§ Calculator · Loans
Credit line size estimator
What this is
How big a line of credit can you typically get?
HELOC: up to 65% of home value MINUS existing mortgage (total mortgage + HELOC capped at 80% of home value by OSFI). Unsecured LOC: typically 25-50% of gross annual income, depending on credit score.
HELOC available
$107,500
Unsecured LOC
$60,000
Total available
$167,500
Just because you qualify doesn't mean you should max it out. Lenders sell the convenience; the rate is usually prime + 0.5 to prime + 3%.
Disclaimer
Educational, not financial advice. Output is generated by an AI assistant using simplified assumptions. Tax rates, contribution limits, and benefit amounts change annually; confirm with a CFP, CPA, or the relevant Canadian regulator (CRA, FSRA, OSC, IIROC) before acting. Actual approval depends on credit score (680+ typical for HELOC, 720+ for posted unsecured rate), income verification, and debt-service ratios.