Home Equity6 min read·Updated July 19, 2026

$100,000 HELOC Payment: What It Costs at Every Rate (2026)

Roughly $708 a month interest-only at today's typical rate — and about $868 once repayment begins. The full table, plus what a six-figure line really costs over its life.

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The Answer: $583–$833 Interest-Only, $775–$965 in Repayment

The quick answer

The payment on a $100,000 HELOC balance at a typical 8.5% rate is about $708/month interest-only during the draw period, rising to roughly $868/month when the balance amortizes over a 20-year repayment period. Every payment here scales exactly 2× the $50,000 figures — the formula is linear in the balance. Run your own numbers with the interest-only HELOC calculator.

HELOC rateInterest-only payment (draw period)20-yr repayment paymentInterest over full 10-yr IO draw
7.0%$583.33$775.30$70,000
7.5%$625.00$805.59$75,000
8.0%$666.67$836.44$80,000
8.5%$708.33$867.82$85,000
9.0%$750.00$899.73$90,000
9.5%$791.67$932.13$95,000
10.0%$833.33$965.02$100,000
$100,000 drawn balance. Interest-only = balance × rate ÷ 12; repayment column uses standard 240-month amortization. The last column assumes the rate holds for the full draw period — in practice it floats with prime.
Interest-Only Payment = Balance × (Rate ÷ 12)
Variables
Balance — drawn amount ($100,000), not your credit limit
Rate — current annual rate as a decimal (0.085 for 8.5%)
Example: $100,000 × (0.085 ÷ 12) = $708.33 per month, with the full $100,000 still owed afterwards.

The scale is what makes a six-figure line dangerous on autopilot: interest-only for a full 10-year draw at 8.5% costs about $85,000 with zero principal reduction, and completing a 20-year repayment period afterwards brings total interest to roughly $108,000 — more than the amount borrowed. A 1-point prime increase moves this payment by about $83/month immediately.

Run the numbers
Interest-Only HELOC Calculator

See both phases of a $100,000 line — the interest-only payment now and the exact repayment-period jump — plus how voluntary principal changes the picture.

Calculate your HELOC payment

Qualifying for (and Surviving) a $100,000 Line

Lenders typically cap combined loan-to-value (your mortgage plus the HELOC limit) at 80–85% of the home's value. Supporting a $100,000 line therefore generally requires at least $120,000–$125,000 of equity beyond your mortgage balance on an appraised-value basis, along with debt-to-income headroom for the fully amortizing payment — most underwriters qualify you at the repayment-phase number (or higher, stress-tested), not the interest-only teaser.

Budget for the repayment payment from day one

The gap between $708 interest-only and $868 in repayment is $160/month at a constant rate — and the rate isn't constant. If you can't comfortably carry the right-hand column of the table above, the responsible draw is smaller than the approved line. The Federal Reserve's HELOC booklet — the disclosure your lender is required to give you — walks through exactly this risk.

Paying voluntary principal during the draw period defuses most of it: $600/month of principal on top of interest clears $100,000 in about 11 years. Build that plan with the HELOC payoff calculator, or compare against a fixed-rate alternative with the home equity loan calculator.

Sources & further reading
  1. 1What is a home equity line of credit (HELOC)?Consumer Financial Protection Bureau
  2. 2What You Should Know About Home Equity Lines of CreditFederal Reserve Board
  3. 3Bank Prime Loan Rate (WPRIME)Federal Reserve Bank of St. Louis (FRED)

Calculators for this guide

Run your own numbers — every tool is free, private, and works offline.

Frequently asked questions

Interest-only during the draw period: about $708/month at 8.5%, ranging from $583 at 7% to $833 at 10%. In the 20-year repayment period the same balance requires about $868/month at 8.5%.
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About the authors
We Are Calculator Editorial

We are a research-first finance team. We do not sell leads, we do not rank lenders, and we have no affiliates pulling our recommendations. Every guide is built by pairing primary sources — the IRS, CFPB, Federal Reserve, Freddie Mac, Statistics Canada, OSFI — with the same calculators you can run yourself.

Last reviewed and updated July 19, 2026. Rates, rules, and limits are time-sensitive — we re-verify source data on a rolling 60-day cycle and note changes in the section bodies.

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