Free HELOC and home equity calculators that show the draw-period payment, the bigger repayment-period payment, and how much you can actually borrow. Punch in your numbers, skip the sales pitch, and decide with the real figures in front of you.
Payments, equity, and the honest gap between what you can borrow and what you should.
Interest-only payment during the draw period, then principal plus interest when repayment begins.
Open calculator →How much equity you hold and roughly how much of it a lender will let you borrow at up to 85% CLTV.
Open calculator →Variable line against a fixed lump-sum loan, payments and total interest side by side.
Open calculator →Plan extra payments and see how fast you can clear the line and what the interest costs. Coming soon.
Open calculator →Fixed-rate lump-sum payment, total interest and payoff for a home equity loan. Coming soon.
Open calculator →Compare a cash-out refinance against keeping your current mortgage and a separate line. Coming soon.
Open calculator →A HELOC can feel cheap during the draw period when you owe interest only. Then repayment begins, principal joins the bill, and a variable rate can nudge it higher still. Every tool here runs the same standard formulas a lender uses, so you see both numbers up front. No account, no email harvesting, nothing stored.
Estimate your HELOC payment across the draw and repayment periods, work out how much home equity you have available to borrow, and compare a variable HELOC against a fixed home equity loan. Every tool runs in your browser and stores nothing.
Most home equity lines carry a variable rate tied to the prime rate published by the Federal Reserve, so your payment can change over time. Some lenders offer an option to lock part of the balance at a fixed rate.
No. These are calculators, not applications. Nothing here pulls your credit or contacts a lender. They simply do the math so you can plan before you apply.
No. Everything here is an estimate for planning only, not a loan offer or financial advice. Confirm real terms, fees and rate caps with a qualified lender.