Cash-Out Refinance Calculator
Tap into your home equity. See how much cash you can access, what your new payment will be, and how it affects your loan-to-value ratio.
Property & Current Loan
$
$
For current payment estimate
%
Available Equity$200,000
Cash-Out Details
$
Cash-out typically +0.25-0.75%
%
3.0% of new loan
$
Cash-Out Summary
Available Equity$200,000
Cash-Out Amount$50,000
New Loan Amount$350,000
Max Cash-Out by Loan Type
Conventional (75% LTV)$75,000
FHA (80% LTV)$100,000
VA (100% LTV)$200,000
Current Payment
$2,120.34
/month
New Payment
$2,212.24
/month
Monthly Payment Increase
+$91.90
Total Interest (New Loan)
Over 30 years$446,406
Closing Costs$10,500
Total Cost of Borrowing$456,906
Loan-to-Value (LTV)
Current LTV60.0%
New LTV70.0%
0%25%50%75%100%
≤60% 61-75% 76-85% >85%
Estimates are for informational purposes only. Actual rates, payments, and qualification requirements vary by lender, credit profile, and market conditions. Consult a licensed mortgage professional for accurate figures.