Loan Information Loan amount? $ 50000 Interest rate? % 4.9 Interest-only period (years)? 10 Repayment period (years)? 10 Printer-friendly version Line of Credit Information Loan Amount Draw Period Payment Repayment Period Payment Chart Table Amortization Home Equity Line of Credit Payoff ScheduleYearInterest PaidPrincipal PaidEnding Balance000-50000.001$ 2,450.04$ 0.00$ 50,000.002$ 2,450.04$ 0.00$ 50,000.003$ 2,450.04$ 0.00$ 50,000.004$ 2,450.04$ 0.00$ 50,000.005$ 2,450.04$ 0.00$ 50,000.006$ 2,450.04$ 0.00$ 50,000.007$ 2,450.04$ 0.00$ 50,000.008$ 2,450.04$ 0.00$ 50,000.009$ 2,450.04$ 0.00$ 50,000.0010$ 2,450.04$ 0.00$ 50,000.0011$ 2,361.55$ 3,973.13$ 46,026.8712$ 2,162.44$ 4,172.24$ 41,854.6313$ 1,953.37$ 4,381.31$ 37,473.3214$ 1,733.79$ 4,600.89$ 32,872.4315$ 1,503.21$ 4,831.47$ 28,040.9616$ 1,261.08$ 5,073.60$ 22,967.3617$ 1,006.80$ 5,327.88$ 17,639.4818$ 739.80$ 5,594.88$ 12,044.6019$ 459.40$ 5,875.28$ 6,169.3220$ 164.96$ 6,169.32$ 0.00 Amortization ScheduleMonthStarting BalancePayment MadeInterest PaidPrincipal PaidEnding Balance1$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.002$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.003$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.004$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.005$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.006$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.007$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.008$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.009$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0010$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0011$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0012$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0013$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0014$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0015$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0016$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0017$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0018$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0019$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0020$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0021$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0022$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0023$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0024$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0025$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0026$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0027$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0028$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0029$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0030$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0031$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0032$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0033$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0034$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0035$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0036$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0037$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0038$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0039$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0040$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0041$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0042$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0043$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0044$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0045$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0046$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0047$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0048$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0049$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0050$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0051$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0052$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0053$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0054$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0055$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0056$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0057$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0058$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0059$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0060$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0061$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0062$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0063$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0064$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0065$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0066$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0067$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0068$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0069$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