Cash-Out Refi vs. HELOC Calculator
Compare the costs of a cash-out refinance against a HELOC. See monthly payments, total interest, and which option costs less based on how much equity you need to tap.
Cash-Out Refi vs HELOC Calculator
Cash-Out Refi
$2,086/mo
New loan: $330,000
+$819/mo vs current
Single payment, fixed rate
HELOC
$1,833/mo
Mortgage: $1,267 + HELOC: $567
+$567/mo vs current
Keeps existing rate, variable
10-Year Interest
$200,060
Cash-out refi
10-Year Interest
$170,229
HELOC
Lower Monthly Payment
HELOC
Saves $252/mo