HELOC Calculator

A Home Equity Line of Credit (HELOC) is a line of credit that allows you to tap into your home’s equity and borrow against it. This calculator will help you estimate the limit you could be approved for.

Start by entering the value of your home. Next, enter the outstanding balance (what you have left to pay including interest) on your mortgage. Finally, adjust the LTV ratio to see your potential HELOC. The LTV ratio is a percentage, generally 80-90%, that is determined by your lender.

This coach/calculator is for informational purposes only and its use does not guarantee an extension of credit.

Let's create your dream home.

> A HELOC makes it possible! 😍🏡

Repair your roof, add on the extension, remodel your kitchen or invest in solar panels. A HELOC makes updating or repairing your home affordable.

> Hey, what's the difference is between a HELOC and a Home Equity Loan? ❓🤔

With home values higher than ever before, many folks are looking to fund home improvement projects or other expenses by using the equity in their home. Read our HELOC vs Home Equity Loan: Advantages of Cashing Out On Your Home article and decide what's best for you!