Know where the math breaks before you tap your equity.

Independent calculators and lender-informed guides for HELOCs, cash-out refinances, and home equity loans — so you make the call with the numbers in front of you.

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What a $100k HELOC actually costs
HELOC draw vs. repayment monthly paymentInterest-only draw payment of $623 per month for 10 years, then a jump to $804 per month over the 20-year repayment period — a $181 per month increase.$623/mo$804/mo+$181/moDraw · 10 yrs (interest-only)Repayment · 20 yrs (P&I)
On a $100,000 balance at 7.47%, the interest-only draw runs $623/mo, then repayment jumps to $804/mo — a $181/mo step. Figures from the HELOC payment calculator; your rate is variable.

Why HelocPilot is different

Most HELOC advice comes from lenders who profit from your loan. We don't — so the math stays honest.

  • We're an independent publisher — not a lender, broker, or loan originator. We don't take applications or pull credit.
  • We may earn a commission from partner links, but it never changes our math, our rankings, or our conclusions.
  • Our tools show the numbers; you make the call.

Calculators

How it works

  1. 1

    Understand your options

    HELOC, home equity loan, cash-out refi — how each actually works, in plain English.

  2. 2

    Run your numbers

    Free calculators show your payment, equity, and break-even before you talk to anyone.

  3. 3

    Compare honestly

    See the trade-offs side by side — including when tapping your equity is the wrong move.

  4. 4

    Connect with a lender

    When the math works, take it to a lender you choose and deal with them directly. We never see your application.

What are you trying to do with your equity?

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HELOC Basics

How home equity lines of credit actually work.

Compare

HELOC vs HELOAN vs cash-out refinance, side by side.

Qualify

Credit, CLTV, and income requirements explained.

Rates

What moves HELOC rates and how to read the market.

Uses

Smart and risky ways homeowners use their equity.

States: California

State-by-state HELOC rules and lender notes.

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Independent by design

HelocPilot is a publisher, not a lender or broker. We don’t originate loans and we don’t dress up affiliate offers as advice. Our tools show the math; you make the call.

Alejandro Espinoza, Founder & Editor, HelocPilot

Alex Espinoza

Founder & Editor, HelocPilot

Founder and editor of HelocPilot. Over a decade in consumer lending and financial services, including roughly six to seven years of direct home-equity and mortgage origination.

About the editor →