See how much of your home you own, how much a lender would likely let you borrow against it with a HELOC or home equity loan, and what the monthly payment would be.
Your home details
$
$
$
A second mortgage or an existing HELOC balance. Leave 0 if none.
LTV (loan-to-value) is all your home loans divided by the home's value. Lenders cap it, so you must keep some equity.
Estimate the monthly payment
$
%
Use the rate your lender quotes for the HELOC or home equity loan.
Equity results
You could borrow up to
What you oweEquity you can borrowEquity you must keep
Home equity
Current LTV
Monthly payment
Total interest
over the whole loan
The payment assumes a fixed rate with equal monthly payments, like a home equity loan. A HELOC usually has a variable rate and lower interest-only payments at first. Lenders also check your credit and income.