HELOC Calculator
Estimate your home equity line of credit payment and how much equity you can tap.
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Your Results
Home equity$250,000.00
Approx. available (85%)$212,500.00
Monthly payment$312.50
ModeInterest-only
Estimate only. Rates are variable; actual limits depend on lender CLTV policy.
Frequently Asked Questions
Interest-only vs amortized HELOC payments
Most HELOCs let you pay interest only during the draw period (typically 10 years), then payments rise in the repayment phase. Amortizing from the start avoids a payment shock later.
How much can I borrow?
Lenders typically cap combined loan-to-value at 80-90%. This calculator uses 85% as a common default — your lender may differ.
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