Home Equity Loan Calculator

Estimate how much you can borrow using your home’s equity.
Home Equity Loan Calculator

Home Equity Loan Calculator

Estimate how much home equity you may be able to borrow and what the monthly payment could look like.

Home Equity Loan Snapshot

Enter your home value, mortgage balance, desired loan amount, rate, and term to estimate available equity, CLTV, payment, and total interest.

Calculating
Estimated Payment
$0
Monthly principal and interest
Available Equity
$0
Based on max CLTV setting
Combined LTV
0%
Existing mortgage plus equity loan
Total Interest
$0
Estimated over loan term

Home Equity Details

$350,000
$
$220,000
$
80.00%
%
Many lenders cap borrowing based on combined loan-to-value.
$50,000
$

Loan Terms & Costs

8.25%
%
10 years
yrs
$1,000
$
$0
$
Home Equity Loan Balance Over Time

Detailed Results

Current Equity$0
Maximum Borrowing Capacity$0
Requested Loan Amount$0
Monthly Payment$0
Total Interest$0
Total Cost Including Closing Costs$0
Estimated Payoff Time0y 0m

Home Equity Read

Equity & Borrowing Breakdown
Payment Cost Breakdown

Conservative Equity

Lower CLTV and smaller loan amount for a cautious estimate.

Base Case

Uses the current home value, mortgage balance, and requested loan.

Extra Principal

Add extra monthly principal to reduce interest and payoff faster.

solutions

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