Free HELOC calculator

HELOC Amount Calculator

Your maximum HELOC is set by three numbers: your home’s value, your remaining mortgage balance, and your lender’s CLTV cap. Enter all three to see the credit line you could qualify for.

Your numbers

Results update as you type. Nothing is saved or sent anywhere.

$
$

What you still owe on your existing mortgage.

%

Most lenders cap combined loan-to-value at 80–85%.

Your result

Estimates only, for education — not financial advice. Most HELOC rates are variable and payments will change if your rate changes. Verify figures with your lender.

The max-line formula

Max credit line = (home value × CLTV limit) − mortgage balance. On a $450,000 home with a $285,000 mortgage and an 85% CLTV cap: ($450,000 × 0.85) − $285,000 = $97,500.

What if the answer is zero?

A zero (or negative) result means your mortgage already uses up the lendable value at that CLTV cap — common when you recently bought with a small down payment. Options: wait for appreciation or pay down principal, or look for a lender allowing a higher CLTV (usually at a higher rate).

This is the ceiling, not the approval

The formula gives the maximum the math allows. Actual approval also weighs your credit score (usually 680+), debt-to-income ratio, income documentation, and an appraisal of your home. See HELOC requirements for the full checklist — and run the full HELOC calculator to see what that line would cost you.

Want the full picture — credit line, both payment phases, and total cost?

Try the full HELOC calculator

Frequently asked questions

What CLTV do most lenders allow on a HELOC?

Most cap combined loan-to-value at 80–85% of the home’s appraised value. A few go to 90% for strong borrowers, usually with a higher rate.

Do I have to draw the full credit line at once?

No — that’s the point of a HELOC. The line is a limit, not a loan: you draw what you need, when you need it, and pay interest only on the drawn amount.

Will applying for a HELOC affect my credit?

The application triggers a hard inquiry (a small, temporary dip). How you use the line matters more: high utilization of the credit line can weigh on your score.

Can I increase my HELOC limit later?

Sometimes — if your home appreciates or you pay down the mortgage, you can ask for a limit increase, which usually means a new appraisal and underwriting.

Does available equity equal my credit line?

Not quite. Available equity is home value minus mortgage ($165,000 in the example). The credit line is further limited by the CLTV cap — here, $97,500 of that equity is actually borrowable.