Use the calculator below to calculate your monthly home equity payment for the loan from Kennebunk Savings 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.
Interest Type: Fixed
Interest Rate: 6.750%
Term : 15 Years
Date | Principal Balance? | Monthly Payment? | Interest? | Monthly Amortization? |
---|---|---|---|---|
12/23/2024 | $289,065.01 | $2,566.24 | $1,631.25 | $934.99 |
01/23/2025 | $288,124.77 | $2,566.24 | $1,625.99 | $940.25 |
02/23/2025 | $287,179.23 | $2,566.24 | $1,620.70 | $945.54 |
03/23/2025 | $286,228.38 | $2,566.24 | $1,615.38 | $950.85 |
04/23/2025 | $285,272.17 | $2,566.24 | $1,610.03 | $956.20 |
05/23/2025 | $284,310.59 | $2,566.24 | $1,604.66 | $961.58 |
06/23/2025 | $283,343.60 | $2,566.24 | $1,599.25 | $966.99 |
07/23/2025 | $282,371.17 | $2,566.24 | $1,593.81 | $972.43 |
08/23/2025 | $281,393.27 | $2,566.24 | $1,588.34 | $977.90 |
09/23/2025 | $280,409.87 | $2,566.24 | $1,582.84 | $983.40 |
10/23/2025 | $279,420.94 | $2,566.24 | $1,577.31 | $988.93 |
11/23/2025 | $278,426.45 | $2,566.24 | $1,571.74 | $994.49 |
12/23/2025 | $277,426.36 | $2,566.24 | $1,566.15 | $1,000.09 |
01/23/2026 | $276,420.64 | $2,566.24 | $1,560.52 | $1,005.71 |
02/23/2026 | $275,409.27 | $2,566.24 | $1,554.87 | $1,011.37 |
03/23/2026 | $274,392.21 | $2,566.24 | $1,549.18 | $1,017.06 |
04/23/2026 | $273,369.43 | $2,566.24 | $1,543.46 | $1,022.78 |
05/23/2026 | $272,340.89 | $2,566.24 | $1,537.70 | $1,028.53 |
06/23/2026 | $271,306.58 | $2,566.24 | $1,531.92 | $1,034.32 |
07/23/2026 | $270,266.44 | $2,566.24 | $1,526.10 | $1,040.14 |
08/23/2026 | $269,220.45 | $2,566.24 | $1,520.25 | $1,045.99 |
09/23/2026 | $268,168.58 | $2,566.24 | $1,514.37 | $1,051.87 |
10/23/2026 | $267,110.79 | $2,566.24 | $1,508.45 | $1,057.79 |
11/23/2026 | $266,047.05 | $2,566.24 | $1,502.50 | $1,063.74 |
12/23/2026 | $264,977.32 | $2,566.24 | $1,496.51 | $1,069.72 |
01/23/2027 | $263,901.58 | $2,566.24 | $1,490.50 | $1,075.74 |
02/23/2027 | $262,819.79 | $2,566.24 | $1,484.45 | $1,081.79 |
03/23/2027 | $261,731.92 | $2,566.24 | $1,478.36 | $1,087.88 |
04/23/2027 | $260,637.92 | $2,566.24 | $1,472.24 | $1,094.00 |
05/23/2027 | $259,537.77 | $2,566.24 | $1,466.09 | $1,100.15 |
06/23/2027 | $258,431.44 | $2,566.24 | $1,459.90 | $1,106.34 |
07/23/2027 | $257,318.87 | $2,566.24 | $1,453.68 | $1,112.56 |
08/23/2027 | $256,200.06 | $2,566.24 | $1,447.42 | $1,118.82 |
09/23/2027 | $255,074.94 | $2,566.24 | $1,441.13 | $1,125.11 |
10/23/2027 | $253,943.50 | $2,566.24 | $1,434.80 | $1,131.44 |
11/23/2027 | $252,805.70 | $2,566.24 | $1,428.43 | $1,137.81 |
12/23/2027 | $251,661.49 | $2,566.24 | $1,422.03 | $1,144.21 |
01/23/2028 | $250,510.85 | $2,566.24 | $1,415.60 | $1,150.64 |
02/23/2028 | $249,353.74 | $2,566.24 | $1,409.12 | $1,157.11 |
03/23/2028 | $248,190.11 | $2,566.24 | $1,402.61 | $1,163.62 |
04/23/2028 | $247,019.95 | $2,566.24 | $1,396.07 | $1,170.17 |
05/23/2028 | $245,843.20 | $2,566.24 | $1,389.49 | $1,176.75 |
06/23/2028 | $244,659.83 | $2,566.24 | $1,382.87 | $1,183.37 |
07/23/2028 | $243,469.80 | $2,566.24 | $1,376.21 | $1,190.03 |
