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HELOC Calculator to Calculate Home Equity Line of Credit Availability

Calculator Preferences
Home Equity Line Of Credit Calculator Sign
Home Equity Line Of Credit Calculator

This free to use online calculator will calculate the amount of the Home Equity Line of Credit you may qualify for based on the appraised value of your home, your current outstanding mortgages against the home, and the loan to value (LTV) the lender is willing to extend to you. The Learn tab includes:

  • What is a Home Equity Line of Credit?
  • HELOC vs Home Equity Loan.
  • The Perils of a HELOCs.
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Appraisal:Appraise value:Appraised value of property:Appraised value of property:

Appraised value of property:

Enter the dollar amount of the appraised value of your home (without the dollar sign). The appraised value is how much the house would expect to sell for. If you do not have a recent appraisal, you can estimate the value by seeing how much similar homes are selling for in your area.

Mtgs bal:Mtg balances:Current balance of mortgages:Total current balance of mortgages:

Current balance of mortgages:

Enter the total dollar amount of all current outstanding liens (1st mortgage, 2nd mortgage, home equity loan) against the home. Leave off the dollar sign.

LTV ratio:LTV ratio:Loan to value ratio:Loan to value ratio:

Loan to value ratio:

Enter the loan to value (LTV) ratio the lender is willing to offer you. The LTV is the percentage of the appraised value of the home that the total of all of your loans against the home must not exceed. Enter as a percentage without the percent sign (for 80%, enter 80).

LTV:LTV:LTV of appraised value:Loan-to-Value of appraised value:

LTV of appraised value:

Based on your entries, this is the maximum amount that you can have borrowed against the home at any one time.

Mortgages:Mortgages:Oustanding mortgages:Less outstanding mortgages:

Less outstanding mortgages:

This total of all of your current outstanding mortgages against the home, as entered in top portion of calculator.

HELOC amt:HELOC amount:HELOC you may qualify for:Home equity line of credit you may qualify for:

Home equity line of credit you may qualify for:

Based on your entries, this is how much may be available for a home equity line of credit. The HELOC Calculator arrives at this figure by subtracting the total of all current mortgages against the home from the maximum amount you can borrow against your home. If the amount is zero, this means the amount you owe is greater than the LTV ceiling.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

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Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.



Add or remove this page to/from my favorites.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.