HELOC Calculator
Calculate your Home Equity Line of Credit (HELOC) available credit and payments. See how much you can borrow against your home equity.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Summary
Available HELOC Credit
$110,000.00
Yearly Principal vs Interest
Home Equity Breakdown
How to Use This Calculator
- Enter your home's current market value.
- Enter your current mortgage balance.
- Set the credit limit percentage — most lenders allow up to 85% of home value minus the mortgage balance.
- Enter the HELOC interest rate and how much you plan to borrow.
- Set the repayment period to calculate principal and interest payments.
- Review the available credit, monthly payment, interest-only payment, and your LTV ratio after the draw.
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