Huntington bank home equity line of credit calculator

Use the calculator below to calculate your monthly home equity payment for the loan from Huntington Bank. You can adjust loan amount, interest rate, and the home equity term to view the impact on the monthly payment amount. The calculator also provides an amortization table to show the amount of principal and interest payments a borrower will make over the life of the loan.

Table of Contents Show

Featured New York Home Equity Rates 2022
What is the payment on a 50000 home equity loan?
How is Home Equity Line of Credit calculated?
How much equity can you borrow in home equity line of credit?
What is the average rate for an equity line of credit?

Home Equity product from Huntington Bank

Product Total Termlength: 10 Years
Interest Rate: 6.1%

Monthly Payment: $ 2,788.08

Date	Principal Balance?	Monthly Payment?	Interest?	Monthly Amortization?
12/20/2022	$248,482.75	$2,788.08	$1,270.83	$1,517.25
01/20/2023	$246,957.79	$2,788.08	$1,263.12	$1,524.96
02/20/2023	$245,425.07	$2,788.08	$1,255.37	$1,532.71
03/20/2023	$243,884.57	$2,788.08	$1,247.58	$1,540.51
04/20/2023	$242,336.23	$2,788.08	$1,239.75	$1,548.34
05/20/2023	$240,780.02	$2,788.08	$1,231.88	$1,556.21
06/20/2023	$239,215.90	$2,788.08	$1,223.97	$1,564.12
07/20/2023	$237,643.83	$2,788.08	$1,216.01	$1,572.07
08/20/2023	$236,063.77	$2,788.08	$1,208.02	$1,580.06
09/20/2023	$234,475.68	$2,788.08	$1,199.99	$1,588.09
10/20/2023	$232,879.51	$2,788.08	$1,191.92	$1,596.17
11/20/2023	$231,275.23	$2,788.08	$1,183.80	$1,604.28
12/20/2023	$229,662.80	$2,788.08	$1,175.65	$1,612.43
01/20/2024	$228,042.17	$2,788.08	$1,167.45	$1,620.63
02/20/2024	$226,413.30	$2,788.08	$1,159.21	$1,628.87
03/20/2024	$224,776.15	$2,788.08	$1,150.93	$1,637.15
04/20/2024	$223,130.68	$2,788.08	$1,142.61	$1,645.47
05/20/2024	$221,476.84	$2,788.08	$1,134.25	$1,653.84
06/20/2024	$219,814.60	$2,788.08	$1,125.84	$1,662.24
07/20/2024	$218,143.91	$2,788.08	$1,117.39	$1,670.69
08/20/2024	$216,464.72	$2,788.08	$1,108.90	$1,679.19
09/20/2024	$214,777.00	$2,788.08	$1,100.36	$1,687.72
10/20/2024	$213,080.70	$2,788.08	$1,091.78	$1,696.30
11/20/2024	$211,375.78	$2,788.08	$1,083.16	$1,704.92
12/20/2024	$209,662.19	$2,788.08	$1,074.49	$1,713.59
01/20/2025	$207,939.89	$2,788.08	$1,065.78	$1,722.30
02/20/2025	$206,208.83	$2,788.08	$1,057.03	$1,731.06
03/20/2025	$204,468.97	$2,788.08	$1,048.23	$1,739.86
04/20/2025	$202,720.28	$2,788.08	$1,039.38	$1,748.70
05/20/2025	$200,962.69	$2,788.08	$1,030.49	$1,757.59
06/20/2025	$199,196.16	$2,788.08	$1,021.56	$1,766.52
07/20/2025	$197,420.66	$2,788.08	$1,012.58	$1,775.50
08/20/2025	$195,636.13	$2,788.08	$1,003.56	$1,784.53
09/20/2025	$193,842.53	$2,788.08	$994.48	$1,793.60
10/20/2025	$192,039.81	$2,788.08	$985.37	$1,802.72
11/20/2025	$190,227.93	$2,788.08	$976.20	$1,811.88
12/20/2025	$188,406.84	$2,788.08	$966.99	$1,821.09
01/20/2026	$186,576.49	$2,788.08	$957.73	$1,830.35
02/20/2026	$184,736.84	$2,788.08	$948.43	$1,839.65
03/20/2026	$182,887.83	$2,788.08	$939.08	$1,849.00
04/20/2026	$181,029.43	$2,788.08	$929.68	$1,858.40
05/20/2026	$179,161.58	$2,788.08	$920.23	$1,867.85
06/20/2026	$177,284.23	$2,788.08	$910.74	$1,877.35
07/20/2026	$175,397.35	$2,788.08	$901.19	$1,886.89
08/20/2026	$173,500.87	$2,788.08	$891.60	$1,896.48
09/20/2026	$171,594.74	$2,788.08	$881.96	$1,906.12
10/20/2026	$169,678.93	$2,788.08	$872.27	$1,915.81
11/20/2026	$167,753.39	$2,788.08	$862.53	$1,925.55
12/20/2026	$165,818.05	$2,788.08	$852.75	$1,935.34
01/20/2027	$163,872.87	$2,788.08	$842.91	$1,945.18
