Track the balance of your home equity loan each month.
Regardless of loan size, you will be scheduled to repay the same amount on your home equity loan every month. Over time, more and more of the payment will go toward the loan’s principal and less will be needed to cover interest. This calculator can help you see how you’re progressing toward your goal of getting your balance back to zero.
The calculators found on this page are for information purposes only. While the results of the calculators may be generally accurate, the results do not reflect any specific Credit Union accounts, loans or other products or services and may not exactly match the calculation methods used by the Credit Union (or any third party) for accounts, loans or other products or services. These calculators should be used only for general informational purposes and should not be relied on for any specific transaction.