See equity position, debt ratios, and borrowing headroom. Test value changes and payoff plans quickly. Plan smarter borrowing decisions with clearer property numbers today.
The calculator uses a three-column layout on large screens, two columns on smaller screens, and one column on mobile.
| Item | Example Value | Meaning |
|---|---|---|
| Home Value | $450,000.00 | Estimated market value of the property. |
| First Mortgage | $260,000.00 | Main outstanding mortgage balance. |
| Second Mortgage | $25,000.00 | Additional secured lien balance. |
| HELOC Balance | $15,000.00 | Current amount used on the line. |
| HELOC Limit | $40,000.00 | Total revolving credit line available. |
| Desired New Loan | $20,000.00 | Planned extra borrowing or cash-out. |
| Current LTV | 57.78% | First mortgage divided by home value. |
| Current CLTV | 66.67% | All outstanding balances divided by home value. |
| Current HCLTV | 72.22% | Balances plus full HELOC limit divided by value. |
| Safe Borrow Amount at 85% CLTV | $82,500.00 | Estimated extra borrowing room at target CLTV. |
| Estimated Payment on New Loan | $182.57 | Monthly payment for a 15-year, 7.25% loan. |
LTV = First Mortgage Balance ÷ Home Value × 100
CLTV = (First Mortgage + Second Mortgage + HELOC Balance) ÷ Home Value × 100
HCLTV = (First Mortgage + Second Mortgage + HELOC Limit) ÷ Home Value × 100
Equity = Home Value − Total Outstanding Debt
Borrowing Room = (Home Value × Target CLTV) − Current Total Debt
Payment = P × r × (1+r)n ÷ ((1+r)n − 1)
P is principal, r is monthly interest rate, and n is total monthly payments.
Enter the latest property value. Use a recent appraisal, lender estimate, or realistic market number.
Add balances for your first mortgage, second mortgage, and any used HELOC amount.
Enter the HELOC limit if you want a more complete HCLTV view.
Add your desired new loan amount and target LTV or CLTV limits.
Press the calculate button to see equity, risk ratios, borrowing room, payment estimate, and the sensitivity graph.
LTV compares your first mortgage balance to the property value. Lower LTV usually means less lender risk and better borrowing flexibility.
LTV uses only the first mortgage. CLTV includes all current secured balances, such as second mortgages and HELOC usage.
HCLTV includes the full HELOC limit, not just the amount currently drawn. Some lenders use this wider exposure measure when reviewing applications.
Yes. When debt stays the same and property value rises, LTV, CLTV, and HCLTV usually fall, improving equity position and borrowing room.
It shows the estimated extra borrowing room before you reach your chosen target CLTV. It is a planning value, not lender approval.
Those inputs estimate the monthly payment for the desired new loan amount. They do not change LTV or CLTV calculations directly.
Yes. It helps you compare current debt ratios, equity, projected post-borrow CLTV, and the effect of value changes before applying.
No. Lenders may use different thresholds, appraisals, fees, reserves, and underwriting rules. Treat this tool as a strong estimate for planning.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.