How a home equity loan payment works
A home equity loan gives you one lump sum with a fixed rate and a fixed monthly payment. The payment depends on three things: how much you borrow, your rate and how many years you take to repay. It sits alongside your current mortgage, so you make two payments each month.
Payment examples by loan amount
Hypothetical examples at an 8% fixed rate, principal and interest only. APR may differ; example only. Rates change daily.
| Loan amount | 15-year | 20-year | 30-year |
|---|---|---|---|
| $50,000 | $478 | $418 | $367 |
| $75,000 | $717 | $627 | $550 |
| $100,000 | $956 | $836 | $734 |
| $125,000 | $1,195 | $1,046 | $917 |
| $150,000 | $1,433 | $1,255 | $1,101 |
| $175,000 | $1,672 | $1,464 | $1,284 |
| $200,000 | $1,911 | $1,673 | $1,468 |
| $250,000 | $2,389 | $2,091 | $1,834 |
Example details: $50,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $477.83; $50,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $418.22; $50,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $366.88; $75,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $716.74; $75,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $627.33; $75,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $550.32; $100,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $955.65; $100,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $836.44; $100,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $733.76; $125,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $1,194.57; $125,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $1,045.55; $125,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $917.21; $150,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $1,433.48; $150,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $1,254.66; $150,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $1,100.65; $175,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $1,672.39; $175,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $1,463.77; $175,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $1,284.09; $200,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $1,911.30; $200,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $1,672.88; $200,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $1,467.53; $250,000 15-year fixed home equity loan at 8.000% (8.055% APR): 180 monthly payments of $2,389.13; $250,000 20-year fixed home equity loan at 8.000% (8.045% APR): 240 monthly payments of $2,091.10; $250,000 30-year fixed home equity loan at 8.000% (8.035% APR): 360 monthly payments of $1,834.41. Principal and interest only; taxes and insurance not included, so the actual payment will be higher. Unless noted, APR assumes ZERO Closing Costs, no discount points and 15 days of prepaid interest. Hypothetical example prepared November 4, 2026, not a current CapCenter rate offer; subject to credit approval.
Shorter term or lower payment?
A shorter term means a higher monthly payment but far less interest over the life of the loan. In the same example, a $100,000 loan costs about $72,017 in interest over 15 years, about $100,746 over 20 years and about $164,155 over 30 years. Pick the shortest term whose payment fits comfortably in your budget.
What changes your rate
- Your credit score
- How much you owe against your home, including the new loan
- The loan term
- Your debt-to-income ratio
CapCenter home equity loans
CapCenter offers fixed-rate home equity loans from $50,000 to $250,000 with 15-, 20- and 30-year terms and ZERO Closing Costs (restrictions apply; see Offer details). They are available on single-family primary residences and second homes. We don’t offer HELOCs.
See your own numbers
Your payment depends on your rate, which depends on your credit and your home. Get a quote to see the rate and payment for the amount you need.
