HELOC Calculator
Calculate how much you can borrow with a Home Equity Line of Credit (HELOC). See your available equity and estimate monthly payments.
Most lenders allow 80-90% combined LTV
Leave blank to see maximum available
Enter your property details to calculate HELOC options
What is a HELOC?
A Home Equity Line of Credit (HELOC) is a revolving credit line secured by your home. You can borrow up to your credit limit, pay it back, and borrow again during the draw period (typically 10 years).
HELOC vs Home Equity Loan?
A HELOC is a line of credit with variable rates—you borrow as needed. A home equity loan is a lump sum with a fixed rate. HELOCs offer flexibility; home equity loans offer predictable payments.
What can I use HELOC funds for?
Common uses include home improvements, debt consolidation, emergency funds, or major expenses. Interest may be tax-deductible if used for home improvements (consult a tax advisor).