Use this calculator to determine the home equity line of credit (HELOC) amount you may qualify for. Most home equity lenders prefer borrowers to maintain at least 20% equity in their home. Meaning all combined loans against the property do not exceed 80% of the property's current value, this is referred to as the Loan to Value Ratio. But available equity is not the be-all and end-all to qualifying. Other factors include your income and debt-to-income ratio or DTI. Your DTI ratio is the amount of your monthly debts divided by your monthly income.
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Citizens FastLine® allows you to easily view a personalized home equity line of credit offer before you apply – with no impact to your credit score. No estimates, this personalized offer includes your rate and line amount.
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† For additional information, please click the † symbols throughout this page to view our home equity line of credit disclosures.
Home Equity Lines of Credit are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960) All loans are subject to approval.
Citizens provides HELOCs in the following states: AL, AR, CT, DC, DE, FL, GA, IA, IL, IN, KY, MA, MD, ME, MI, MN, NC, NE, NH, NJ, NY, OH, OK, PA, RI, SC, SD, TN, VA or VT.
This calculator is intended for informational purposes only and is not intended to provide today's actual rates. Your actual results may vary. Results provided by this calculator are intended for Illustrative purposes only and the accuracy is not guaranteed. This calculator does not assure the availability of or your eligibility for any specific product offered by Citizens or its affiliates, nor does the calculator predict or guarantee the actual rate. You are viewing a third-party created calculator. Citizens assumes no responsibility for, nor does it control, endorse or guarantee any aspect of your use of this calculator.
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