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Equity Calculator

How Much Will You Save?

This calculator estimates the potential savings of a home equity loan versus a consumer loan, such as an auto or boat loan.

I. Purchase Information:
Loan Amount: $   
Loan Term (in Months):    
Your Income Tax Rate: %
II. Loan Information:
Consumer Loan Rate: %
Home Equity Loan Rate: %
 

III. Results:
  Home Equity Loan:    Consumer Loan: 
Monthly Payment: $ $
     
Total Principal: $ $
Total Interest: +$ +$
Potential Tax Savings: -$ -$
Total Cost: $ $
     
Our Home Equity Loan may save you $.

These calculators are provided to give you some general guidelines and cannot predict factors unique to your finances. The results are not guaranteed to be accurate, and in no way are endorsed, offered, or guaranteed by HomeStreet Bank. Please consult a tax advisor to determine if the interest on your home equity loan is deductible. For more information or assistance with your personal finances, please contact us and let us help you.

 
GeoTrust, Equal Opportunity Lender, FDIC