● 2026 Home Equity Underwriting Standards
HELOC & Home Equity Line of Credit Calculator
Calculate your borrowing capacity under standard 80% to 85% Combined Loan-to-Value (CLTV) limits. Model interest-only draw payments versus fully amortizing 20-year repayment payments.
Baseline HELOC Scenario ($500,000 Home Value, $280,000 First Mortgage)
Total Home Equity
$220,000
44% current equity ratio
85% Max CLTV Cap
$425,000
Max allowable total debt
Max HELOC Credit Line
$145,000
Available revolving limit
Interest-Only Draw Payment
$604/mo
On $80,000 drawn @ 9.0% APR