Use the calculator below to calculate your monthly home equity payment for the loan from Maine Community 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: 4.000%
Term : 10 Years
| Date | Principal Balance? | Monthly Payment? | Interest? | Monthly Amortization? |
|---|---|---|---|---|
| 12/15/2025 | $288,030.56 | $2,936.11 | $966.67 | $1,969.44 |
| 01/15/2026 | $286,054.55 | $2,936.11 | $960.10 | $1,976.01 |
| 02/15/2026 | $284,071.96 | $2,936.11 | $953.52 | $1,982.59 |
| 03/15/2026 | $282,082.75 | $2,936.11 | $946.91 | $1,989.20 |
| 04/15/2026 | $280,086.92 | $2,936.11 | $940.28 | $1,995.83 |
| 05/15/2026 | $278,084.44 | $2,936.11 | $933.62 | $2,002.49 |
| 06/15/2026 | $276,075.27 | $2,936.11 | $926.95 | $2,009.16 |
| 07/15/2026 | $274,059.42 | $2,936.11 | $920.25 | $2,015.86 |
| 08/15/2026 | $272,036.84 | $2,936.11 | $913.53 | $2,022.58 |
| 09/15/2026 | $270,007.52 | $2,936.11 | $906.79 | $2,029.32 |
| 10/15/2026 | $267,971.44 | $2,936.11 | $900.03 | $2,036.08 |
| 11/15/2026 | $265,928.56 | $2,936.11 | $893.24 | $2,042.87 |
| 12/15/2026 | $263,878.88 | $2,936.11 | $886.43 | $2,049.68 |
| 01/15/2027 | $261,822.37 | $2,936.11 | $879.60 | $2,056.51 |
| 02/15/2027 | $259,759.00 | $2,936.11 | $872.74 | $2,063.37 |
| 03/15/2027 | $257,688.76 | $2,936.11 | $865.86 | $2,070.25 |
| 04/15/2027 | $255,611.61 | $2,936.11 | $858.96 | $2,077.15 |
| 05/15/2027 | $253,527.54 | $2,936.11 | $852.04 | $2,084.07 |
| 06/15/2027 | $251,436.52 | $2,936.11 | $845.09 | $2,091.02 |
| 07/15/2027 | $249,338.54 | $2,936.11 | $838.12 | $2,097.99 |
| 08/15/2027 | $247,233.56 | $2,936.11 | $831.13 | $2,104.98 |
| 09/15/2027 | $245,121.56 | $2,936.11 | $824.11 | $2,112.00 |
| 10/15/2027 | $243,002.52 | $2,936.11 | $817.07 | $2,119.04 |
| 11/15/2027 | $240,876.42 | $2,936.11 | $810.01 | $2,126.10 |
| 12/15/2027 | $238,743.23 | $2,936.11 | $802.92 | $2,133.19 |
| 01/15/2028 | $236,602.93 | $2,936.11 | $795.81 | $2,140.30 |
| 02/15/2028 | $234,455.50 | $2,936.11 | $788.68 | $2,147.43 |
| 03/15/2028 | $232,300.91 | $2,936.11 | $781.52 | $2,154.59 |
| 04/15/2028 | $230,139.14 | $2,936.11 | $774.34 | $2,161.77 |
| 05/15/2028 | $227,970.16 | $2,936.11 | $767.13 | $2,168.98 |
| 06/15/2028 | $225,793.95 | $2,936.11 | $759.90 | $2,176.21 |
| 07/15/2028 | $223,610.49 | $2,936.11 | $752.65 | $2,183.46 |
| 08/15/2028 | $221,419.75 | $2,936.11 | $745.37 | $2,190.74 |
| 09/15/2028 | $219,221.71 | $2,936.11 | $738.07 | $2,198.04 |
| 10/15/2028 | $217,016.34 | $2,936.11 | $730.74 | $2,205.37 |
| 11/15/2028 | $214,803.61 | $2,936.11 | $723.39 | $2,212.72 |
| 12/15/2028 | $212,583.52 | $2,936.11 | $716.01 | $2,220.10 |
