🔨 Home Improvement Loan Calculator

Calculate financing options for home improvement projects including personal loans and home equity solutions

Enter your loan information to calculate payments

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (Years)

Extra Monthly Payment ($)

• Make extra principal payments to reduce total interest

• Consider bi-weekly payments instead of monthly

• Shop around for the best interest rates

• Improve your credit score before applying

• Results are estimates for comparison purposes

• Actual rates may vary based on credit and lender

• Consider additional costs like insurance and taxes

• Consult with financial advisors for major decisions

1. Enter your renovation project cost

2. Compare personal loan vs HELOC options

3. Input interest rates and terms

4. Calculate monthly payments

5. Analyze total project financing costs

6. Choose the best financing option

✓ Multiple financing option comparison

✓ Personal loan vs home equity analysis

✓ Project cost planning tools

✓ ROI and home value impact

✓ Tax deduction considerations

✓ Payment affordability assessment