Use the calculator below to calculate your monthly home equity payment for the loan from Unity 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: 7.375%
Term : 10 Years
| Date | Principal Balance? | Monthly Payment? | Interest? | Monthly Amortization? |
|---|---|---|---|---|
| 09/01/2025 | $298,302.24 | $3,541.51 | $1,843.75 | $1,697.76 |
| 10/01/2025 | $296,594.04 | $3,541.51 | $1,833.32 | $1,708.20 |
| 11/01/2025 | $294,875.35 | $3,541.51 | $1,822.82 | $1,718.69 |
| 12/01/2025 | $293,146.09 | $3,541.51 | $1,812.25 | $1,729.26 |
| 01/01/2026 | $291,406.21 | $3,541.51 | $1,801.63 | $1,739.88 |
| 02/01/2026 | $289,655.63 | $3,541.51 | $1,790.93 | $1,750.58 |
| 03/01/2026 | $287,894.29 | $3,541.51 | $1,780.18 | $1,761.34 |
| 04/01/2026 | $286,122.13 | $3,541.51 | $1,769.35 | $1,772.16 |
| 05/01/2026 | $284,339.08 | $3,541.51 | $1,758.46 | $1,783.05 |
| 06/01/2026 | $282,545.07 | $3,541.51 | $1,747.50 | $1,794.01 |
| 07/01/2026 | $280,740.03 | $3,541.51 | $1,736.47 | $1,805.04 |
| 08/01/2026 | $278,923.90 | $3,541.51 | $1,725.38 | $1,816.13 |
| 09/01/2026 | $277,096.61 | $3,541.51 | $1,714.22 | $1,827.29 |
| 10/01/2026 | $275,258.09 | $3,541.51 | $1,702.99 | $1,838.52 |
| 11/01/2026 | $273,408.27 | $3,541.51 | $1,691.69 | $1,849.82 |
| 12/01/2026 | $271,547.08 | $3,541.51 | $1,680.32 | $1,861.19 |
| 01/01/2027 | $269,674.45 | $3,541.51 | $1,668.88 | $1,872.63 |
| 02/01/2027 | $267,790.31 | $3,541.51 | $1,657.37 | $1,884.14 |
| 03/01/2027 | $265,894.59 | $3,541.51 | $1,645.79 | $1,895.72 |
| 04/01/2027 | $263,987.23 | $3,541.51 | $1,634.14 | $1,907.37 |
| 05/01/2027 | $262,068.14 | $3,541.51 | $1,622.42 | $1,919.09 |
| 06/01/2027 | $260,137.25 | $3,541.51 | $1,610.63 | $1,930.88 |
| 07/01/2027 | $258,194.50 | $3,541.51 | $1,598.76 | $1,942.75 |
| 08/01/2027 | $256,239.81 | $3,541.51 | $1,586.82 | $1,954.69 |
| 09/01/2027 | $254,273.10 | $3,541.51 | $1,574.81 | $1,966.70 |
| 10/01/2027 | $252,294.31 | $3,541.51 | $1,562.72 | $1,978.79 |
| 11/01/2027 | $250,303.36 | $3,541.51 | $1,550.56 | $1,990.95 |
| 12/01/2027 | $248,300.17 | $3,541.51 | $1,538.32 | $2,003.19 |
| 01/01/2028 | $246,284.67 | $3,541.51 | $1,526.01 | $2,015.50 |
| 02/01/2028 | $244,256.78 | $3,541.51 | $1,513.62 | $2,027.89 |
| 03/01/2028 | $242,216.43 | $3,541.51 | $1,501.16 | $2,040.35 |
| 04/01/2028 | $240,163.54 | $3,541.51 | $1,488.62 | $2,052.89 |
| 05/01/2028 | $238,098.04 | $3,541.51 | $1,476.01 | $2,065.51 |
| 06/01/2028 | $236,019.84 | $3,541.51 | $1,463.31 | $2,078.20 |
| 07/01/2028 | $233,928.86 | $3,541.51 | $1,450.54 | $2,090.97 |
| 08/01/2028 | $231,825.04 | $3,541.51 | $1,437.69 | $2,103.82 |
| 09/01/2028 | $229,708.29 | $3,541.51 | $1,424.76 | $2,116.75 |
