About

Independent by design.

HEI Calculator exists for one reason: home equity investments are hard to compare, and the people selling them are the ones explaining them. We built a neutral place to see what each offer really costs.

Last reviewed September 23, 2026

What we do

We translate every major home equity investment into one comparable number, the effective annual cost of the money, and we explain the product in plain English through our guide and HEI University. The calculator runs entirely in your browser, and it is free.

Who we are

HEI Calculator is built and maintained by a small, independent team.

Cartoon illustration of Kevin
Kevin
Cartoon illustration of Jason
Jason
Cartoon illustration of Mike
Mike

Our sister site

HEI Compare is run by the same team. It lays every provider out side by side, with full reviews and head-to-head comparisons. Both sites use the same provider terms and the same cost model, so the numbers always match.

Independence and disclosure

How we verify provider terms

Every default term in the calculator follows the same rules:

  1. Provider first. We use each provider's own published materials, including its worked examples, before anything else.
  2. Reputable reviews second. Where a provider does not state a term on its own site, we use a recent, reputable review and label that term as coming from a third party.
  3. No guessing. If a provider does not publish a pricing term at all, we do not invent one. We mark that provider as needing your quote.
  4. Dated and linked. Every term is listed with its source links and the date we last verified it, on our provider terms & sources page.
Important: real offers are priced individually and vary by state, property, and underwriting. Our defaults show how each provider's published structure behaves; your written offer is what counts. You can enter its exact terms in the calculator's editor.

Editorial standards

Corrections

If you spot an outdated term, a broken source, or an error, email hello@heicalculator.com. We fix confirmed errors promptly and update the page's review date. Providers are welcome to send current, published terms for us to verify.

Contact

Have an offer, or weighing one? Request a free review. General questions, corrections, and press: hello@heicalculator.com.

See the numbers for yourself.

Every provider, one comparable effective cost, using your home and your assumptions.