0070$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0071$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0072$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0073$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0074$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0075$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0076$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0077$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0078$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0079$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0080$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0081$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0082$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0083$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0084$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0085$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0086$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0087$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0088$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0089$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0090$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0091$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0092$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0093$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0094$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0095$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0096$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0097$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0098$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.0099$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00100$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00101$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00102$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00103$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00104$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00105$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00106$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00107$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00108$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00109$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00110$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00111$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00112$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00113$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00114$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00115$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00116$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00117$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00118$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00119$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00120$ 50,000.00$ 204.17$ 204.17$ 0.00$ 50,000.00122$ 50,000.00$ 527.89$ 204.17$ 323.72$ 49,676.28123$ 49,676.28$ 527.89$ 202.84$ 325.05$ 49,351.23124$ 49,351.23$ 527.89$ 201.52$ 326.37$ 49,024.86125$ 49,024.86$ 527.89$ 200.18$ 327.71$ 48,697.15126$ 48,697.15$ 527.89$ 198.85$ 329.04$ 48,368.11127$ 48,368.11$ 527.89$ 197.50$ 330.39$ 48,037.72128$ 48,037.72$ 527.89$ 196.15$ 331.74$ 47,705.98129$ 47,705.98$ 527.89$ 194.80$ 333.09$ 47,372.89130$ 47,372.89$ 527.89$ 193.44$ 334.45$ 47,038.44131$ 47,038.44$ 527.89$ 192.07$ 335.82$ 46,702.62132$ 46,702.62$ 527.89$ 190.70$ 337.19$ 46,365.43133$ 46,365.43$ 527.89$ 189.33$ 338.56$ 46,026.87134$ 46,026.87$ 527.89$ 187.94$ 339.95$ 45,686.92135$ 45,686.92$ 527.89$ 186.55$ 341.34$ 45,345.58136$ 45,345.58$ 527.89$ 185.16$ 342.73$ 45,002.85137$ 45,002.85$ 527.89$ 183.76$ 344.13$ 44,658.72138$ 44,658.72$ 527.89$ 182.36$ 345.53$ 44,313.19139$ 44,313.19$ 527.89$ 180.95$ 346.94$ 43,966.25140$ 43,966.25$ 527.89$ 179.53$ 348.36$ 43,617.89141$ 43,617.89$ 527.89$ 178.11$ 349.78$ 43,268.11142$ 43,268.11$ 527.89$ 176.68$ 351.21$ 42,916.90143$ 42,916.90$ 527.89$ 175.24$ 352.65$ 42,564.25144$ 42,564.25$ 527.89$ 173.80$ 354.09$ 42,210.16145$ 42,210.16$ 527.89$ 172.36$ 355.53$ 41,854.63146$ 41,854.63$ 527.89$ 170.91$ 356.98$ 41,497.65147$ 41,497.65$ 527.89$ 169.45$ 358.44$ 41,139.21148$ 41,139.21$ 527.89$ 167.99$ 359.90$ 40,779.31149$ 40,779.31$ 527.89$ 166.52$ 361.37$ 40,417.94150$ 40,417.94$ 527.89$ 165.04$ 362.85$ 40,055.09151$ 40,055.09$ 527.89$ 163.56$ 364.33$ 39,690.76152$ 39,690.76$ 527.89$ 162.07$ 365.82$ 39,324.94153$ 39,324.94$ 527.89$ 160.58$ 367.31$ 38,957.63154$ 38,957.63$ 527.89$ 159.08$ 368.81$ 38,588.82155$ 38,588.82$ 527.89$ 157.57$ 370.32$ 38,218.50156$ 38,218.50$ 527.89$ 156.06$ 371.83$ 37,846.67157$ 37,846.67$ 527.89$ 154.54$ 373.35$ 37,473.32158$ 37,473.32$ 527.89$ 153.02$ 374.87$ 37,098.45159$ 37,098.45$ 527.89$ 151.49$ 376.40$ 36,722.05160$ 36,722.05$ 527.89$ 149.95$ 377.94$ 36,344.11161$ 36,344.11$ 527.89$ 148.41$ 379.48$ 35,964.63162$ 35,964.63$ 527.89$ 146.86$ 381.03$ 35,583.60163$ 35,583.60$ 