| 10/01/2028 | $227,578.52 | $3,541.51 | $1,411.75 | $2,129.76 |
| 11/01/2028 | $225,435.67 | $3,541.51 | $1,398.66 | $2,142.85 |
| 12/01/2028 | $223,279.65 | $3,541.51 | $1,385.49 | $2,156.02 |
| 01/01/2029 | $221,110.38 | $3,541.51 | $1,372.24 | $2,169.27 |
| 02/01/2029 | $218,927.77 | $3,541.51 | $1,358.91 | $2,182.60 |
| 03/01/2029 | $216,731.76 | $3,541.51 | $1,345.49 | $2,196.02 |
| 04/01/2029 | $214,522.24 | $3,541.51 | $1,332.00 | $2,209.51 |
| 05/01/2029 | $212,299.15 | $3,541.51 | $1,318.42 | $2,223.09 |
| 06/01/2029 | $210,062.39 | $3,541.51 | $1,304.76 | $2,236.76 |
| 07/01/2029 | $207,811.89 | $3,541.51 | $1,291.01 | $2,250.50 |
| 08/01/2029 | $205,547.55 | $3,541.51 | $1,277.18 | $2,264.33 |
| 09/01/2029 | $203,269.30 | $3,541.51 | $1,263.26 | $2,278.25 |
| 10/01/2029 | $200,977.05 | $3,541.51 | $1,249.26 | $2,292.25 |
| 11/01/2029 | $198,670.71 | $3,541.51 | $1,235.17 | $2,306.34 |
| 12/01/2029 | $196,350.20 | $3,541.51 | $1,221.00 | $2,320.51 |
| 01/01/2030 | $194,015.42 | $3,541.51 | $1,206.74 | $2,334.78 |
| 02/01/2030 | $191,666.30 | $3,541.51 | $1,192.39 | $2,349.13 |
| 03/01/2030 | $189,302.73 | $3,541.51 | $1,177.95 | $2,363.56 |
| 04/01/2030 | $186,924.64 | $3,541.51 | $1,163.42 | $2,378.09 |
| 05/01/2030 | $184,531.94 | $3,541.51 | $1,148.81 | $2,392.70 |
| 06/01/2030 | $182,124.53 | $3,541.51 | $1,134.10 | $2,407.41 |
| 07/01/2030 | $179,702.33 | $3,541.51 | $1,119.31 | $2,422.20 |
| 08/01/2030 | $177,265.24 | $3,541.51 | $1,104.42 | $2,437.09 |
| 09/01/2030 | $174,813.17 | $3,541.51 | $1,089.44 | $2,452.07 |
| 10/01/2030 | $172,346.03 | $3,541.51 | $1,074.37 | $2,467.14 |
| 11/01/2030 | $169,863.73 | $3,541.51 | $1,059.21 | $2,482.30 |
| 12/01/2030 | $167,366.17 | $3,541.51 | $1,043.95 | $2,497.56 |
| 01/01/2031 | $164,853.26 | $3,541.51 | $1,028.60 | $2,512.91 |
| 02/01/2031 | $162,324.91 | $3,541.51 | $1,013.16 | $2,528.35 |
| 03/01/2031 | $159,781.02 | $3,541.51 | $997.62 | $2,543.89 |
| 04/01/2031 | $157,221.50 | $3,541.51 | $981.99 | $2,559.52 |
| 05/01/2031 | $154,646.24 | $3,541.51 | $966.26 | $2,575.25 |
| 06/01/2031 | $152,055.16 | $3,541.51 | $950.43 | $2,591.08 |
| 07/01/2031 | $149,448.16 | $3,541.51 | $934.51 | $2,607.01 |
| 08/01/2031 | $146,825.13 | $3,541.51 | $918.48 | $2,623.03 |
| 09/01/2031 | $144,185.98 | $3,541.51 | $902.36 | $2,639.15 |
| 10/01/2031 | $141,530.61 | $3,541.51 | $886.14 | $2,655.37 |
| 11/01/2031 | $138,858.92 | $3,541.51 | $869.82 | $2,671.69 |
| 12/01/2031 | $136,170.81 | $3,541.51 | $853.40 | $2,688.11 |
| 01/01/2032 | $133,466.19 | $3,541.51 | $836.88 | $2,704.63 |
| 02/01/2032 | $130,744.93 | $3,541.51 | $820.26 | $2,721.25 |
| 03/01/2032 | $128,006.96 | $3,541.51 | $803.54 | $2,737.98 |
