Home Equity Loan Calculator
Estimate how much you can borrow against home equity and calculate a fixed monthly payment. A home equity loan calculator estimates how much you can borrow against your home and what your fixed monthly payment could be. It’s useful for comparing fixed-rate home equity loans versus HELOCs, especially for large one-time expenses.
Inputs
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Results
Estimated max borrowable
$100,000.00
Monthly payment$606.64
Total interest$22,796.56
Payoff dateDec 13, 2035
How to use it
- Enter home value, current mortgage balance, and LTV limit.
- Enter the loan amount you want to borrow (up to the max).
- Choose rate and term to see estimated payment.
- Review total interest and payoff details.
FAQ
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Disclaimer
Estimates only. Loan terms vary and may include fees. Not financial or tax advice.