Home Equity Line of Credit Calculator

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.
You may qualify for a $10,000.00 credit line.
*indicates required.
What if my appraised value changes? Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Definitions

Appraised value of your home

Current appraised value of your home.

Outstanding home loans

Total amount of all outstanding home loan balances, including your first mortgage, second mortgage(s), and any other debt that is secured by your home.

Loan-to-value ratio limit

Loan-to-value ratio limit is the maximum loan-to-value ratio (LTV) your lender will allow. LTV is the percentage of your home's appraised value that is borrowed, including all outstanding mortgages and home equity loans and lines secured by your home. For example, a lender's 80% LTV limit for a home appraised at $400,000 would mean a HELOC applicant could have no more than $320,000 in total outstanding home loan balances. Remember, the $320,000 limit would include all existing loans secured by your home plus your new HELOC.