Honest Mortgage Calculator.com ::FREE Mortgage Calculation tools.

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Debt Consolidation using a HELOC



Entry Columns				Calculated Columns
Payment Detail	Debt Balance ($)	Interest Rate (% per annum)	Monthly Pmt ($)	No. of Payments Left (#)	Total Interest Left ($)










Totals
New Loan Information
Need Additional Cash? Enter Amount Here
Interest Rate (% per annum)			%
Number of Years
Estimated Closing Costs ($)
Federal & State Tax Rate			%


What will my monthly payments be if I consolidate my debt with a HELOC?
			Current	New Loan
Total Principal Balance ($)
Effective Rate Before Taxes			%	%
Effective Rate After Taxes			%	%
Total of Monthly Payments ($)
Monthly Tax Savings ($)
Monthly Payment Reduction ($)
Total Monthly Savings ($)

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy or applicability of the information obtained while using these calculators regarding your financial situation. Please consult your own financial advisor.