Home Equity Line of Credit Payment Calculator

Use this calculator to determine your potential monthly payment for a Tech CU Home Equity Line of Credit. Quoted rates do not include the possible rate discounts. See sidebar for all available rate discounts.

Determine Your Payment Based on Your Equity
Note: Enter dollar amounts with no commas.
Amount to borrow:  $
Balance on First Mortgage:  $
Estimated Property Value:  $

Note: Values in gray areas below are calculated automatically.
Changing these values manually has no effect.

Results for Regular Home Equity Line of Credit
Your loan to value:  %
Your rate and interest-only payment for the first 10 years
Monthly payment:
Annual Percentage Rate:  %
Your rate and amortized payment during 15 year repayment period
Monthly payment:
Annual percentage Rate:  %
Home Equity Line of Credit


If you would like to calculate payments for another Tech CU Home Equity Product, please select the appropriate calculator:

Rates and payments shown above are based on current offered rates and are subject to change after loan account opening. Home equity lines of credit have variable APRs. Call 800-553-0880 or 408-451-9111 or check the Equity Rates Page for current rates. Lifetime minimum is 4.50% and maximum APR is 18%. No fees are required to establish the line, but if you pay off and close your Equity Line of Credit within 2 years, a $750 early closure fee will apply.

Maximum loan amount and loan to value calculated as a percentage of appraisal minus the first mortgage. Consult a Technology Credit Union Member Services Representative for complete details.

This calculator is provided to help you determine payment amounts. Use of the calculator is not an application for credit and results generated by calculator do not constitute an offer to extend credit.

Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. All calculations are based on user inputs and do not reflect any guarantee or commitment of the loan, interest rate, expected savings or tax advantage. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

For more information, please consult the Tech CU Home Equity Lines of Credit disclosures. Adobe Acrobat Reader is required to view this document. Download a free copy.