02/20/2027	$161,917.81	$2,788.08	$833.02	$1,955.06
03/20/2027	$159,952.81	$2,788.08	$823.08	$1,965.00
04/20/2027	$157,977.82	$2,788.08	$813.09	$1,974.99
05/20/2027	$155,992.79	$2,788.08	$803.05	$1,985.03
06/20/2027	$153,997.67	$2,788.08	$792.96	$1,995.12
07/20/2027	$151,992.41	$2,788.08	$782.82	$2,005.26
08/20/2027	$149,976.95	$2,788.08	$772.63	$2,015.46
09/20/2027	$147,951.25	$2,788.08	$762.38	$2,025.70
10/20/2027	$145,915.25	$2,788.08	$752.09	$2,036.00
11/20/2027	$143,868.90	$2,788.08	$741.74	$2,046.35
12/20/2027	$141,812.15	$2,788.08	$731.33	$2,056.75
01/20/2028	$139,744.95	$2,788.08	$720.88	$2,067.21
02/20/2028	$137,667.24	$2,788.08	$710.37	$2,077.71
03/20/2028	$135,578.96	$2,788.08	$699.81	$2,088.28
04/20/2028	$133,480.07	$2,788.08	$689.19	$2,098.89
05/20/2028	$131,370.51	$2,788.08	$678.52	$2,109.56
06/20/2028	$129,250.23	$2,788.08	$667.80	$2,120.28
07/20/2028	$127,119.16	$2,788.08	$657.02	$2,131.06
08/20/2028	$124,977.27	$2,788.08	$646.19	$2,141.89
09/20/2028	$122,824.49	$2,788.08	$635.30	$2,152.78
10/20/2028	$120,660.76	$2,788.08	$624.36	$2,163.73
11/20/2028	$118,486.04	$2,788.08	$613.36	$2,174.72
12/20/2028	$116,300.26	$2,788.08	$602.30	$2,185.78
01/20/2029	$114,103.37	$2,788.08	$591.19	$2,196.89
02/20/2029	$111,895.31	$2,788.08	$580.03	$2,208.06
03/20/2029	$109,676.03	$2,788.08	$568.80	$2,219.28
04/20/2029	$107,445.46	$2,788.08	$557.52	$2,230.56
05/20/2029	$105,203.56	$2,788.08	$546.18	$2,241.90
06/20/2029	$102,950.26	$2,788.08	$534.78	$2,253.30
07/20/2029	$100,685.51	$2,788.08	$523.33	$2,264.75
08/20/2029	$98,409.24	$2,788.08	$511.82	$2,276.27
09/20/2029	$96,121.41	$2,788.08	$500.25	$2,287.84
10/20/2029	$93,821.94	$2,788.08	$488.62	$2,299.47
11/20/2029	$91,510.78	$2,788.08	$476.93	$2,311.16
12/20/2029	$89,187.88	$2,788.08	$465.18	$2,322.90
01/20/2030	$86,853.17	$2,788.08	$453.37	$2,334.71
02/20/2030	$84,506.59	$2,788.08	$441.50	$2,346.58
03/20/2030	$82,148.08	$2,788.08	$429.58	$2,358.51
04/20/2030	$79,777.58	$2,788.08	$417.59	$2,370.50
05/20/2030	$77,395.03	$2,788.08	$405.54	$2,382.55
06/20/2030	$75,000.38	$2,788.08	$393.42	$2,394.66
07/20/2030	$72,593.54	$2,788.08	$381.25	$2,406.83
08/20/2030	$70,174.48	$2,788.08	$369.02	$2,419.07
09/20/2030	$67,743.11	$2,788.08	$356.72	$2,431.36
10/20/2030	$65,299.39	$2,788.08	$344.36	$2,443.72
11/20/2030	$62,843.25	$2,788.08	$331.94	$2,456.15
12/20/2030	$60,374.62	$2,788.08	$319.45	$2,468.63
01/20/2031	$57,893.44	$2,788.08	$306.90	$2,481.18
02/20/2031	$55,399.65	$2,788.08	$294.29	$2,493.79
03/20/2031	$52,893.18	$2,788.08	$281.61	$2,506.47
04/20/2031	$50,373.97	$2,788.08	$268.87	$2,519.21
05/20/2031	$47,841.95	$2,788.08	$256.07	$2,532.02
06/20/2031	$45,297.06	$2,788.08	$243.20	$2,544.89
07/20/2031	$42,739.24	$2,788.08	$230.26	$2,557.82
08/20/2031	$40,168.41	$2,788.08	$217.26	$2,570.83
09/20/2031	$37,584.52	$2,788.08	$204.19	$2,583.89
10/20/2031	$34,987.49	$2,788.08	$191.05	$2,597.03
11/20/2031	$32,377.26	$2,788.08	$177.85	$2,610.23
12/20/2031	$29,753.76	$2,788.08	$164.58	$2,623.50
01/20/2032	$27,116.93	$2,788.08	$151.25	$2,636.84
02/20/2032	$24,466.69	$2,788.08	$137.84	$2,650.24
03/20/2032	$21,802.98	$2,788.08	$124.37	$2,663.71
04/20/2032	$19,125.72	$2,788.08	$110.83	$2,677.25
05/20/2032	$16,434.86	$2,788.08	$97.22	$2,690.86
06/20/2032	$13,730.32	$2,788.08	$83.54	$2,704.54
07/20/2032	$11,012.03	$2,788.08	$69.80	$2,718.29
08/20/2032	$8,279.93	$2,788.08	$55.98	$2,732.11
09/20/2032	$5,533.94	$2,788.08	$42.09	$2,745.99
10/20/2032	$2,773.98	$2,788.08	$28.13	$2,759.95
11/20/2032	$-0.00	$2,788.08	$14.10	$2,773.98
TOTAL:	-	$334,570.03	$84,570.03	$250,000.00

