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HELOCFacts is not affiliated with or endorsed by Point, Splitero, Hometap, Unlock or Unison. Company names are used only to describe how their contracts are structured.
Fill in every field from your agreement to see an estimate.
Estimate only, assuming your home's value stays where you entered it and the cap compounds monthly. Your HEI company's payoff statement is the real number. Contracts include terms this calculator doesn't model, such as fees, adjustments for improvements or upkeep, and loss sharing.
Want a real comparison? Send your payoff estimate to a licensed loan officer. Not sold to lead marketplaces.
How this estimate works
For the "share of the change" type, the payoff is the amount you received plus the investor's share of the difference between today's value and the starting value. For the "share of total home value" type, it's the investor's share of today's value. If your agreement has a yearly cap, the payoff can't exceed the amount you received grown at that rate, compounded monthly, from the date funded. The estimate uses whichever is lower.
The figures for 12 and 24 months assume the same home value. If your home's value rises, a share-based payoff can grow faster until it reaches the cap. For background, see how HEI payoffs work.
Have your payoff estimate?
A licensed loan officer can compare it with HELOC and home equity loan options, including whether you'd have enough equity after the payoff.
Optional. Not sold to lead marketplaces. No AI sales callers.
Frequently asked questions
Where do I find these numbers?
In your HEI agreement or closing documents. Look for the investment amount, the starting or risk-adjusted value, the investor's percentage and any cap.
Why doesn't the calculator suggest a cap or share?
Terms differ by company and by contract, and some companies don't publish them. Using your own agreement keeps the estimate tied to what you actually signed.
Why compare monthly interest with the payoff's monthly growth?
It's a rough way to see what waiting costs. Interest on a HELOC is only part of the cost; closing costs and the monthly payment matter too.
Questions about your own situation? Contact a licensed loan officer. It's optional, and your information is not sold to lead marketplaces.