Calculate Your Estimated Borrowing Capacity Using A Home Equity Line of Credit (HELOC)

Depending upon the market value of your home, outstanding mortgage balance, credit history and other factors, you may qualify for a HELOC. Monthly payments on a HELOC are variable as they fluctuate with interest rate changes. Use this calculator to estimate your borrowing capacity on a HELOC. (Subject to underwriting guidelines, including limits on maximum loan to value.)

Assumptions

Current market value of your home ?

An estimate of what your home would sell for today, not what you paid for it.

Outstanding mortgage balance ?

The amount you still owe on your primary mortgage and any other loans secured against the home.

Loan-To-Value (LTV) ?

The maximum share of your home's value a lender will let you borrow against, including your existing mortgage.

Enter your values and select Calculate.

The figure to focus on is the available credit line at your entered LTV — what's left after the lender's loan value is reduced by your outstanding mortgage balance. It is an estimate of borrowing capacity, not an approval; actual offers depend on your credit score, income, and a lender's own underwriting rules.

Two inputs move this result the most: your home's value and the LTV limit you assume. A higher home value or a more generous LTV both expand the loan value the lender is willing to base a line on, while a larger mortgage balance eats directly into what's left over.

This calculator does not account for closing costs, draw or annual fees, variable interest rates, or a lender's specific debt-to-income requirements — all of which can lower what you're actually offered. It also assumes a single, static home value rather than one that may have changed since your last appraisal.

Treat the range shown here as a starting point for a conversation with a few lenders, not a final number. It's worth revisiting this if your home's value shifts meaningfully, if you pay down your mortgage, or if you're comparing offers with different LTV limits — having even a rough estimate in hand puts you ahead of going in with no number at all.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.