| 04/01/2032 | $125,252.16 | $3,541.51 | $786.71 | $2,754.80 |
| 05/01/2032 | $122,480.42 | $3,541.51 | $769.78 | $2,771.73 |
| 06/01/2032 | $119,691.66 | $3,541.51 | $752.74 | $2,788.77 |
| 07/01/2032 | $116,885.75 | $3,541.51 | $735.60 | $2,805.91 |
| 08/01/2032 | $114,062.60 | $3,541.51 | $718.36 | $2,823.15 |
| 09/01/2032 | $111,222.10 | $3,541.51 | $701.01 | $2,840.50 |
| 10/01/2032 | $108,364.14 | $3,541.51 | $683.55 | $2,857.96 |
| 11/01/2032 | $105,488.62 | $3,541.51 | $665.99 | $2,875.52 |
| 12/01/2032 | $102,595.42 | $3,541.51 | $648.32 | $2,893.20 |
| 01/01/2033 | $99,684.44 | $3,541.51 | $630.53 | $2,910.98 |
| 02/01/2033 | $96,755.57 | $3,541.51 | $612.64 | $2,928.87 |
| 03/01/2033 | $93,808.71 | $3,541.51 | $594.64 | $2,946.87 |
| 04/01/2033 | $90,843.73 | $3,541.51 | $576.53 | $2,964.98 |
| 05/01/2033 | $87,860.53 | $3,541.51 | $558.31 | $2,983.20 |
| 06/01/2033 | $84,858.99 | $3,541.51 | $539.98 | $3,001.54 |
| 07/01/2033 | $81,839.01 | $3,541.51 | $521.53 | $3,019.98 |
| 08/01/2033 | $78,800.47 | $3,541.51 | $502.97 | $3,038.54 |
| 09/01/2033 | $75,743.25 | $3,541.51 | $484.29 | $3,057.22 |
| 10/01/2033 | $72,667.24 | $3,541.51 | $465.51 | $3,076.01 |
| 11/01/2033 | $69,572.33 | $3,541.51 | $446.60 | $3,094.91 |
| 12/01/2033 | $66,458.40 | $3,541.51 | $427.58 | $3,113.93 |
| 01/01/2034 | $63,325.33 | $3,541.51 | $408.44 | $3,133.07 |
| 02/01/2034 | $60,173.01 | $3,541.51 | $389.19 | $3,152.32 |
| 03/01/2034 | $57,001.31 | $3,541.51 | $369.81 | $3,171.70 |
| 04/01/2034 | $53,810.12 | $3,541.51 | $350.32 | $3,191.19 |
| 05/01/2034 | $50,599.31 | $3,541.51 | $330.71 | $3,210.80 |
| 06/01/2034 | $47,368.78 | $3,541.51 | $310.97 | $3,230.54 |
| 07/01/2034 | $44,118.39 | $3,541.51 | $291.12 | $3,250.39 |
| 08/01/2034 | $40,848.02 | $3,541.51 | $271.14 | $3,270.37 |
| 09/01/2034 | $37,557.55 | $3,541.51 | $251.05 | $3,290.47 |
| 10/01/2034 | $34,246.86 | $3,541.51 | $230.82 | $3,310.69 |
| 11/01/2034 | $30,915.83 | $3,541.51 | $210.48 | $3,331.04 |
| 12/01/2034 | $27,564.32 | $3,541.51 | $190.00 | $3,351.51 |
| 01/01/2035 | $24,192.21 | $3,541.51 | $169.41 | $3,372.11 |
| 02/01/2035 | $20,799.38 | $3,541.51 | $148.68 | $3,392.83 |
| 03/01/2035 | $17,385.70 | $3,541.51 | $127.83 | $3,413.68 |
| 04/01/2035 | $13,951.04 | $3,541.51 | $106.85 | $3,434.66 |
| 05/01/2035 | $10,495.27 | $3,541.51 | $85.74 | $3,455.77 |
| 06/01/2035 | $7,018.26 | $3,541.51 | $64.50 | $3,477.01 |
| 07/01/2035 | $3,519.88 | $3,541.51 | $43.13 | $3,498.38 |
| 08/01/2035 | $0.00 | $3,541.51 | $21.63 | $3,519.88 |
| TOTAL: | - | $424,981.39 | $124,981.39 | $300,000.00 |
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