MAKE YOUR EQUITY PART OF THE CONVERSATION

A different payment.
More possibilities.

Compare replacing your mortgage with keeping it and adding a home equity line of credit. No contact details needed to explore.

YOUR NUMBERS. YOUR OPTIONS.

Explore your next move.

Use your statement's principal-and-interest payment, excluding escrow and mortgage insurance. Existing second loans are not modeled.

Your current home & mortgage

Estimated home value

Current mortgage balance

Current monthly principal & interest

Current interest rate

What would you like to change?

Cash you want to access

Refinance interest rate

New mortgage term (years)

Refinance closing costs

Add refinance closing costs to the new loan

Refinance starting rate: 7.350% · MND purchase-market reference · 2026-10-28. A purchase benchmark is not refinance or cash-out pricing. Enter an individualized refinance estimate; no automatic pricing adjustment is assumed.

Compare a home equity line of credit

HELOC interest rate

HELOC repayment term (years)

HELOC closing costs (paid separately)

10% is an editable illustration, not a current HELOC quote. Assumes the entire cash amount is drawn immediately and its balance stays unchanged during an interest-only draw period. Repayment uses the same rate with no further draws; actual variable rates and payments may rise. Costs are paid separately and excluded from the draw.

Housing costs for both options

Property taxes per year

Homeowners insurance per year

HOA dues per month

Current mortgage insurance per month

New mortgage insurance per month

Let’s go over these numbers.

Send your comparison to our team. We’ll email a copy and discuss your goals, costs and options.

Keep a copy of your comparison.

We’ll email your figures and a private link to review or adjust them.

Compare the full picture.

Educational estimates, not a loan offer, approval, payoff quote or determination of available equity. Rates are not APRs. Actual rates, fees, loan-to-value limits, mortgage insurance, eligible cash proceeds and underwriting requirements vary. A refinance replaces your mortgage; a HELOC adds a lien and payment while keeping the first mortgage. HELOC rates are usually variable. Interest-only payments do not reduce principal; payments may increase during repayment, with a balloon possible under actual terms. Your home secures these loans and can be lost if payments are not made. Extending the term can increase total interest even when the payment falls. Closing costs and prepaids may differ; no tax benefit or debt-consolidation savings is assumed.

The estimated equity shown is home value minus the first-mortgage balance, not an approved borrowing amount. Other liens reduce available equity. No maximum LTV, credit, income, county limit, program eligibility or lender pricing is verified. Enter actual estimated mortgage insurance for each loan; it is not automatically determined for this refinance model. Taxes and insurance are held equal for comparison and may change.

Interest figures compare the current loan's estimated remaining payments with the entire new term. Cash-out adds borrowed principal, so those interest totals are not a like-for-like cost comparison. The simple payment-recovery period appears only without cash-out and when the modeled payment falls; it ignores the time value of money, remaining balances, selling early and changing insurance. Financing costs adds interest. The HELOC repayment illustration excludes draw-period interest, future advances, fees and rate changes; it is not a lifetime cost comparison.