Run your own numbers
What would a HELOC actually cost?
Two quick estimates: how much equity you could tap, and what the fixed monthly payment looks like. No email wall, no data collected — this math runs entirely in your browser.
Step 1
How much equity is in play?
Estimate uses an illustrative 80% combined loan-to-value cap. Actual maximums vary by state, credit profile, occupancy, and program limits.
Equity you could potentially access
$80,000
Based on 80% of home value minus your balance.
Step 2
What's the monthly payment?
The actual fee (0–4.99% of the initial draw) depends on your state and credit profile. It's deducted from your funded amount, not paid out of pocket.
Estimated fixed monthly payment
$739
- Funded at closing (after fee)
- $72,750
- Origination fee amount
- $2,250
- Total interest over the term
- $57,940
Calculator results are estimates for illustrative and educational purposes only, are not a quote, rate lock, pre-qualification or pre-approval, and accuracy is not guaranteed. Actual rates, payments, fees, and available line amounts vary by scenario, state, and credit profile. Contact Ashland for figures specific to your situation. A home equity line of credit is secured by your home. Program parameters shown on this site — including application and funding timelines, line amounts, terms, fees, and redraw features — reflect the Figure home equity platform as publicly documented, vary by state and credit profile, and are subject to change without notice. Funding in as few as 5 business days assumes closing with a remote online notary and applies to loans that do not require an appraisal; timelines may be longer in counties that require in-person closings or where other conditions apply. Checking rates involves a soft credit inquiry that does not affect your credit score; submitting a full application involves a hard credit inquiry that may affect your credit.
Numbers looking interesting?
Check your actual rate with a soft credit pull — it takes about five minutes and won't touch your score.