08/23/2028 | $242,273.08 | $2,566.24 | $1,369.52 | $1,196.72 |
09/23/2028 | $241,069.63 | $2,566.24 | $1,362.79 | $1,203.45 |
10/23/2028 | $239,859.41 | $2,566.24 | $1,356.02 | $1,210.22 |
11/23/2028 | $238,642.38 | $2,566.24 | $1,349.21 | $1,217.03 |
12/23/2028 | $237,418.51 | $2,566.24 | $1,342.36 | $1,223.87 |
01/23/2029 | $236,187.75 | $2,566.24 | $1,335.48 | $1,230.76 |
02/23/2029 | $234,950.07 | $2,566.24 | $1,328.56 | $1,237.68 |
03/23/2029 | $233,705.42 | $2,566.24 | $1,321.59 | $1,244.64 |
04/23/2029 | $232,453.78 | $2,566.24 | $1,314.59 | $1,251.64 |
05/23/2029 | $231,195.09 | $2,566.24 | $1,307.55 | $1,258.68 |
06/23/2029 | $229,929.33 | $2,566.24 | $1,300.47 | $1,265.77 |
07/23/2029 | $228,656.44 | $2,566.24 | $1,293.35 | $1,272.88 |
08/23/2029 | $227,376.40 | $2,566.24 | $1,286.19 | $1,280.04 |
09/23/2029 | $226,089.15 | $2,566.24 | $1,278.99 | $1,287.25 |
10/23/2029 | $224,794.67 | $2,566.24 | $1,271.75 | $1,294.49 |
11/23/2029 | $223,492.90 | $2,566.24 | $1,264.47 | $1,301.77 |
12/23/2029 | $222,183.81 | $2,566.24 | $1,257.15 | $1,309.09 |
01/23/2030 | $220,867.36 | $2,566.24 | $1,249.78 | $1,316.45 |
02/23/2030 | $219,543.50 | $2,566.24 | $1,242.38 | $1,323.86 |
03/23/2030 | $218,212.19 | $2,566.24 | $1,234.93 | $1,331.31 |
04/23/2030 | $216,873.40 | $2,566.24 | $1,227.44 | $1,338.79 |
05/23/2030 | $215,527.08 | $2,566.24 | $1,219.91 | $1,346.32 |
06/23/2030 | $214,173.18 | $2,566.24 | $1,212.34 | $1,353.90 |
07/23/2030 | $212,811.66 | $2,566.24 | $1,204.72 | $1,361.51 |
08/23/2030 | $211,442.49 | $2,566.24 | $1,197.07 | $1,369.17 |
09/23/2030 | $210,065.62 | $2,566.24 | $1,189.36 | $1,376.87 |
10/23/2030 | $208,681.00 | $2,566.24 | $1,181.62 | $1,384.62 |
11/23/2030 | $207,288.59 | $2,566.24 | $1,173.83 | $1,392.41 |
12/23/2030 | $205,888.35 | $2,566.24 | $1,166.00 | $1,400.24 |
01/23/2031 | $204,480.24 | $2,566.24 | $1,158.12 | $1,408.12 |
02/23/2031 | $203,064.20 | $2,566.24 | $1,150.20 | $1,416.04 |
03/23/2031 | $201,640.20 | $2,566.24 | $1,142.24 | $1,424.00 |
04/23/2031 | $200,208.19 | $2,566.24 | $1,134.23 | $1,432.01 |
05/23/2031 | $198,768.12 | $2,566.24 | $1,126.17 | $1,440.07 |
06/23/2031 | $197,319.96 | $2,566.24 | $1,118.07 | $1,448.17 |
07/23/2031 | $195,863.64 | $2,566.24 | $1,109.92 | $1,456.31 |
08/23/2031 | $194,399.14 | $2,566.24 | $1,101.73 | $1,464.50 |
09/23/2031 | $192,926.40 | $2,566.24 | $1,093.50 | $1,472.74 |
10/23/2031 | $191,445.37 | $2,566.24 | $1,085.21 | $1,481.03 |
11/23/2031 | $189,956.01 | $2,566.24 | $1,076.88 | $1,489.36 |
12/23/2031 | $188,458.28 | $2,566.24 | $1,068.50 | $1,497.73 |
01/23/2032 | $186,952.12 | $2,566.24 | $1,060.08 | $1,506.16 |
02/23/2032 | $185,437.49 | $2,566.24 | $1,051.61 | $1,514.63 |
03/23/2032 | $183,914.34 | $2,566.24 | $1,043.09 | $1,523.15 |
04/23/2032 | $182,382.62 | $2,566.24 | $1,034.52 | $1,531.72 |
05/23/2032 | $180,842.28 | $2,566.24 | $1,025.90 | $1,540.34 |
06/23/2032 | $179,293.28 | $2,566.24 | $1,017.24 | $1,549.00 |
07/23/2032 | $177,735.57 | $2,566.24 | $1,008.52 | $1,557.71 |
08/23/2032 | $176,169.09 | $2,566.24 | $999.76 | $1,566.47 |
