Two calculators so far. Both work out their answers in your browser: nothing you enter is sent to this site or saved anywhere.
HELOC payment shock calculator
A home equity line of credit usually costs interest only while you can draw on it. When the draw period ends you have to clear the balance over a fixed number of years, and the monthly payment can rise sharply. This shows what yours becomes, the increase in dollars and percent, and what happens if your rate rises.
Open the payment shock calculator
Home equity and CLTV calculator
How much equity you have, your current loan to value, and what borrowing a given amount would do to your combined loan to value. The limits it illustrates are round numbers used to show the arithmetic, not any lender’s published maximum. Real limits are on the lender pages, each with the source it came from and the date we checked it.