How to calculate monthly HELOC payments?My lender is proposing a 3yr $50k HELOC (2nd loan in an 80/10/10) with $262 monthly payments. I'm unable to reconcile these payments with the total loan amount if paid within 3 years (i.e. $262*36 months < $50k). Are these interest only payments? What are the typical payments on these loans? (loan/total # months)+interest?Thanks in advance for your response.July 17 2012 - Walnut Creek00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.