About
The Home Equity Calculator was built because most home equity tools are either lead generation forms (your bank's HELOC calculator exists to sell you their product) or overly simplified single-scenario calculators that don't show you all your options side by side.
This tool is neutral. We don't sell home equity products. We show you how much equity you can access, model all four ways to tap it — HELOC, home equity loan, cash-out refinance, and home equity investment — and give you an honest risk assessment of whether you should tap it at all.
The Equity Calculator shows how much you can access at different CLTV limits with a visual equity breakdown. The Compare Options tab puts HELOC, home equity loan, and cash-out refinance side by side with true costs over your time horizon — including the critical analysis of whether a cash-out refi would cost you your existing low mortgage rate. The HEI Modeler shows what you'd owe to companies like Hometap under different appreciation scenarios. The Use of Funds Analyzer includes home improvement ROI data from the Remodeling Magazine Cost vs Value Report and a debt consolidation break-even calculator. The Risk Assessment scores eight financial factors to give you an honest picture of whether borrowing against your home makes sense in your situation.
This site is supported by Google AdSense advertising and affiliate links to mortgage comparison services. We may earn a commission — at no extra cost to you. We never collect your data or sell your information. All calculations happen in your browser.