Project Payment Calculator

Turn a project price into a real monthly payment. Compare terms and typical rate ranges for HELOCs, home-equity loans, personal loans and contractor financing.

Financing type

Lowest typical rate, variable, secured by your home. Closing can take 3–6 weeks.

Term

Fair (620)Excellent (780+)

$224/mo

$22,500 financed at an estimated 8.70% APR over 15 years. Actual rates depend on your lender, credit and equity.

Amount financed

$22,500

Total interest

$17,858

Total repaid

$40,358

Same project, other financing

Cash-out refinance 7.3% · 15 yr$206/mo
HELOC (home equity line) 8.7% · 15 yr$224/mo
Home equity loan 9.3% · 15 yr$233/mo
Contractor financing 7.2% · 5 yr$448/mo
Personal loan 15.9% · 5 yr$546/mo

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