Here's what every home equity product page buries: the payment. A $100,000 HELOC draw costs roughly $750 a month before you've paid back a dollar of principal. A home equity agreement (HEA) works differently — you get a lump sum, and there is no monthly payment at all, for up to 30 years. The cost comes out of your home's future value instead of your monthly budget.
Drag the slider — whatever the number, the monthly payment is $0. Check your rate as of .
One lump sum, no monthly payments
Your best guess is fine — equity is what sizes the offer.
Your best estimate is fine — it's confirmed later in the process.
This helps tailor your estimate.
Start typing and select your address — we verify it instantly so your estimate is accurate.
Please use your full legal name (as it appears on your government-issued ID) and an email and mobile number you control — these details are verified and used in the underwriting process. Inaccurate information can delay your estimate.
Your scenario is in. Moh will size your no-payment estimate — with the honest HELOC comparison beside it — and reach out with real numbers.
Fit is based on the answers you provided and is not a loan approval. Loan options are subject to verification, credit approval, and underwriting.
Drag to the cash you need. This is what a HELOC would quietly add to your monthly life — and what stays in your pocket with an HEA instead.
HELOC figures use an illustrative interest-only rate for comparison — not a quote; actual HELOC rates vary and are typically variable. The HEA's cost is a share of your home's future value paid at settlement instead — your estimate spells it out in dollars.
No payment means no payment underwriting — which is why this process is measured in seconds and days, not weeks.
Sixty seconds: home value, mortgage balance, credit range. No SSN, no income fields, no hard credit pull.
~60 secondsYour estimate arrives with the comparison most sites hide: the lump sum at $0/month next to what a HELOC would add to your monthly bills. You pick with open eyes.
1 business dayClose, receive your cash, and add nothing to your monthly budget — for up to 30 years, until you sell, refinance, or choose to buy out.
$0/month afterA HELOC's rate can move, its draw period ends, and its payment arrives every month whether your income did or not. An HEA asks nothing monthly — your cost settles once, from home value, at a time you choose.
The most popular use here: take the lump sum, pay off cards and loans that were costing $800/month, and replace them with a $0/month agreement. Same debt gone, monthly budget transformed.
Because nothing is owed monthly, there's no income documentation, no DTI math, and credit scores from 500 qualify. The homeowners who most need payment relief are exactly who loans lock out.
If you have strong income and room in the budget, a HELOC can be cheaper over time — and we'll show you that number. The right answer is whichever your numbers support, not whichever page you landed on.
The honest grid — including the row where the HEA loses.
| HEA · $0/monthNO PAYMENTS | HELOC | Cash-out refi | |
|---|---|---|---|
| Monthly payment on $100K | $0 | ≈ $750 interest-only | ≈ $670 P&I added |
| Payments over 10 years | $0 | ≈ $90,000 | ≈ $80,000+ |
| Income documentation | None | Required | Full documentation |
| Minimum credit | From 500 | ~640+ | ~620+ |
| Adds to your DTI | No | Yes | Yes |
| You keep 100% of appreciation | No — the share is the cost | Yes | Yes |
| Cost known in advance | Depends on home value | Yes — it's a rate | Yes |
| When you pay | Once — at sale, refi, or buyout | Every month | Every month |
Get your $0/month estimate in one business day — no SSN, no income docs, no new payment.
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