HELOC Calculator

Calculate your HELOC borrowing power, payments, and costs.

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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:

InputValue
Home value ($)$500,000
Mortgage balance ($)$250,000
HELOC rate (%)8.5%
Draw period (years)10
Repayment period (years)20
ResultValue
Maximum HELOC amount$175,000
Maximum HELOC$175,000
Combined LTV85.0%
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

  1. Home value ($) — default $500,000
  2. Mortgage balance ($) — default $250,000
  3. HELOC rate (%) — default 8.5%
  4. Draw period (years) — default 10
  5. Repayment period (years) — default 20
  6. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references