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Using 7% HELOC to Pay off a 3% Mortgage?Use this calculator to find out how much money you might be able to borrow with a home equity loan and how much it might cost. Use this calculator to get an idea of whether you can qualify for a home equity loan, how much money you might qualify for and what it may cost you. Try our home equity loan, HELOC, and auto loan calculators to find out how much you can borrow and what your payments could be.