Finance

HELOC Calculator

Your HELOC limit is home value × CLTV minus the mortgage. See that limit, the interest-only draw payment and the jump when the repayment period begins.

get/api/calc/heloc-calculator

Request

  • Base URL: https://calcbright.com
  • URL: https://calcbright.com/api/calc/heloc-calculator
  • Auth: none declared

Query parameters

homenumber

Home value

mortgagenumber

Mortgage balance owed

cltvnumber

Lender's max CLTV (%) Combined loan-to-value limit – most lenders allow 80%–90%.

drawnumber

Amount you plan to borrow

ratenumber

HELOC interest rate (%) Usually variable: prime rate + a margin.

drawYearsnumber

Draw period (years)

repayYearsnumber

Repayment period (years)

Response

Calculation result

okboolean
toolstring
namestring
urlstring

Open this link to see the full calculation

inputsobject
summarystring

Plain-text answer

detailsstring
resultobject
errorsobject

Changes

No recorded changes to this operation across all 1 revision of this API.