HELOC / Home Equity

Quick home equity planning tool. Lenders use appraisal value, credit, income, and CLTV limits. Planning tools only. Not a loan offer.

Estimated Home Value ($)

Current Mortgage Balance ($)

Assumed Max CLTV Limit (%)

Desired HELOC Draw ($)

Estimated HELOC Rate (%)

Amortized Term for Estimate (years)

Refinance Options

HELOCs often have interest-only draw periods and variable rates. This payment is a simple amortized estimate. For a real quote: Ask Bill.

Results

Estimated Equity$—

Current LTV (Mortgage / Value)—

Max Total Borrowing Allowed (CLTV Limit)$—

Estimated Available HELOC Line$—

Desired Draw$—

Estimated Payment (amortized)$—