09/23/2032 | $174,593.81 | $2,566.24 | $990.95 | $1,575.29 |
10/23/2032 | $173,009.66 | $2,566.24 | $982.09 | $1,584.15 |
11/23/2032 | $171,416.60 | $2,566.24 | $973.18 | $1,593.06 |
12/23/2032 | $169,814.58 | $2,566.24 | $964.22 | $1,602.02 |
01/23/2033 | $168,203.55 | $2,566.24 | $955.21 | $1,611.03 |
02/23/2033 | $166,583.46 | $2,566.24 | $946.14 | $1,620.09 |
03/23/2033 | $164,954.26 | $2,566.24 | $937.03 | $1,629.21 |
04/23/2033 | $163,315.89 | $2,566.24 | $927.87 | $1,638.37 |
05/23/2033 | $161,668.30 | $2,566.24 | $918.65 | $1,647.59 |
06/23/2033 | $160,011.45 | $2,566.24 | $909.38 | $1,656.85 |
07/23/2033 | $158,345.27 | $2,566.24 | $900.06 | $1,666.17 |
08/23/2033 | $156,669.73 | $2,566.24 | $890.69 | $1,675.55 |
09/23/2033 | $154,984.76 | $2,566.24 | $881.27 | $1,684.97 |
10/23/2033 | $153,290.31 | $2,566.24 | $871.79 | $1,694.45 |
11/23/2033 | $151,586.33 | $2,566.24 | $862.26 | $1,703.98 |
12/23/2033 | $149,872.77 | $2,566.24 | $852.67 | $1,713.56 |
01/23/2034 | $148,149.56 | $2,566.24 | $843.03 | $1,723.20 |
02/23/2034 | $146,416.67 | $2,566.24 | $833.34 | $1,732.90 |
03/23/2034 | $144,674.02 | $2,566.24 | $823.59 | $1,742.64 |
04/23/2034 | $142,921.58 | $2,566.24 | $813.79 | $1,752.45 |
05/23/2034 | $141,159.27 | $2,566.24 | $803.93 | $1,762.30 |
06/23/2034 | $139,387.06 | $2,566.24 | $794.02 | $1,772.22 |
07/23/2034 | $137,604.87 | $2,566.24 | $784.05 | $1,782.19 |
08/23/2034 | $135,812.66 | $2,566.24 | $774.03 | $1,792.21 |
09/23/2034 | $134,010.37 | $2,566.24 | $763.95 | $1,802.29 |
10/23/2034 | $132,197.94 | $2,566.24 | $753.81 | $1,812.43 |
11/23/2034 | $130,375.32 | $2,566.24 | $743.61 | $1,822.62 |
12/23/2034 | $128,542.44 | $2,566.24 | $733.36 | $1,832.88 |
01/23/2035 | $126,699.26 | $2,566.24 | $723.05 | $1,843.19 |
02/23/2035 | $124,845.70 | $2,566.24 | $712.68 | $1,853.55 |
03/23/2035 | $122,981.72 | $2,566.24 | $702.26 | $1,863.98 |
04/23/2035 | $121,107.26 | $2,566.24 | $691.77 | $1,874.47 |
05/23/2035 | $119,222.25 | $2,566.24 | $681.23 | $1,885.01 |
06/23/2035 | $117,326.63 | $2,566.24 | $670.63 | $1,895.61 |
07/23/2035 | $115,420.36 | $2,566.24 | $659.96 | $1,906.28 |
08/23/2035 | $113,503.36 | $2,566.24 | $649.24 | $1,917.00 |
09/23/2035 | $111,575.58 | $2,566.24 | $638.46 | $1,927.78 |
10/23/2035 | $109,636.96 | $2,566.24 | $627.61 | $1,938.62 |
11/23/2035 | $107,687.43 | $2,566.24 | $616.71 | $1,949.53 |
12/23/2035 | $105,726.93 | $2,566.24 | $605.74 | $1,960.50 |
01/23/2036 | $103,755.41 | $2,566.24 | $594.71 | $1,971.52 |
02/23/2036 | $101,772.79 | $2,566.24 | $583.62 | $1,982.61 |
03/23/2036 | $99,779.03 | $2,566.24 | $572.47 | $1,993.77 |
04/23/2036 | $97,774.05 | $2,566.24 | $561.26 | $2,004.98 |
05/23/2036 | $95,757.79 | $2,566.24 | $549.98 | $2,016.26 |
06/23/2036 | $93,730.19 | $2,566.24 | $538.64 | $2,027.60 |
07/23/2036 | $91,691.18 | $2,566.24 | $527.23 | $2,039.01 |
08/23/2036 | $89,640.71 | $2,566.24 | $515.76 | $2,050.47 |
09/23/2036 | $87,578.70 | $2,566.24 | $504.23 | $2,062.01 |
10/23/2036 | $85,505.09 | $2,566.24 | $492.63 | $2,073.61 |
