HELOC Calculator
How much home equity you can borrow.
Enter your values
Results update instantly as you type — no submit needed.
Results
- Available credit line
- $135,000.00
- Current equity
- $210,000.00
- Interest-only payment
- $956.25
- 10-year repayment payment
- $1,673.81
- Current LTV
- 58%
Quick answer
Most lenders let you borrow up to 80–85% of your home's value minus your mortgage balance.
Available = Value × LTV − Mortgage balance
How to use the HELOC Calculator
- 1Enter your home's current value.
- 2Enter your remaining mortgage balance.
- 3Adjust the LTV cap your lender allows.
Frequently asked questions
Are HELOC rates fixed?
Usually variable, tied to prime plus a margin.
Is HELOC interest deductible?
In the US, only when funds are used to buy, build or substantially improve the home.