How much will a $100,000 home equity loan cost monthly right now?

The average homeowner is sitting on hundreds of thousands of dollars worth of home equity now. Thana Prasongsin/Getty Images In today's economic climate, where inflation is surging and interest rates are elevated and likely to remain so for the foreseeable future, millions of Americans are focused on two questions: How to save money and how to access additional funds. While multiple, high-rate savings accounts can help grow your money right now, gaining access to a large amount to borrow can be difficult, especially if you need a large, six-figure amount. If you're an existing homeowner, however, it doesn't have to be. Home equity levels in the United States reached a record high in 2025, and the average homeowner has hundreds of thousands of dollars worth of equity to borrow from now. While lenders will require owners to keep a 20% equity buffer in the property, withdrawing $100,000 with a home equity loan can still be accomplished with ease. And, unlike with a credit card or with a personal loan, borrowers won't need to pay a double-digit interest rate to secure that money. Still, home equity borrowing isn't risk-free. Your home will function as collateral, so it's critical that you understand what your payments will look like before applying. Fortunately, with a home equity loan, this will be simple to calculate thanks to the account's fixed interest rate . …