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.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Apply for a Star Home Equity Line of Credit -
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.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Get started with a Salem Five Loan Officer -
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 Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Apply for a Star Home Equity Line of Credit