527.89$ 145.30$ 382.59$ 35,201.01164$ 35,201.01$ 527.89$ 143.74$ 384.15$ 34,816.86165$ 34,816.86$ 527.89$ 142.17$ 385.72$ 34,431.14166$ 34,431.14$ 527.89$ 140.59$ 387.30$ 34,043.84167$ 34,043.84$ 527.89$ 139.01$ 388.88$ 33,654.96168$ 33,654.96$ 527.89$ 137.42$ 390.47$ 33,264.49169$ 33,264.49$ 527.89$ 135.83$ 392.06$ 32,872.43170$ 32,872.43$ 527.89$ 134.23$ 393.66$ 32,478.77171$ 32,478.77$ 527.89$ 132.62$ 395.27$ 32,083.50172$ 32,083.50$ 527.89$ 131.01$ 396.88$ 31,686.62173$ 31,686.62$ 527.89$ 129.39$ 398.50$ 31,288.12174$ 31,288.12$ 527.89$ 127.76$ 400.13$ 30,887.99175$ 30,887.99$ 527.89$ 126.13$ 401.76$ 30,486.23176$ 30,486.23$ 527.89$ 124.49$ 403.40$ 30,082.83177$ 30,082.83$ 527.89$ 122.84$ 405.05$ 29,677.78178$ 29,677.78$ 527.89$ 121.18$ 406.71$ 29,271.07179$ 29,271.07$ 527.89$ 119.52$ 408.37$ 28,862.70180$ 28,862.70$ 527.89$ 117.86$ 410.03$ 28,452.67181$ 28,452.67$ 527.89$ 116.18$ 411.71$ 28,040.96182$ 28,040.96$ 527.89$ 114.50$ 413.39$ 27,627.57183$ 27,627.57$ 527.89$ 112.81$ 415.08$ 27,212.49184$ 27,212.49$ 527.89$ 111.12$ 416.77$ 26,795.72185$ 26,795.72$ 527.89$ 109.42$ 418.47$ 26,377.25186$ 26,377.25$ 527.89$ 107.71$ 420.18$ 25,957.07187$ 25,957.07$ 527.89$ 105.99$ 421.90$ 25,535.17188$ 25,535.17$ 527.89$ 104.27$ 423.62$ 25,111.55189$ 25,111.55$ 527.89$ 102.54$ 425.35$ 24,686.20190$ 24,686.20$ 527.89$ 100.80$ 427.09$ 24,259.11191$ 24,259.11$ 527.89$ 99.06$ 428.83$ 23,830.28192$ 23,830.28$ 527.89$ 97.31$ 430.58$ 23,399.70193$ 23,399.70$ 527.89$ 95.55$ 432.34$ 22,967.36194$ 22,967.36$ 527.89$ 93.78$ 434.11$ 22,533.25195$ 22,533.25$ 527.89$ 92.01$ 435.88$ 22,097.37196$ 22,097.37$ 527.89$ 90.23$ 437.66$ 21,659.71197$ 21,659.71$ 527.89$ 88.44$ 439.45$ 21,220.26198$ 21,220.26$ 527.89$ 86.65$ 441.24$ 20,779.02199$ 20,779.02$ 527.89$ 84.85$ 443.04$ 20,335.98200$ 20,335.98$ 527.89$ 83.04$ 444.85$ 19,891.13201$ 19,891.13$ 527.89$ 81.22$ 446.67$ 19,444.46202$ 19,444.46$ 527.89$ 79.40$ 448.49$ 18,995.97203$ 18,995.97$ 527.89$ 77.57$ 450.32$ 18,545.65204$ 18,545.65$ 527.89$ 75.73$ 452.16$ 18,093.49205$ 18,093.49$ 527.89$ 73.88$ 454.01$ 17,639.48206$ 17,639.48$ 527.89$ 72.03$ 455.86$ 17,183.62207$ 17,183.62$ 527.89$ 70.17$ 457.72$ 16,725.90208$ 16,725.90$ 527.89$ 68.30$ 459.59$ 16,266.31209$ 16,266.31$ 527.89$ 66.42$ 461.47$ 15,804.84210$ 15,804.84$ 527.89$ 64.54$ 463.35$ 15,341.49211$ 15,341.49$ 527.89$ 62.64$ 465.25$ 14,876.24212$ 14,876.24$ 527.89$ 60.74$ 467.15$ 14,409.09213$ 14,409.09$ 527.89$ 58.84$ 469.05$ 13,940.04214$ 13,940.04$ 527.89$ 56.92$ 470.97$ 13,469.07215$ 13,469.07$ 527.89$ 55.00$ 472.89$ 12,996.18216$ 12,996.18$ 527.89$ 53.07$ 474.82$ 12,521.36217$ 12,521.36$ 527.89$ 51.13$ 476.76$ 12,044.60218$ 12,044.60$ 527.89$ 49.18$ 478.71$ 11,565.89219$ 11,565.89$ 527.89$ 47.23$ 480.66$ 11,085.23220$ 11,085.23$ 527.89$ 45.26$ 482.63$ 10,602.60221$ 10,602.60$ 527.89$ 43.29$ 484.60$ 10,118.00222$ 10,118.00$ 527.89$ 41.32$ 486.57$ 9,631.43223$ 9,631.43$ 527.89$ 39.33$ 488.56$ 9,142.87224$ 9,142.87$ 527.89$ 37.33$ 490.56$ 8,652.31225$ 8,652.31$ 527.89$ 35.33$ 492.56$ 8,159.75226$ 8,159.75$ 527.89$ 33.32$ 494.57$ 7,665.18227$ 7,665.18$ 527.89$ 31.30$ 496.59$ 7,168.59228$ 7,168.59$ 527.89$ 29.27$ 498.62$ 6,669.97229$ 6,669.97$ 527.89$ 27.24$ 500.65$ 6,169.32230$ 6,169.32$ 527.89$ 25.19$ 502.70$ 5,666.62231$ 5,666.62$ 527.89$ 23.14$ 504.75$ 5,161.87232$ 5,161.87$ 527.89$ 21.08$ 506.81$ 4,655.06233$ 4,655.06$ 527.89$ 19.01$ 508.88$ 4,146.18234$ 4,146.18$ 527.89$ 16.93$ 510.96$ 3,635.22235$ 3,635.22$ 527.89$ 14.84$ 513.05$ 3,122.17236$ 3,122.17$ 527.89$ 12.75$ 515.14$ 2,607.03237$ 2,607.03$ 527.89$ 10.65$ 517.24$ 2,089.79238$ 2,089.79$ 527.89$ 8.53$ 519.36$ 1,570.43239$ 1,570.43$ 527.89$ 6.41$ 521.48$ 1,048.95240$ 1,048.95$ 527.89$ 4.28$ 523.61$ 525.34241$ 525.34$ 527.49$ 2.15$ 525.34$ 0.00 YearInterest PaidPrincipal PaidEnding Balance000-50000.00122450.000.00-50000.00242450.000.00-50000.00362450.000.00-50000.00482450.000.00-50000.00602450.000.00-50000.00722450.000.00-50000.00842450.000.00-50000.00962450.000.00-50000.001082450.000.00-50000.001202450.000.00-50000.00122361.553973.13-46026.87242162.444172.24-41854.63361953.374381.31-37473.32481733.794600.89-32872.43601503.214831.47-28040.96721261.085073.60-22967.36841006.805327.88-17639.4896739.805594.88-12044.60108459.405875.28-6169.32120164.966165.02-4.30 Submit Repayment of a home equity line of credit requires that the borrower makes a monthly payment to the lender. For some home equity lines of credit, borrowers can make interest-only payments for a defined period, after which a repayment period begins. Interest-only payments are based on the outstanding loan balance and interest rate. During the repayment period, the payment includes both repayment of the loan principal, plus monthly interest on the outstanding balance. Loan payments for the repayment period are amortized so that the monthly payment remains the same throughout the repayment period, but during that time, the percentage of the amount that goes towards principal will increase as the outstanding mortgage balance decreases.