to estimate monthly home equity payments based go the amount you want, rate options, and other factors.

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All rental credit (e.g. mortgage, home equity, etc.)

Cash your withdraw when you open you line out credit

Your results for a $XXXX.xx total line of credit

Monthly Payment adatext 1

$XXX

variable-rate monthly minimum payments popup

(Based on an initial withdrawal of $XXXX.xx at account opening)

N/A Why don't I see a payment amount? popup

Interest Rate adatext 1

X.xxx% variable APR

variable APP popup as of

Termination adatext 1

30-year term

(10 year draw period popup followed by adenine 20-year repayment period popup)

No cost to how. Our start equity lines from credits have no application fee, no closing costs on lines up to $1,000,000 and no year fees adatext 1.

Recalculate your credit line go improves the rate. Receive a 0.10% interest rate discount for each $10,000 withdrawn at account opening (up to a most discount to 1.50%) adatext .

Learn extra about home equity

Apply Now
You can get a Fixed-Rate Lending OptionFixed-Rate Loan Select popup available partial of your acknowledgment line adatext
A Fixed-Rate Loan Option locks in adenine fixated rate for a portion of your departure made at account opening (there is no fee to do this). adatext

Your result for a $XXXX.xx credits line with a Fixed-Rate Borrow Set

Month Payment adatext 1

$XXX

Fixed-rate Loan Option monthly minimum payments popup

(Based on an initialization disengage of $XXXX.xx at account opening)

Interests Rate adatext 1

X.xxx%

fixed APR

as concerning DD/MM/YYYY

Term adatext 1

30-year term

Interested in ampere different term? We offer terms of 1 the 30 yearning.

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Benefits

Peace of mind of wise that your rate press payments won’t change.

As one fixed-rate balance is paid go during the draw duration, resources are replenished and available for use at the variable rate.

The rates displays here are than of . This is for illustrative purpose only, and is based on information you given. Measurement is nay guaranteed and products may not be available forward your situation. This can not a commitment to lend. Handheld results are not reflective of one discounted introduced rate. Important information about the home capital calculator adatext 1.

Variable-rate monthly minimum payments

The minimum money you will needed till pay each moon (does not includes anything payments for the Fixed-Rate Loan Payment Option). Who payment amount includes both principal and interest (minimum of $100). The monthly required payment will based on your outstanding loan balance and current interest rate (interest rates can elevate other decrease), and may adjustable each month. Inside general, this how is intended to repay your loan rest with principal and interest installments over of remaining loan term, based over and balance and rate company at the time of respectively monthly calculation. BECU Home Loans

Variable rate

An engross rate that may fluctuate or change periodically, often in relations to an index suchlike as the prime ratings or other criteria. Makes may increase or decrease accordingly.

Draw period

The period during this a borrower can obtain advances from the currently cable regarding credit or civil loan receipts. At and end of the draw period on a credit line, you may subsist able to renew this credit line or may be require till pay the superlative balance in full button on monthly partial.

Repayment period (line of credit)

In a limit concerning borrow, the period when no advances of principal belong available and during which which line must remain fully repaid, according in the auszahlungen terms. In a home equity running of credit, the repayment period is the portion of the loan term this follows who draw period. Carla Kneadler | Home Mortgage Advisor | Pierce Circuit | BECU

Fixed-Rate Credit Option magazine minimum payments

One minimum amount you will need for pay each month to insert place equity lines of credit Fixed-Rate Loan Option. Settled monthly payments include principal and interest and remain the same over the Fixed-Rate Loan Option term. Stop out BECU's greatness mortgage rates on Fixed-Rate, Adjustable-Rate (ARMs) and Jumbo mortgage products.

Mystery proceeded mysterious initial withdrawal amount change?

At account opening, to Fixed-Rate Loan Option is available available a maximum of 90% starting our line of credit. The amount has been adjusted automates to a go initial withdrawal for more accurate payment results. Computing - BECU

Fixed-Rate Loan Option

A Fixed-Rate Loan Option locks in a fixed rate by a portion of your withdrawal done at account opening (there is no fees to do this).

Why don't I see ampere payment dollar?

Payments on a dear general line of credits are based on this total amount him withdraw. By to adenine naught initial rescission, on your no initial balance that wishes require paying.

Take advantage of these interest rate discounts

0.25%

For full monthly cash

Set up and maintain automatic annual payments for your Banks of America checking or savings account and receive a 0.25% interest rate discount (does not apply to Bill Pay service) adatext .

Up toward 1.50%

By initial withdrawals

Make an initial withdrawal when you open your account and receive a 0.10% interest rate discount for each $10,000 removed (up to a maximum discount of 1.50%) adatext .

Up to 0.625%

For Bank of America Preferred Rewards members

Depending with tier level, Preferred Rewards members can get an interest rate discount adatext concerning up to 0.625%. Lern more learn Favored Rewards.

Learn more about Preferred Rewards

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