HELOC Calculator
Estimate your available home equity line of credit, interest-only payment during the draw period, and amortized payment during repayment.
- Home equity borrowing tool
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How this HELOC calculator works
This HELOC calculator starts with your home value, subtracts your current mortgage balance, then applies a combined loan-to-value limit to estimate how much credit may be available. It also shows the difference between an interest-only draw-period payment and the larger repayment-period payment once principal payback starts.
Compare your options
Use this page together with the home equity loan calculator, refinance savings calculator, and HELOC vs cash-out refinance guide.