Cash-Out Refinance Calculator
Explore available home equity, a new payment, and the resulting loan-to-value ratio.
Property and current loan
$
$
Estimate uses 25 years remaining
%
Available equity$200,000
Cash-out details
$
Cash-out rates are typically 0.25–0.75% higher
%
3% of new loan
$
Cash-out summary
Available equity$200,000
Cash-out amount$50,000
New loan amount$350,000
Maximum cash-out by loan type
Conventional 75% LTV$75,000
FHA 80% LTV$100,000
VA 100% LTV$200,000
USDA 100% LTV$200,000
Current payment
$2,120.34
/month
Estimate uses 25 years remaining
New payment
$2,212.24
/month
Monthly payment increase
+$91.90
Total interest on new loan
Over 30 years$446,406
Closing costs$10,500
Total cost of borrowing$456,906
Loan-to-value (LTV)
Current LTV60%
New LTV70%
0%25%50%75%100%
≤60% 61-75% 76-85% >85%
Loan estimates are informational only. Rates, payments, costs, and qualification vary by lender and borrower profile.