HELOC Calculator: Home Equity

Find out exactly how much you can borrow against your home and what it will cost — HELOC Calculator: Home Equity is a complete HELOC calculator and home equity loan calculator for US homeowners. HELOC & HOME EQUITY CALCULATORS • HELOC calculator: estimate your credit line from home value, mortgage balance and up to 85% combined loan-to-value (CLTV). • Home equity loan calculator: fixed-rate second mortgage with full amortization schedule. • Draw period vs repayment period: interest-only payments during the draw, then fully amortized payments after. • Variable rate modeling: prime + margin with +1% and +2% rate shock scenarios. • Closing costs: add origination and appraisal fees (2-5%) to see the true cost of the line. • HELOC vs home equity loan vs cash-out refinance comparison in one screen. KNOW YOUR NUMBERS BEFORE YOU CALL A LENDER • How much equity you have and how much you can borrow against your home. • Monthly interest-only payment during the draw period. • Fully amortized payment in the repayment period. • Total interest over the life of the line. Built for US homeowners using equity for renovations, debt consolidation or emergencies. Includes a general loan and mortgage calculator for any loan type. Disclaimer: estimates for planning purposes only. Rates and limits vary by lender. Consult a licensed loan officer for official terms.

Now a complete HELOC & Home Equity Calculator! • Estimate your credit line from home value, balance & 85% CLTV • Interest-only draw period vs amortized repayment payments • Rate shock scenarios (+1%/+2%) • Closing costs to see the true cost of the line • HELOC vs home equity loan vs cash-out refinance • General loan calculator still included Bug fixes & improvements.