Home Equity Line of Credit (HELOC)
Summary Estimate
Home Equity Line of Credit Estimate
| Minimum Monthly Payment | $0/mo (Based on an initial withdrawal of at account opening) |
| Loan Amount | $0 |
| Interest Rate | 0% |
| Term | 5 year drawdown 10 Years Repayment |
.c-rate-table__title{display:none;}
.calculator-section.disabled .input-group{box-shadow:none!important;}
function disableRate(){
$(‘.input-rate’).prop( “disabled”, true );
$(‘.input-rate’).addClass( “disabled” );$(‘.input-rate’).parents(‘.calculator-section’).addClass( “disabled” );
}
let amount = 20000;
let score = 0;
let rate = 7;//cur prime rate
let floorRate = 5;
let term = 10;
let hide_high_term=false;
let calc_amount = 0;
let loanRepay = 0;
let termtext = “10 year draw period, 15 year payback”;
let minPay = 0;
amount = document.URL.match(/a=([^&#]*)/)[1];
amount = parseFloat(amount.replace(/[$,]+/g,””));
score = document.URL.match(/cs=([^&#]*)/)[1];
switch(score){
case “740%2B”: rate=rate-1;disableRate();break;
case “720-739”: rate=rate-1;disableRate();break;
case “680-719”: rate=rate-0.5;disableRate();break;
case “640-679”: rate=rate+4;hide_high_term=true;disableRate();termtext = “5 year draw period, 10 year payback”;break;
case “600-639”: rate=rate+5;hide_high_term=true;disableRate();termtext = “5 year draw period, 10 year payback”;break;
}
/*$(‘.input-amount’)[0].value = amount;
$(‘.input-rate’)[0].value = rate;
//$(‘.input-term’)[0].value = term;
if(hide_high_term){
$(‘.input-term’).parent().parent().find(“span:nth-child(3)”).hide();
}
$(‘.input-amount’).keyup( function(e){
calc_amount=parseFloat($(‘.input-amount’).val().replace(/[$,]+/g,””));
loanRepay = (calc_amount*(rate/100)/12);
$(‘#LoanAmt,#LoanAmt2’).text(‘$’+ calc_amount.toLocaleString());
if(loanRepay > 0){
$(‘.output-result’).text(‘$’ + loanRepay.toFixed(0) + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + loanRepay.toFixed(0) + ‘/mo’);
}else{
$(‘.output-result’).text(‘$’ + 0 + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + 0 + ‘/mo’);
}
if(hide_high_term){
minPay = 0.01*amount;
$(‘.output-result’).text(‘$’ + minPay.toFixed(0) + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + minPay.toFixed(0) + ‘/mo’);
}else{
if(loanRepay > 100) {
$(‘.output-result’).text(‘$’ + loanRepay.toFixed(0) + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + loanRepay.toFixed(0) + ‘/mo’);
}else{
minPay = 100;
$(‘.output-result’).text(‘$’ + minPay + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + minPay + ‘/mo’);
}
}
});*/
loanRepay = (amount*(rate/100)/12);
if(hide_high_term){
minPay = 0.01*amount;
$(‘#mthPayment’).text(‘$’ + minPay.toFixed(0) + ‘/mo’);
}else{
if(loanRepay > 100) {
//$(‘.output-result’).text(‘$’ + loanRepay.toFixed(0) + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + loanRepay.toFixed(0) + ‘/mo’);
}else{
minPay = 100;
//$(‘.output-result’).text(‘$’ + minPay + ‘/mo’);
$(‘#mthPayment’).text(‘$’ + minPay + ‘/mo’);
}
}
$(‘#iRate’).text(rate+’% APR*’);
$(‘#LoanTerm’).text(termtext);
$(‘#LoanAmt,#LoanAmt2’).text(‘$’+ amount.toLocaleString());
