Calculator for Home Equity Line of Credit

Use this free calculator for home equity line of credit to estimate how much you could borrow with a HELOC and the interest-only payment.

How the calculator for home equity line of credit works

Available credit = home value × maximum combined loan-to-value − mortgage balance. Interest-only payment = amount drawn × rate ÷ 12.

Frequently asked questions

What is CLTV?

Combined loan-to-value: your mortgage plus HELOC divided by the home’s value. Many lenders cap it around 80–85%.

Results are estimates for general information only. They are not a substitute for professional advice where applicable. Found a mistake? Report an error.