11/23/2036 | $83,419.82 | $2,566.24 | $480.97 | $2,085.27 |
12/23/2036 | $81,322.82 | $2,566.24 | $469.24 | $2,097.00 |
01/23/2037 | $79,214.02 | $2,566.24 | $457.44 | $2,108.80 |
02/23/2037 | $77,093.37 | $2,566.24 | $445.58 | $2,120.66 |
03/23/2037 | $74,960.78 | $2,566.24 | $433.65 | $2,132.59 |
04/23/2037 | $72,816.20 | $2,566.24 | $421.65 | $2,144.58 |
05/23/2037 | $70,659.55 | $2,566.24 | $409.59 | $2,156.65 |
06/23/2037 | $68,490.77 | $2,566.24 | $397.46 | $2,168.78 |
07/23/2037 | $66,309.80 | $2,566.24 | $385.26 | $2,180.98 |
08/23/2037 | $64,116.55 | $2,566.24 | $372.99 | $2,193.24 |
09/23/2037 | $61,910.97 | $2,566.24 | $360.66 | $2,205.58 |
10/23/2037 | $59,692.98 | $2,566.24 | $348.25 | $2,217.99 |
11/23/2037 | $57,462.52 | $2,566.24 | $335.77 | $2,230.46 |
12/23/2037 | $55,219.51 | $2,566.24 | $323.23 | $2,243.01 |
01/23/2038 | $52,963.88 | $2,566.24 | $310.61 | $2,255.63 |
02/23/2038 | $50,695.56 | $2,566.24 | $297.92 | $2,268.32 |
03/23/2038 | $48,414.49 | $2,566.24 | $285.16 | $2,281.07 |
04/23/2038 | $46,120.58 | $2,566.24 | $272.33 | $2,293.91 |
05/23/2038 | $43,813.77 | $2,566.24 | $259.43 | $2,306.81 |
06/23/2038 | $41,493.99 | $2,566.24 | $246.45 | $2,319.78 |
07/23/2038 | $39,161.15 | $2,566.24 | $233.40 | $2,332.83 |
08/23/2038 | $36,815.20 | $2,566.24 | $220.28 | $2,345.96 |
09/23/2038 | $34,456.05 | $2,566.24 | $207.09 | $2,359.15 |
10/23/2038 | $32,083.62 | $2,566.24 | $193.82 | $2,372.42 |
11/23/2038 | $29,697.86 | $2,566.24 | $180.47 | $2,385.77 |
12/23/2038 | $27,298.67 | $2,566.24 | $167.05 | $2,399.19 |
01/23/2039 | $24,885.99 | $2,566.24 | $153.56 | $2,412.68 |
02/23/2039 | $22,459.73 | $2,566.24 | $139.98 | $2,426.25 |
03/23/2039 | $20,019.83 | $2,566.24 | $126.34 | $2,439.90 |
04/23/2039 | $17,566.21 | $2,566.24 | $112.61 | $2,453.63 |
05/23/2039 | $15,098.78 | $2,566.24 | $98.81 | $2,467.43 |
06/23/2039 | $12,617.47 | $2,566.24 | $84.93 | $2,481.31 |
07/23/2039 | $10,122.21 | $2,566.24 | $70.97 | $2,495.26 |
08/23/2039 | $7,612.91 | $2,566.24 | $56.94 | $2,509.30 |
09/23/2039 | $5,089.49 | $2,566.24 | $42.82 | $2,523.41 |
10/23/2039 | $2,551.88 | $2,566.24 | $28.63 | $2,537.61 |
11/23/2039 | $0.00 | $2,566.24 | $14.35 | $2,551.88 |
TOTAL: | - | $461,922.74 | $171,922.74 | $290,000.00 |
Change options for different scenario in the form below:
Lender | APR (%)? | Monthly Payment? | Learn More |
---|---|---|---|
District Lending |
No Lender Fees | Learn More | |
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New American Funding, LLC |
Cash-Out and Home Equity Options Available. | Learn More | |
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Upstart |
As low as 8.25% APR on your initial draw* | Learn More | |
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AmeriSave Mortgage Corporation |
Home Equity Loans & Refinance – Cash out | Learn More | |
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Figure Home Equity Line Equal Housing Lender |
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. | Learn More | |
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details. |