| 01/15/2029 | $210,356.02 | $2,936.11 | $708.61 | $2,227.50 |
| 02/15/2029 | $208,121.10 | $2,936.11 | $701.19 | $2,234.92 |
| 03/15/2029 | $205,878.73 | $2,936.11 | $693.74 | $2,242.37 |
| 04/15/2029 | $203,628.88 | $2,936.11 | $686.26 | $2,249.85 |
| 05/15/2029 | $201,371.53 | $2,936.11 | $678.76 | $2,257.35 |
| 06/15/2029 | $199,106.66 | $2,936.11 | $671.24 | $2,264.87 |
| 07/15/2029 | $196,834.24 | $2,936.11 | $663.69 | $2,272.42 |
| 08/15/2029 | $194,554.25 | $2,936.11 | $656.11 | $2,279.99 |
| 09/15/2029 | $192,266.65 | $2,936.11 | $648.51 | $2,287.59 |
| 10/15/2029 | $189,971.43 | $2,936.11 | $640.89 | $2,295.22 |
| 11/15/2029 | $187,668.56 | $2,936.11 | $633.24 | $2,302.87 |
| 12/15/2029 | $185,358.01 | $2,936.11 | $625.56 | $2,310.55 |
| 01/15/2030 | $183,039.77 | $2,936.11 | $617.86 | $2,318.25 |
| 02/15/2030 | $180,713.79 | $2,936.11 | $610.13 | $2,325.98 |
| 03/15/2030 | $178,380.06 | $2,936.11 | $602.38 | $2,333.73 |
| 04/15/2030 | $176,038.55 | $2,936.11 | $594.60 | $2,341.51 |
| 05/15/2030 | $173,689.24 | $2,936.11 | $586.80 | $2,349.31 |
| 06/15/2030 | $171,332.09 | $2,936.11 | $578.96 | $2,357.14 |
| 07/15/2030 | $168,967.09 | $2,936.11 | $571.11 | $2,365.00 |
| 08/15/2030 | $166,594.20 | $2,936.11 | $563.22 | $2,372.89 |
| 09/15/2030 | $164,213.41 | $2,936.11 | $555.31 | $2,380.79 |
| 10/15/2030 | $161,824.68 | $2,936.11 | $547.38 | $2,388.73 |
| 11/15/2030 | $159,427.99 | $2,936.11 | $539.42 | $2,396.69 |
| 12/15/2030 | $157,023.30 | $2,936.11 | $531.43 | $2,404.68 |
| 01/15/2031 | $154,610.60 | $2,936.11 | $523.41 | $2,412.70 |
| 02/15/2031 | $152,189.86 | $2,936.11 | $515.37 | $2,420.74 |
| 03/15/2031 | $149,761.06 | $2,936.11 | $507.30 | $2,428.81 |
| 04/15/2031 | $147,324.15 | $2,936.11 | $499.20 | $2,436.91 |
| 05/15/2031 | $144,879.12 | $2,936.11 | $491.08 | $2,445.03 |
| 06/15/2031 | $142,425.94 | $2,936.11 | $482.93 | $2,453.18 |
| 07/15/2031 | $139,964.59 | $2,936.11 | $474.75 | $2,461.36 |
| 08/15/2031 | $137,495.03 | $2,936.11 | $466.55 | $2,469.56 |
| 09/15/2031 | $135,017.23 | $2,936.11 | $458.32 | $2,477.79 |
| 10/15/2031 | $132,531.18 | $2,936.11 | $450.06 | $2,486.05 |
| 11/15/2031 | $130,036.84 | $2,936.11 | $441.77 | $2,494.34 |
| 12/15/2031 | $127,534.19 | $2,936.11 | $433.46 | $2,502.65 |
| 01/15/2032 | $125,023.20 | $2,936.11 | $425.11 | $2,511.00 |
| 02/15/2032 | $122,503.83 | $2,936.11 | $416.74 | $2,519.37 |
| 03/15/2032 | $119,976.07 | $2,936.11 | $408.35 | $2,527.76 |
| 04/15/2032 | $117,439.88 | $2,936.11 | $399.92 | $2,536.19 |
| 05/15/2032 | $114,895.24 | $2,936.11 | $391.47 | $2,544.64 |
| 06/15/2032 | $112,342.11 | $2,936.11 | $382.98 | $2,553.12 |
