HELOC Calculator
Estimate your maximum Home Equity Line of Credit based on your home's value, current mortgage balance, and credit profile.
Estimated HELOC Amount
HELOC (Home Equity Line of Credit) lets you borrow against the equity in your home.
Available Equity = (Home Value × LTV Limit) - Mortgage Balance
Most lenders allow a Combined Loan-to-Value (CLTV) ratio of up to 80-90%, depending on your credit score:
- Excellent (740+): Up to 90% CLTV
- Good (700-739): Up to 85% CLTV
- Fair (660-699): Up to 80% CLTV
- Below 660: May not qualify
Example: Home worth $400,000 with $250,000 mortgage and good credit:
($400,000 × 85%) - $250,000 = $90,000 max HELOC
Note: Actual approval depends on income, debt-to-income ratio, and lender requirements.