HELOC Analysis
Enter your home value and mortgage balance.
Maximum HELOC amount
$0
CLTV: 0%
Maximum HELOC
$0
Combined LTV
0%
Interest-only payment (draw period)
$0
Full payment (repayment period)
$0
Total interest over life
$0
Available equity
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Home value ($) | $500,000 |
| Mortgage balance ($) | $250,000 |
| HELOC rate (%) | 8.5% |
| Draw period (years) | 10 |
| Repayment period (years) | 20 |
| Result | Value |
|---|---|
| Maximum HELOC amount | $175,000 |
| Maximum HELOC | $175,000 |
| Combined LTV | 85.0% |
| Interest-only payment (draw period) | $930 |
| Full payment (repayment period) | $1,139 |
| Total interest over life | $253,677 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the HELOC Analysis
- Home value ($) — default $500,000
- Mortgage balance ($) — default $250,000
- HELOC rate (%) — default 8.5%
- Draw period (years) — default 10
- Repayment period (years) — default 20
- Press Calculate to update the results instantly.