| 07/15/2032 | $109,780.48 | $2,936.11 | $374.47 | $2,561.64 |
| 08/15/2032 | $107,210.30 | $2,936.11 | $365.93 | $2,570.17 |
| 09/15/2032 | $104,631.56 | $2,936.11 | $357.37 | $2,578.74 |
| 10/15/2032 | $102,044.22 | $2,936.11 | $348.77 | $2,587.34 |
| 11/15/2032 | $99,448.26 | $2,936.11 | $340.15 | $2,595.96 |
| 12/15/2032 | $96,843.65 | $2,936.11 | $331.49 | $2,604.61 |
| 01/15/2033 | $94,230.35 | $2,936.11 | $322.81 | $2,613.30 |
| 02/15/2033 | $91,608.34 | $2,936.11 | $314.10 | $2,622.01 |
| 03/15/2033 | $88,977.60 | $2,936.11 | $305.36 | $2,630.75 |
| 04/15/2033 | $86,338.08 | $2,936.11 | $296.59 | $2,639.52 |
| 05/15/2033 | $83,689.76 | $2,936.11 | $287.79 | $2,648.32 |
| 06/15/2033 | $81,032.62 | $2,936.11 | $278.97 | $2,657.14 |
| 07/15/2033 | $78,366.62 | $2,936.11 | $270.11 | $2,666.00 |
| 08/15/2033 | $75,691.73 | $2,936.11 | $261.22 | $2,674.89 |
| 09/15/2033 | $73,007.93 | $2,936.11 | $252.31 | $2,683.80 |
| 10/15/2033 | $70,315.18 | $2,936.11 | $243.36 | $2,692.75 |
| 11/15/2033 | $67,613.45 | $2,936.11 | $234.38 | $2,701.73 |
| 12/15/2033 | $64,902.72 | $2,936.11 | $225.38 | $2,710.73 |
| 01/15/2034 | $62,182.96 | $2,936.11 | $216.34 | $2,719.77 |
| 02/15/2034 | $59,454.12 | $2,936.11 | $207.28 | $2,728.83 |
| 03/15/2034 | $56,716.20 | $2,936.11 | $198.18 | $2,737.93 |
| 04/15/2034 | $53,969.14 | $2,936.11 | $189.05 | $2,747.06 |
| 05/15/2034 | $51,212.93 | $2,936.11 | $179.90 | $2,756.21 |
| 06/15/2034 | $48,447.53 | $2,936.11 | $170.71 | $2,765.40 |
| 07/15/2034 | $45,672.91 | $2,936.11 | $161.49 | $2,774.62 |
| 08/15/2034 | $42,889.05 | $2,936.11 | $152.24 | $2,783.87 |
| 09/15/2034 | $40,095.90 | $2,936.11 | $142.96 | $2,793.15 |
| 10/15/2034 | $37,293.45 | $2,936.11 | $133.65 | $2,802.46 |
| 11/15/2034 | $34,481.65 | $2,936.11 | $124.31 | $2,811.80 |
| 12/15/2034 | $31,660.48 | $2,936.11 | $114.94 | $2,821.17 |
| 01/15/2035 | $28,829.90 | $2,936.11 | $105.53 | $2,830.57 |
| 02/15/2035 | $25,989.89 | $2,936.11 | $96.10 | $2,840.01 |
| 03/15/2035 | $23,140.42 | $2,936.11 | $86.63 | $2,849.48 |
| 04/15/2035 | $20,281.44 | $2,936.11 | $77.13 | $2,858.97 |
| 05/15/2035 | $17,412.94 | $2,936.11 | $67.60 | $2,868.50 |
| 06/15/2035 | $14,534.87 | $2,936.11 | $58.04 | $2,878.07 |
| 07/15/2035 | $11,647.21 | $2,936.11 | $48.45 | $2,887.66 |
| 08/15/2035 | $8,749.93 | $2,936.11 | $38.82 | $2,897.28 |
| 09/15/2035 | $5,842.99 | $2,936.11 | $29.17 | $2,906.94 |
| 10/15/2035 | $2,926.35 | $2,936.11 | $19.48 | $2,916.63 |
| 11/15/2035 | $0.00 | $2,936.11 | $9.75 | $2,926.35 |
| TOTAL: | - | $352,333.08 | $62,333.08 | $290,000.00 |
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