Loan Calculator

Use our Home Equity Loan Calculator to estimate how much equity you may be able to borrow based on your home’s value, current mortgage balance, and lender loan-to-value limits. Quickly calculate monthly payments, total interest costs, and available borrowing power to help you plan home improvements, debt consolidation, or major expenses with confidence.

Home Equity Loan Calculator

Estimate your home equity borrowing power

Calculate available home equity, maximum estimated loan amount, combined loan-to-value ratio, monthly payment, total interest, closing costs, and amortization for a fixed home equity loan.

This tool provides estimates only. Actual home equity loan approval, rates, fees, CLTV limits, credit requirements, and loan terms vary by lender and borrower profile.

Property & Loan Details

Home Equity Position

Current Home Value

Current Mortgage Balance

Lender CLTV Limit

Requested Loan Amount

Fixed Home Equity Loan

Interest Rate (%)

Loan Term

Closing Costs

Origination Fee (%)

Extra Monthly Payment

Loan Purpose

Roll closing costs and origination fee into the loan

Estimated Available Equity to Borrow

Based on your home value, current mortgage balance, and selected lender CLTV limit.

Monthly Payment

Current Equity

New CLTV

Total Interest

Enter your home value, current mortgage balance, and requested loan amount to estimate your equity loan options.

Low CLTV Moderate High Very High

Equity Summary

Loan Cost Summary

Equity Breakdown

Borrowing Guide

A home equity loan is typically a lump-sum second mortgage with fixed payments. This differs from a HELOC, which is usually a revolving line of credit with variable-rate behavior.

Payment	Principal	Interest	Extra	Balance

Year	Principal	Interest	Extra	Ending Balance