smart lending guides for decision making

Comprehensive Lending Guide Bookmark Site

Home Equity Calculators

monthly affordability
Enter the amount you want to pay
per month:
Enter the number of months to repay:

5yr=60 months, 15yr=180 months, 20yr=240months

Enter your home equity loan rate (APR):

Note: your rate may vary depending on credit quality, LTV position and loan amount.

Your Equity Loan Balance: $
Current Prime Rate: 3.25%
Equity Rate Range * LTV Type
(-0.50 to 0.25%)
80% LINE
(0.25 to 1.50%)
90% LINE
(0.00 to 2.50%)
80% LOAN
(2.50 to 3.75%)
90% LOAN
* sample home equity rate ranges: see notes

Other monthly payment calculators:
(links will open new window)

Mortgage required income calculation:

Another mortgage qualifier:

Maximum mortgage calculation:

Your loan amount is subject to debt/income ratios that lenders use to approve borrowing amounts (see debt/income ratios)

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.

Home Equity Application

Calculators - tools