$100,000 HELOC payment

Estimated monthly cost of a $100,000 home equity line of credit, during the draw period and in repayment.

What does a $100,000 HELOC cost each month? During the interest-only draw period the payment is just the interest on your balance; once repayment begins (here over 20 years) you also repay principal, so the payment is higher. The table shows both at a range of rates.

Interest rate	Interest-only (draw period)	Principal + interest (20-yr repay)
7%	$583	$775
8%	$667	$836
9%	$750	$900
10%	$833	$965

HELOC rates are variable, so treat these as snapshots. At 9%, a $100,000 balance runs about $750/month interest-only, rising to roughly $900/month once you're repaying principal.

Try your own numbers

Use the HELOC payment calculator to set your own rate and terms, or compare a fixed lump sum with the home equity loan calculator.

Illustrative only. Variable rates change; your actual payment and terms depend on your lender.