Calculator
HELOC Calculator
Calculate your available Home Equity Line of Credit and monthly interest-only payment based on Canada's 65% standalone / 80% combined LTV rules.
$600,000
$200,000$2,000,000
$300,000
$0$1,500,000
$50,000
$5,000$180,000
7.2%
4%15%
Max HELOC Available
$180,000.00
Based on 80% combined LTV rule
Home Equity
$300,000.00
50.0% of home value
Monthly Interest-Only Payment
$300.00
On $50,000.00 drawn
Combined LTV After Draw
58.3%
✓ Within limit
Canadian HELOC Rules: Standalone HELOC max is 65% LTV. Combined mortgage + HELOC cannot exceed 80% LTV. Variable rate typically prime + 0.50%–1.00%.