Calculators
A HELOC's payment looks very different during the draw period than after it ends — see both, plus how much you could realistically qualify for.
$120,000
Max HELOC line (by CLTV)
$283
Interest-only payment (draw period)
$496
Payment during repayment period
Most HELOCs charge interest-only during the draw period, then fully amortize whatever's drawn over a separate repayment period — this shows both, since the payment can change substantially between the two.
These calculators provide estimates for educational purposes only — they are not a loan quote, rate lock, pre-approval, or commitment to lend, and actual figures depend on your full application, credit profile, and current rates through Unitas Lending. Property tax, insurance, and HOA figures are user-entered estimates, not verified amounts.
Want real numbers instead of an estimate? Get pre-approved.
Frequently Asked
Most HELOCs only require interest-only payments while you're still drawing funds — the payment jumps up once the repayment period starts and you begin paying down principal too.
Usually not — most HELOCs carry a variable rate tied to an index like the prime rate, so your payment can change over the life of the line even if you don't draw any additional funds.