🏠 Equity Check

Do You Qualify?

Wells Fargo and other major banks typically limit HELOCs to 80% or 85% of your home's value. Check your LTV now.

Wells Fargo HELOC Calculator

By HELOC Calculator Team | Last Updated: December 14, 2024

Before you apply for a HELOC with Wells Fargo or any lender, you need to know your Loan-to-Value (LTV) ratio. This calculator helps you determine how much equity you can actually access and estimates your monthly payments based on current rates.

Note: This calculator is an independent tool and is not affiliated with Wells Fargo.

Check Eligibility & Payment

You Likely Qualify!

You have $140,000 in available equity.

Max Loan Amount

$140,000

Based on 85% LTV limit

Est. Monthly Payment

$992

Interest Only on full amount

Frequently Asked Questions

What is the maximum LTV for Wells Fargo?

Typically, Wells Fargo and other major banks cap HELOCs at a Combined Loan-to-Value (CLTV) ratio of 80% to 85%. This means your mortgage plus your HELOC limit cannot exceed 85% of your home's appraised value.

Does Wells Fargo offer a fixed-rate option?

Yes, Wells Fargo often offers a "Fixed-Rate Advance" option, allowing you to lock in a fixed interest rate on a portion of your HELOC balance for a specific term, providing protection against rising rates.

Are there annual fees?

Some lenders charge an annual fee (e.g., $50-$75), though it is often waived for the first year or for customers with certain checking accounts. Always check the specific terms of your offer.

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