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This is a multi-step calculator which helps you determine how much you can borrow, what your monthly payments will be under both amortized and interest-only scenarios, approximates the benefit from tax-deductible interest and compares the after-tax cost of a HELOC loan to a non-deductible personal loan.

Step 1: Determine Your Heloc Loan Amount
Enter the current market value of your home:
Enter the total amount still owed on any mortagages on your home: