Home Equity Line of Credit product from First National Bank of Scotia - Amortization Schedule Calculator

Use the calculator below to calculate your monthly home equity payment for the line of credit from First National Bank of Scotia. 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 line of credit.

Home Equity product from First National Bank of Scotia

Product Total Termlength: 15 Years
Interest Rate: 7.5%
Rate change (per year): 0.1%

Monthly Payment: Year 1: $3,005.99, Year 2: $3,045.54, Year 3: $3,085.10, Year 4: $3,124.65, Year 5: $3,164.20, Year 6: $3,203.75, Year 7: $3,243.31, Year 8: $3,282.86, Year 9: $3,322.41, Year 10: $3,361.96, Year 11: $3,401.52, Year 12: $3,441.07, Year 13: $3,480.62, Year 14: $3,520.17, Year 15: $3,559.73,

Date	Principal Balance^?	Monthly Payment^?	Interest^?	Monthly Amortization^?
11/23/2025	$320,000.00	$3,005.99	$2,026.67	$979.33
12/23/2025	$319,020.67	$3,005.99	$2,026.67	$979.33
01/23/2026	$318,035.15	$3,005.99	$2,020.46	$985.53
02/23/2026	$317,043.38	$3,005.99	$2,014.22	$991.77
03/23/2026	$316,045.33	$3,005.99	$2,007.94	$998.05
04/23/2026	$315,040.95	$3,005.99	$2,001.62	$1,004.37
05/23/2026	$314,030.22	$3,005.99	$1,995.26	$1,010.73
06/23/2026	$313,013.09	$3,005.99	$1,988.86	$1,017.13
07/23/2026	$311,989.51	$3,005.99	$1,982.42	$1,023.58
08/23/2026	$310,959.45	$3,005.99	$1,975.93	$1,030.06
09/23/2026	$309,922.87	$3,005.99	$1,969.41	$1,036.58
10/23/2026	$308,879.72	$3,005.99	$1,962.84	$1,043.15
11/23/2026	$307,816.16	$3,045.54	$1,981.98	$1,063.57
12/23/2026	$306,745.77	$3,045.54	$1,975.15	$1,070.39
01/23/2027	$305,668.51	$3,045.54	$1,968.29	$1,077.26
02/23/2027	$304,584.34	$3,045.54	$1,961.37	$1,084.17
03/23/2027	$303,493.21	$3,045.54	$1,954.42	$1,091.13
04/23/2027	$302,395.08	$3,045.54	$1,947.41	$1,098.13
05/23/2027	$301,289.90	$3,045.54	$1,940.37	$1,105.18
06/23/2027	$300,177.63	$3,045.54	$1,933.28	$1,112.27
07/23/2027	$299,058.23	$3,045.54	$1,926.14	$1,119.40
08/23/2027	$297,931.64	$3,045.54	$1,918.96	$1,126.59
09/23/2027	$296,797.82	$3,045.54	$1,911.73	$1,133.82
10/23/2027	$295,656.73	$3,045.54	$1,904.45	$1,141.09
11/23/2027	$294,493.40	$3,085.10	$1,921.77	$1,163.33
12/23/2027	$293,322.51	$3,085.10	$1,914.21	$1,170.89
01/23/2028	$292,144.01	$3,085.10	$1,906.60	$1,178.50
02/23/2028	$290,957.85	$3,085.10	$1,898.94	$1,186.16
03/23/2028	$289,763.98	$3,085.10	$1,891.23	$1,193.87
04/23/2028	$288,562.35	$3,085.10	$1,883.47	$1,201.63
05/23/2028	$287,352.91	$3,085.10	$1,875.66	$1,209.44
06/23/2028	$286,135.61	$3,085.10	$1,867.79	$1,217.30
07/23/2028	$284,910.39	$3,085.10	$1,859.88	$1,225.22
08/23/2028	$283,677.21	$3,085.10	$1,851.92	$1,233.18
09/23/2028	$282,436.01	$3,085.10	$1,843.90	$1,241.20
10/23/2028	$281,186.75	$3,085.10	$1,835.83	$1,249.26
11/23/2028	$279,913.25	$3,124.65	$1,851.15	$1,273.50
12/23/2028	$278,631.36	$3,124.65	$1,842.76	$1,281.89
01/23/2029	$277,341.03	$3,124.65	$1,834.32	$1,290.33
02/23/2029	$276,042.21	$3,124.65	$1,825.83	$1,298.82
03/23/2029	$274,734.84	$3,124.65	$1,817.28	$1,307.37
04/23/2029	$273,418.86	$3,124.65	$1,808.67	$1,315.98
05/23/2029	$272,094.22	$3,124.65	$1,800.01	$1,324.64
06/23/2029	$270,760.86	$3,124.65	$1,791.29	$1,333.36
07/23/2029	$269,418.72	$3,124.65	$1,782.51	$1,342.14
08/23/2029	$268,067.74	$3,124.65	$1,773.67	$1,350.98
09/23/2029	$266,707.87	$3,124.65	$1,764.78	$1,359.87
10/23/2029	$265,339.05	$3,124.65	$1,755.83	$1,368.82
11/23/2029	$263,943.77	$3,164.20	$1,768.93	$1,395.28
12/23/2029	$262,539.20	$3,164.20	$1,759.63	$1,404.58
01/23/2030	$261,125.25	$3,164.20	$1,750.26	$1,413.94
02/23/2030	$259,701.89	$3,164.20	$1,740.84	$1,423.37
03/23/2030	$258,269.03	$3,164.20	$1,731.35	$1,432.86
04/23/2030	$256,826.62	$3,164.20	$1,721.79	$1,442.41
05/23/2030	$255,374.60	$3,164.20	$1,712.18	$1,452.02
06/23/2030	$253,912.89	$3,164.20	$1,702.50	$1,461.70
07/23/2030	$252,441.44	$3,164.20	$1,692.75	$1,471.45
08/23/2030	$250,960.18	$3,164.20	$1,682.94	$1,481.26
09/23/2030	$249,469.05	$3,164.20	$1,673.07	$1,491.13
10/23/2030	$247,967.97	$3,164.20	$1,663.13	$1,501.08
11/23/2030	$246,438.00	$3,203.75	$1,673.78	$1,529.97
12/23/2030	$244,897.71	$3,203.75	$1,663.46	$1,540.30
01/23/2031	$243,347.01	$3,203.75	$1,653.06	$1,550.70
02/23/2031	$241,785.85	$3,203.75	$1,642.59	$1,561.16
03/23/2031	$240,214.15	$3,203.75	$1,632.05	$1,571.70
04/23/2031	$238,631.84	$3,203.75	$1,621.45	$1,582.31
05/23/2031	$237,038.85	$3,203.75	$1,610.76	$1,592.99
06/23/2031	$235,435.11	$3,203.75	$1,600.01	$1,603.74
07/23/2031	$233,820.54	$3,203.75	$1,589.19	$1,614.57
08/23/2031	$232,195.07	$3,203.75	$1,578.29	$1,625.47
09/23/2031	$230,558.63	$3,203.75	$1,567.32	$1,636.44
10/23/2031	$228,911.15	$3,203.75	$1,556.27	$1,647.48
11/23/2031	$227,232.07	$3,243.31	$1,564.23	$1,679.08
12/23/2031	$225,541.51	$3,243.31	$1,552.75	$1,690.55
01/23/2032	$223,839.41	$3,243.31	$1,541.20	$1,702.11
02/23/2032	$222,125.67	$3,243.31	$1,529.57	$1,713.74
03/23/2032	$220,400.22	$3,243.31	$1,517.86	$1,725.45
04/23/2032	$218,662.98	$3,243.31	$1,506.07	$1,737.24
05/23/2032	$216,913.87	$3,243.31	$1,494.20	$1,749.11
06/23/2032	$215,152.81	$3,243.31	$1,482.24	$1,761.06
07/23/2032	$213,379.71	$3,243.31	$1,470.21	$1,773.10
08/23/2032	$211,594.50	$3,243.31	$1,458.09	$1,785.21
09/23/2032	$209,797.09	$3,243.31	$1,445.90	$1,797.41
10/23/2032	$207,987.40	$3,243.31	$1,433.61	$1,809.69
11/23/2032	$206,143.11	$3,282.86	$1,438.58	$1,844.28
12/23/2032	$204,286.08	$3,282.86	$1,425.82	$1,857.04
01/23/2033	$202,416.20	$3,282.86	$1,412.98	$1,869.88
02/23/2033	$200,533.38	$3,282.86	$1,400.05	$1,882.81
03/23/2033	$198,637.55	$3,282.86	$1,387.02	$1,895.84
04/23/2033	$196,728.60	$3,282.86	$1,373.91	$1,908.95
05/23/2033	$194,806.44	$3,282.86	$1,360.71	$1,922.15
06/23/2033	$192,870.99	$3,282.86	$1,347.41	$1,935.45
07/23/2033	$190,922.16	$3,282.86	$1,334.02	$1,948.84
08/23/2033	$188,959.84	$3,282.86	$1,320.54	$1,962.31
09/23/2033	$186,983.96	$3,282.86	$1,306.97	$1,975.89
10/23/2033	$184,994.40	$3,282.86	$1,293.31	$1,989.55
11/23/2033	$182,966.95	$3,322.41	$1,294.96	$2,027.45
12/23/2033	$180,925.31	$3,322.41	$1,280.77	$2,041.64
01/23/2034	$178,869.37	$3,322.41	$1,266.48	$2,055.94
02/23/2034	$176,799.04	$3,322.41	$1,252.09	$2,070.33
03/23/2034	$174,714.23	$3,322.41	$1,237.59	$2,084.82
04/23/2034	$172,614.81	$3,322.41	$1,223.00	$2,099.41
05/23/2034	$170,500.70	$3,322.41	$1,208.30	$2,114.11
06/23/2034	$168,371.80	$3,322.41	$1,193.50	$2,128.91
07/23/2034	$166,227.99	$3,322.41	$1,178.60	$2,143.81
08/23/2034	$164,069.17	$3,322.41	$1,163.60	$2,158.82
09/23/2034	$161,895.24	$3,322.41	$1,148.48	$2,173.93
10/23/2034	$159,706.10	$3,322.41	$1,133.27	$2,189.15
11/23/2034	$157,475.38	$3,361.96	$1,131.25	$2,230.71
12/23/2034	$155,228.87	$3,361.96	$1,115.45	$2,246.51
01/23/2035	$152,966.44	$3,361.96	$1,099.54	$2,262.43
02/23/2035	$150,687.99	$3,361.96	$1,083.51	$2,278.45
03/23/2035	$148,393.40	$3,361.96	$1,067.37	$2,294.59
04/23/2035	$146,082.55	$3,361.96	$1,051.12	$2,310.84
05/23/2035	$143,755.34	$3,361.96	$1,034.75	$2,327.21
06/23/2035	$141,411.64	$3,361.96	$1,018.27	$2,343.70
07/23/2035	$139,051.34	$3,361.96	$1,001.67	$2,360.30
08/23/2035	$136,674.33	$3,361.96	$984.95	$2,377.02
09/23/2035	$134,280.47	$3,361.96	$968.11	$2,393.86
10/23/2035	$131,869.66	$3,361.96	$951.15	$2,410.81
11/23/2035	$129,413.21	$3,401.52	$945.07	$2,456.45
12/23/2035	$126,939.15	$3,401.52	$927.46	$2,474.06
01/23/2036	$124,447.36	$3,401.52	$909.73	$2,491.79
02/23/2036	$121,937.72	$3,401.52	$891.87	$2,509.64
03/23/2036	$119,410.09	$3,401.52	$873.89	$2,527.63
04/23/2036	$116,864.34	$3,401.52	$855.77	$2,545.75
05/23/2036	$114,300.36	$3,401.52	$837.53	$2,563.99
06/23/2036	$111,717.99	$3,401.52	$819.15	$2,582.36
07/23/2036	$109,117.12	$3,401.52	$800.65	$2,600.87
08/23/2036	$106,497.61	$3,401.52	$782.01	$2,619.51
09/23/2036	$103,859.32	$3,401.52	$763.23	$2,638.28
10/23/2036	$101,202.13	$3,401.52	$744.33	$2,657.19
11/23/2036	$98,494.78	$3,441.07	$733.72	$2,707.35
12/23/2036	$95,767.79	$3,441.07	$714.09	$2,726.98
01/23/2037	$93,021.04	$3,441.07	$694.32	$2,746.75
02/23/2037	$90,254.37	$3,441.07	$674.40	$2,766.67
03/23/2037	$87,467.65	$3,441.07	$654.34	$2,786.73
04/23/2037	$84,660.72	$3,441.07	$634.14	$2,806.93
05/23/2037	$81,833.44	$3,441.07	$613.79	$2,827.28
06/23/2037	$78,985.66	$3,441.07	$593.29	$2,847.78
07/23/2037	$76,117.24	$3,441.07	$572.65	$2,868.42
08/23/2037	$73,228.02	$3,441.07	$551.85	$2,889.22
09/23/2037	$70,317.85	$3,441.07	$530.90	$2,910.17
10/23/2037	$67,386.58	$3,441.07	$509.80	$2,931.27
11/23/2037	$64,400.13	$3,480.62	$494.17	$2,986.45
12/23/2037	$61,391.78	$3,480.62	$472.27	$3,008.35
01/23/2038	$58,361.36	$3,480.62	$450.21	$3,030.42
02/23/2038	$55,308.72	$3,480.62	$427.98	$3,052.64
03/23/2038	$52,233.70	$3,480.62	$405.60	$3,075.03
04/23/2038	$49,136.12	$3,480.62	$383.05	$3,097.58
05/23/2038	$46,015.83	$3,480.62	$360.33	$3,120.29
06/23/2038	$42,872.66	$3,480.62	$337.45	$3,143.17
07/23/2038	$39,706.43	$3,480.62	$314.40	$3,166.22
08/23/2038	$36,516.99	$3,480.62	$291.18	$3,189.44
09/23/2038	$33,304.16	$3,480.62	$267.79	$3,212.83
10/23/2038	$30,067.77	$3,480.62	$244.23	$3,236.39
11/23/2038	$26,770.60	$3,520.17	$223.00	$3,297.17
12/23/2038	$23,448.97	$3,520.17	$198.55	$3,321.63
01/23/2039	$20,102.71	$3,520.17	$173.91	$3,346.26
02/23/2039	$16,731.63	$3,520.17	$149.10	$3,371.08
03/23/2039	$13,335.55	$3,520.17	$124.09	$3,396.08
04/23/2039	$9,914.28	$3,520.17	$98.91	$3,421.27
05/23/2039	$6,467.63	$3,520.17	$73.53	$3,446.64
06/23/2039	$2,995.43	$3,520.17	$47.97	$3,472.21
07/23/2039	$-502.53	$3,520.17	$22.22	$3,497.96
08/23/2039	$-4,026.44	$3,520.17	$-3.73	$3,523.90
09/23/2039	$-7,576.47	$3,520.17	$-29.86	$3,550.04
10/23/2039	$-11,152.84	$3,520.17	$-56.19	$3,576.37
11/23/2039	$-14,796.21	$3,559.73	$-83.65	$3,643.37
12/23/2039	$-18,466.91	$3,559.73	$-110.97	$3,670.70
01/23/2040	$-22,165.14	$3,559.73	$-138.50	$3,698.23
02/23/2040	$-25,891.11	$3,559.73	$-166.24	$3,725.97
03/23/2040	$-29,645.02	$3,559.73	$-194.18	$3,753.91
04/23/2040	$-33,427.08	$3,559.73	$-222.34	$3,782.07
05/23/2040	$-37,237.51	$3,559.73	$-250.70	$3,810.43
06/23/2040	$-41,076.52	$3,559.73	$-279.28	$3,839.01
07/23/2040	$-44,944.33	$3,559.73	$-308.07	$3,867.80
08/23/2040	$-48,841.13	$3,559.73	$-337.08	$3,896.81
09/23/2040	$-52,767.17	$3,559.73	$-366.31	$3,926.04
10/23/2040	$-56,722.65	$3,559.73	$-395.75	$3,955.48
TOTAL:	-	$590,914.76	$213,212.78	$377,701.98

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Featured New York Home Equity Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
Quicken Loans	Compare Mortgage Lender Options and Find the Best One for $0		Learn More
Homeowners best kept secret for cash No second mortgage needed Keep the low rate you already have It costs $0 to check your options with lenders More Info
Ready to access funds? Homeowners’ best kept secret for cash. Access equity on YOUR terms. It costs $0 to see how much you could get with a lender
Figure Home Equity	Intro APR 6.850 % After Intro: 6.850 %	$15,000	Learn More
Flexible terms, borrow $15K-$750K, redraw up to 100% Use to consolidate debt or finance your next home project 100% digital app & automated valuation Largest non-bank HELOC lender in the US More Info
Available APRs range from 6.35% - 14.90%*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone.
Third Federal Savings and Loan Equal Housing Lender	Intro APR 6.990 % After Intro: 6.990 %	$0	Learn More
Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com.
Four Leaf Federal Credit Union	Intro APR 5.990 % After Intro: 7.250 % Intro Period: 12 months	$25,000	Learn More
Tap into your home's equity & access the funds you need with a HELOC Apply online or speak with a specialist No application, origination & appraisal fees on lines up to $500K[3] On average, access funds within 35 days[5] More Info
Rates/terms are subject to change. All offers of credit are subject to credit approval. Applicants may be offered credit at higher rates and other terms. Property insurance (including flood insurance, if applicable) is required. HELOCs not offered in Texas. Membership at FourLeaf is required by opening a minimum $5 share account. Rates shown are based on primary residence, minimum initial draw of $25,000 at account opening, monthly payments via automatic transfers from a FourLeaf checking/savings account, and borrower(s) inputs for credit score and Combined Loan-to-Value. If borrower(s) qualifies for an intro rate, the intro APR is fixed for 12 months. After, standard APR is variable based on the U.S. Prime Rate, plus a margin, and is subject to increase. To obtain an intro rate, borrower(s) must meet credit/loan program requirements, including (but not limited to): 1) maximum CLTV of 75%, 2) minimum credit score of 720 3) initial draw of $25,000 and maintain this balance for 12 months, 4) monthly payments via automatic transfers from a FourLeaf checking/savings account, and 5) have not had an intro rate within the past 5 years. Loan amounts over $500,000 are not available for the intro rate. The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable), and is subject to increase after consummation. The current standard APR ranges from 7.50% - 18.00% as of 4/16/2025. Not all applicants will qualify for the lowest rate. The minimum floor APR is 3.25% and maximum is 18%. Prime Rate as of 4/16/2025 = 7.50%. Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. Fees generally range between $500 - $15,000. Borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amounts over $500,000. Fees generally range between $500 -$60,000.
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.

Home Equity Line of Credit product from First National Bank of Scotia - Amortization Schedule Calculator

Home Equity product from First National Bank of Scotia

Featured New York Home Equity Rates 2025

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