Home equity · Utah & Idaho
Built over time. Ready for a new chapter.
More possibility.Make more of the home you have
A renovation. A new opportunity. A little more room in your plans. Explore your home’s equity while keeping your first mortgage in the picture.
01 Start with what you have
Start with your estimated home value and mortgage balance. Adjust the lending limit to explore a possible line of credit.
The share of your home’s value covered by both loans.
Use your own value estimate. This is not an appraisal. Assumes no other liens; the actual line depends on lender limits and approval.
Estimated available line
—
A starting point for your plans.
02 Put both paths on the table
Compare the initial monthly payments for the cash you need. Your mortgage balance carries over from the estimate above.
Compare a draw with the available line above.
Keep your first + HELOC
Estimated initial monthly payment
—/ mo
Models an interest-only HELOC payment at the rate entered. It does not reduce the HELOC balance. Future rate changes and repayment payments are not modeled.
Cash-out refinance
Estimated monthly principal & interest
—/ mo
Replaces your existing first mortgage and includes the cash entered. Models principal and interest over the selected term, with closing costs excluded.
Enter your details to compare initial payments.
Examples only, not current rate offers or a commitment to lend. Both scenarios exclude taxes, insurance, PMI, and fees. A lower initial payment or blended rate does not establish the lowest total cost; blended rate is not APR.
Review my equity numbers with BrandonFrom equity to a clear next step
We’ll look at the amount you need, the loan you already have, and how the payments fit. Your completed estimates come along with the conversation.
Prefer to talk? (801) 875-9147
Understand it before you use it
What stays, what changes, and what these numbers actually mean.
Ask about your homeNo. The first loan stays. The HELOC is a second lien with its own rate and draw period.
Available equity depends on the lender’s combined loan-to-value limit, your property value, existing balances, credit, and other qualifications. An estimate is a starting point; the approved line may differ.
The HELOC scenario adds the estimated payment on your first mortgage to an interest-only payment on the cash you enter. The refinance scenario calculates principal and interest on one new loan. Both exclude taxes, insurance, PMI, and closing costs. HELOC rate changes and future principal repayment are not modeled, so a lower initial payment is not a total-cost recommendation.