How much home equity can I borrow?

Use our Home Equity Loan Calculator to instantly see the maximum amount you can borrow based on your home value, current mortgage balance, and combined loan-to-value (CLTV).

What is CLTV and why is it important?

CLTV stands for Combined Loan-to-Value. It measures the total loans on your home compared to its market value. Keeping it below 80% helps you avoid over-borrowing and maintain safer lending terms.

Does this calculator work for both USA and UK?

Yes, our tool supports USD and GBP. You can easily switch currencies and calculate home equity loans accurately for both regions.

Can I include closing costs in the calculation?

Absolutely. The calculator includes a field for estimated closing costs and adjusts your net cash received automatically.

Is there an amortization schedule?

Yes, our Home Equity Loan Amortization Calculator displays a scrollable table with monthly or annual breakdowns of principal, interest, and remaining balance.

Home Equity Loan Calculator

Home Value

Current Mortgage Balance

Requested Loan Amount

Interest Rate (%)

Loan Term (Years)

Estimated Closing Costs (%)

Monthly Payment

Equity Available: $0

Max Loan Allowed (80% CLTV): $0

Combined LTV: 0%

⚠ Requested amount exceeds typical 80% CLTV limit

Total Interest: $0

Total Repaid: $0

Closing Costs: $0

Net Cash Received: $0

Note: Property taxes and homeowners insurance are not included and are usually paid with your primary mortgage.

Monthly Annual

Period	Principal	Interest	Balance

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Free Home Equity Loan Calculator: The One and Only Tool You Need

Are you looking to unlock the full potential of your home’s equity? Our Free Home Equity Loan Calculator is the one and only tool you need to quickly estimate your monthly payments, total interest, closing costs, and net cash received. Whether you're in the USA or the UK, this Home Equity Calculator makes understanding your borrowing power simple and accurate.

With this Equity Loan Calculator, you can:

Determine how much home equity you can borrow.
Estimate monthly home equity loan payments.
Visualize your loan’s amortization schedule in a scrollable table.
Compare home equity loan vs HELOC options.
Check your Combined Loan-to-Value (CLTV) to avoid over-borrowing.

Calculate Your Home Equity Loan in Minutes

Using our Calculate Home Equity Loan tool is simple: Enter your home value and current mortgage balance, input your desired loan amount, and add your interest rate. Our Free Home Equity Payment Calculator automatically adjusts calculations if your home value changes, ensuring accuracy and a smooth experience.

Why Use Our Home Equity Loan Calculator?

1. Accurate CLTV Calculation

Our CLTV Calculator (Combined Loan-to-Value) ensures you never exceed the typical 80% borrowing limit. You'll instantly see a warning if your requested loan surpasses safe limits.

2. Amortization Table

Visualize your repayment schedule with our scrollable Home Equity Loan Amortization Calculator. All figures update in real-time for monthly or annual breakdowns.

3. USA and UK Support

Switch between USD and GBP easily. This tool is the best free home equity loan calculator for international borrowers in both regions.

4. Interactive UI

Enjoy slider controls for loan amounts and dynamic charts showing principal vs interest for every input change.

Estimate Your Home Equity Loan Today

Wondering how much you can borrow? Use our home equity loan monthly payment calculator to plan your budget and make smarter decisions. This tool is perfect for homeowners seeking a fixed-rate home equity loan or individuals comparing home equity loan vs HELOC.

Additional Features

Loan-to-Value Calculator: See your CLTV and max loan eligibility.
Closing Costs Calculation: Factor in one-time fees automatically.
Currency Toggle: Switch between pounds or dollars effortlessly.
Interest Estimator: Avoid surprises with total repayment cost insights.

Why Our Home Equity Loan Calculator Stands Out

Unlike other tools, this is the one and only home equity loan calculator online designed for precision. It is built with accurate formulas and a responsive design for desktop, tablet, and mobile users.

Start Calculating Your Home Equity Loan Now

Don’t guess your borrowing power. Use our Home Equity Calculator to estimate options, calculate payments, and compare scenarios for USA or UK currencies. Try it now, it’s the only tool you’ll need!