• Jul 14, 2025 How Much Interest Would Be Paid On A 240000 Heloc llustrative Only): Assuming a 9.5% average interest rate, a $120,000 average loan balance (borrowing half the credit line), and a 20-year total loan term, the estimated interest would be approximately: 0.095 x $120,000 x 20 = $228,000. Remember this is a very rough estimate and will vary based on By Dustin Heller-Quitzon