Change options for different scenario in the form below:

Featured New York Home Equity Rates 2022

Lender	APR (%)?	Monthly Payment?
New American Funding	Cash-Out and Home Equity Options Available.	Learn More
Home Improvement, Buy a Vacation Home 236k+ positive reviews, A+ rating from the BBB Pay off higher interest rate credit cards, Pay college tuition 100% online mortgage application available More Info
AimLoan.com NMLS#2890	Home Equity Loan - 15 Year Fixed Rate	Learn More
Home Equity Loan - 15 Year Fixed Rate No Appraisal Required Close in 10 Days View Rates and Apply Online 24/7 More Info
Data provided by Icanbuy, LLC. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

What is the payment on a 50000 home equity loan?

Loan payment example: on a $50,000 loan for 120 months at 8.00% interest rate, monthly payments would be $606.64.

How is Home Equity Line of Credit calculated?

They determine this amount by dividing the appraised value of the house by the amount remaining on your mortgage, and the amount you'd like extended. For example, if your home is worth $300,000 and you owe $90,000 on it, divide the balance by the appraised value: 90,000/300,000= . 3, or a 30% LTV ratio.

How much equity can you borrow in home equity line of credit?

You can typically borrow up to 85% of the value of your home minus the amount you owe. Also, a lender generally looks at your credit score and history, employment history, monthly income and monthly debts, just as when you first got your mortgage.