Compare two ways to access equity
Cash-Out Refinance vs. HELOC Calculator
Compare replacing the first mortgage with a cash-out refinance against keeping it and adding a HELOC illustration.
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How to read this estimate
The comparison depends on both loans, not only the rate on new cash. A HELOC may have a variable rate, while a cash-out refinance changes the full first-mortgage balance. Enter terms from current disclosures.
Request a no-credit-pull quoteQuestions about this calculator
Is this cash-out versus heloc calculator a loan quote?
No. It is a planning estimate based only on the information and assumptions you enter.
Will using this calculator affect my credit?
No. The calculator does not request or pull a credit report.
Can a First Equity loan officer review my results?
Yes. Use “Send me these numbers” to securely attach your inputs and results to a follow-up request.