HELOC Calculator

See how much you can borrow with a Home Equity Line of Credit. Enter your home value, mortgage balance, and lender rate to calculate available equity, credit limit, and monthly interest costs.

01 —INPUTS

HELOC Details

Home Value (CAD)

Mortgage Balance (CAD)

Prime Rate (%)

Lender Spread (%)

Draw Amount (CAD)

02 —RESULTS

HELOC Summary

Available Equity

$180,000

80% LTV

Max HELOC

$90,000

65% LTV limit

Monthly Interest

$135

Effective Rate

3.25%

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