HELOC calculator?

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[Post New]02/03/2014 17:14
quote
Anonymous
If I wanted to take advantage of a HELOC at a great rate, but treat it more like a mortgage (make a payment greater than the interest only) in order to pay it off within a certain amount of time, how do I calculate the monthly payment I would need to make each month? A normal mortgage calculator won't work in this scenario, would it?

Thanks.
[Post New]02/03/2014 22:00
quote
Anonymous
Anyone?
[Post New]02/04/2014 21:24
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Anonymous
It would. Just change the proper terms.
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