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HELOC & Cash-Out Calculator
Estimate only. Actual available credit or cash-out depends on credit, income, property and program guidelines.
About this calculator
See roughly how much equity you could borrow against or take out in cash.
If your home has gained value or you have paid down your loan, a home equity line of credit (HELOC), home equity loan or cash-out refinance can turn part of that equity into cash for a renovation, debt payoff, investment or anything else. This calculator estimates how much of that equity you may be able to reach.
Enter your home value, your current mortgage balance, and the maximum combined loan-to-value. Around 80% is common for a HELOC; some cash-out refinances allow more. For a cash-out refinance, add the closing costs you expect to roll in. The result is an estimate; the amount you can actually access depends on your credit, income and the program guidelines.
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