Home Value ($)
Please enter a valid home value.
Outstanding Mortgage ($)
Please enter a valid mortgage balance.
Max LTV Ratio (%)
Typically 80% for home equity loans.
Enter a percentage between 0 and 100.
Interest Rate (%)
Annual interest rate.
Enter a valid interest rate.
Loan Term (years)
Enter a term between 1 and 30 years.
Calculate
Max Loan Amount
$0
Monthly Payment
$0
Total Interest
$0
Formula:
Max Loan = Home Value × LTV% - Mortgage Balance. Monthly payment calculated using standard amortization formula.