Free Tool — WealthFusions

HELOC Eligibility Calculator

Instantly see if you qualify for a Home Equity Line of Credit, how much you can access, and exactly what to do next.

Your Property Details
Home value Market appraisal or BC Assessment
$
Mortgage balance Total amount still owing
$
Other secured debt Any existing HELOC or 2nd mortgage
$
Income & Qualification
Annual gross household income
$
Total monthly debt payments Car, cards, student loan etc.
$
Mortgage rate For payment calculation
%
Amortization remaining
yrs
Property type
Province
Credit score (estimate)
Your LTV & HELOC Availability
Max HELOC available
—
At 80% LTV cap
Max draw limit
—
65% LTV ceiling
Your equity
—
Home value − mortgage
GDS ratio
—
Max allowed: 39%
0%65% (HELOC max draw)80% (HELOC limit)100%
Mortgage Available HELOC zone Your equity
What If Your Home Is Worth More?

BC Assessments lag the market by 12–18 months. Drag the slider to see how a higher appraisal changes your eligibility.

$632,000
$0
Major Bank Eligibility at a Glance
LenderMax LTVHELOC limitYour statusEst. rate
Quick scenarios:
Your Path to Maximum HELOC Access

For educational purposes only. Not financial or mortgage advice. HELOC approval depends on full lender underwriting. Consult a mortgage broker or financial advisor before making decisions.