๐Ÿ”‘ Home Equity & HELOC Calculator

See your available equity, credit line limit (based on LTV), and exact payment for both a HELOC and a lump-sum home equity loan.

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Inputs
$
$
%
$
%
yr
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Results
Monthly Payment
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Home Equityโ€”
Available Credit (LTV)โ€”
Your Draw Amountโ€”
Draw vs. Availableโ€”
Total Interestโ€”
Total Repaidโ€”
Interest-Only Paymentโ€”
Available Equity = Home Value ร— LTV% โˆ’ Mortgage Balance
PMT = Draw ร— [r(1+r)โฟ] / [(1+r)โฟ โˆ’ 1]

Most lenders allow borrowing up to 80โ€“85% of your home's value (combined LTV). A HELOC has a draw period (interest-only) followed by a repayment period. A home equity loan provides a lump sum at a fixed rate from day one.