Home Equity Calculators
Put your home’s equity to work for you. Whether you're planning a major purchase, funding education or healthcare expenses, consolidating debt, or investing in home improvements, your home’s equity can be a powerful financial resource. Use our easy-to-use home equity calculators to explore how a loan or line of credit could support your goals and strengthen your financial flexibility.
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The Equity in Your Home
Determine your estimated monthly payments based on your available credit, interest rate, and repayment term. This tool helps you understand the financial commitment involved in accessing your home equity.
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Calculate a Home Equity Loan Payment
Estimate your monthly payments for a home equity loan based on the amount you wish to borrow, interest rate, and loan term. This tool helps you plan your budget and understand the financial commitment involved.
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Use Home Equity for a Major Purchase
If you have a significant purchase this calculator helps you determine how using your home equity can finance major expenses from home renovations to educational costs.
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Consolidating Debt with Home Equity
Simplify your finances by consolidating high-interest debts into a single, manageable payment using your home equity. This tool shows you how a HELOC can streamline your debt repayment.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Apply for a Star Home Equity Line of Credit