Second Mortgage Calculator

Inputs

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Results

We Select a few commmon options for you to compare
You can borrow up to
with a HELOC $200,000
with a Home Equity Loan $200,000
with a 90% LTV Private Mortgage $20,000
Your Second Mortgage Monthly Payment Would be
% Interest Rate
$200,000 /month with a HELOC (interest-only payments)
% Interest Rate
$200,000 /month with a Home Equity Loan (to be repaid fully over the amortization period)
% Interest Rate
$200,000 /month with a Private Mortgage (interest-only payments)