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Personal Finance/Home Equity Loan Calculator

Home Equity Loan Calculator

Calculate your home equity, max borrowable amount, and monthly payments for HELOC or equity loans.

LTVEquity estimateHELOC paymentsRate compare2026 rates
$
$
Most lenders cap at 80% combined LTV
Your Equity
$200,000
40.0% of value
Max Borrowable
$100,000
at 80% LTV
$985monthly payment · 15-yr at 8.5%
Combined LTV After Borrowing80.0%
Remaining Equity$100,000
Total Interest Paid$77,253
Total Amount Paid$177,253
Home Equity Loan
✅ Fixed rate & payment
✅ Lump sum disbursement
⚠️ Closes after funding
HELOC
✅ Draw as needed
⚠️ Variable interest rate
✅ Reusable credit line
⚠️ Risk Warning: Your home is collateral. Failure to repay could result in foreclosure. Interest may be tax-deductible only if funds are used to buy, build, or substantially improve the home (TCJA 2017).
Data Source & Legal Disclaimer
Effective: 2026-01-01Last updated: 1 months agoUpdate: Quarterly
Sources: CFPB — Home Equity Loans

Estimates only. Actual rates, terms, and borrowing limits vary by lender, credit score, and market conditions. This is not financial advice — consult a mortgage professional.

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