Dicno LabsHome equity
Estimate a fixed home equity loan payment, total interest, and combined loan-to-value.
Free mortgage tool
A home equity loan calculator helps estimate the payment on a fixed loan secured by available home equity. Unlike a HELOC, a home equity loan often provides a lump sum with a fixed repayment schedule.
This page estimates monthly payment, total interest, total repayment, and combined loan-to-value based on the home value, current mortgage balance, and new loan amount.
Use the estimate to compare a home equity loan with a HELOC, cash-out refinance, or other financing option before requesting lender quotes.
This calculator is for educational and planning purposes only. It is not financial advice, a loan approval, a tax bill, or a lender quote.
Calculator
The estimate updates instantly in your browser as you adjust the inputs.
Your input is processed in your browser. Dicno Labs does not upload or store the data you enter in this tool.
Formula
Monthly payment uses the standard fixed-rate amortization formula. Combined LTV is current mortgage balance plus new home equity loan amount divided by home value.
A $50,000 home equity loan at 8.5% for 15 years has an estimated payment around $492. On a $500,000 home with a $300,000 mortgage, combined LTV is 70%.
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Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Home Equity Loan Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
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