Curious about using the equity in your home? Check out if a Home Equity Line of Credit is right for you by using our HELOCÂ MortgageCalculator…
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
Based on your information, you may qualify for up to
$175,000
Based on 90% of your home value minus existing mortgage
Loan Amount
$450,000
Interest Only Period Payment
$185,000
Repayment Period Payment
$175,000
Dollars
Interest Paid
Principal Paid
Ending Balance
Ending Balance:
Interest Paid:
Principal Paid:
Cash Out
$
Remaining Available HELOC
$
Reserve Equity
$
Existing Mortgage
$
Totals:
Loan Amount$
Interest Only Payment
Repayment Period Payment$
Interest Rate%
DisclaimerThe calculations provided are estimates based on the information you've provided and current market rates. Actual HELOC terms, rates, and available amounts may vary based on lender criteria, credit score, and other factors. This calculator is for informational purposes only and does not constitute a loan offer or guarantee of credit.
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