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Home Equity Line of Credit Calculator

Get a Home Equity Line of Credit Calculator branded for your website! Colorful, interactive, simply The Best Financial Calculators!
Use this calculator to determine the amount of the home equity line of credit that you may qualify to receive. The amount is based on a percentage of the appraised value of your home, less the outstanding balance on your first mortgage.

Home Equity Line of Credit Calculator Definitions

Appraised value of your home
The current value of your home as determined by a bank approved appraiser or automated valuation modal.
Outstanding home loans
Total amount of all outstanding home loan balances, including your first mortgage, second mortgage(s), and any other debt that is secured by your home.
Loan-to-value (LTV) ratio limit
The maximum percentage of your home's appraised value that the lender will allow you to borrow against. For example, if the lender has an 80% limit, and the home has an appraised value of $400,000, the applicant could have no more than $320,000 in outstanding home loans.