HELOC Calculator
See how much equity you can access from your home.
Available Equity
$150,000
Estimated HELOC Amount
$70,000
Estimated Monthly Payment (Interest Only)
$496
Based on 8.50% avg HELOC rate
5-Day Close Available
Through Home 1st Lending
What is a HELOC?
A Home Equity Line of Credit (HELOC) lets you borrow against the equity in your home, similar to a credit card with your house as collateral. You only pay interest on what you use, and you can draw funds as needed during the draw period. It is one of the most flexible ways to access cash for renovations, debt consolidation, or major expenses.
How is this different?
Most HELOCs take 30 to 45 days to close. Through Home 1st Lending, qualified borrowers can close in as few as 5 days. That means faster access to your equity with less waiting and fewer surprises.
- ✓ Close in as few as 5 business days
- ✓ Simple, streamlined process
- ✓ Personalized guidance from a real person, not a call center
Dennis Ross | NMLS 2018381 | Home 1st Lending