Tool
HELOC Calculator
See how much you can borrow against your equity.
A home equity line of credit lets you borrow against your home's value without giving up a low first-mortgage rate. This calculator estimates your available line from your home value and current balance, using the combined loan-to-value limits most lenders apply.
- Estimate your available credit line from value minus what you owe
- See your combined loan-to-value against the typical ~85% cap
- Keep your low first mortgage while tapping equity
Frequently asked
How much can I borrow with a HELOC?
Most lenders allow up to about 85% of your home's value across all liens combined, minus your existing mortgage balance. The calculator estimates your line from your value and current balance.
Is a HELOC better than a cash-out refinance?
If you hold a low first-mortgage rate, usually yes — a HELOC borrows only what you need at a separate rate, while a cash-out refinance resets the rate on your entire balance.