About This Tool

This Home Equity Loan Calculator helps you determine how much you can borrow against your home’s equity and what your monthly payments would be.

How to Use

1. Enter your current home value.

2. Enter your outstanding mortgage balance.

3. Enter the desired loan amount.

4. Enter the interest rate.

5. Enter the loan term in years.

6. Click “Calculate” to see the results.

Key Features (USP)

• Calculates available equity based on 80% LTV ratio.
• Checks if your desired loan amount is within the available equity.
• Provides monthly payment calculations.
• Visualizes the loan breakdown with a pie chart.

Why Use Our Calculator?

Our calculator is easy to use, provides instant results, and helps you make informed decisions about borrowing against your home’s equity.