Loan Amount Calculator

Your loan amount range is based on your credit score and combined loan-to-value (CLTV) ratio. CLTV includes your current mortgage balance(s) and potential new loan amount and must be below a certain percentage total of your home′s estimated value. Your credit score range will help determine your maximum CLTV ratio. Discover Home Loans offers loan amounts between $35,000 and $300,000 up to 90% CLTV.

This is not an offer to extend credit or lock in a specific loan amount or otherwise enter into an agreement. Information is based on details that you provide, and it’s possible we may not offer loan programs on those terms. The estimated loan amount ranges disclosed are subject to change before loan approval or may not be available at the time we make a loan commitment to you as an applicant, or at closing, based on market conditions. Terms at loan approval/commitment should be available at closing.

Applicants must meet additional underwriting standards, including income and employment history, assets, and other requirements. 

Enter the total amount of all existing home loan balances on your primary residence (e.g. primary mortgage, home equity loan(s), home equity line(s) of credit, etc.). Round value to the nearest dollar amount. 

Enter the estimated current market value of your home. 

Select the range from the dropdown list that includes your current credit score. Discover Home Loans requires a minimum credit score of 680 to qualify for a home equity loan or mortgage refinance.  

Select the state where your primary residence is located from the dropdown list. Discover Home Loans does not lend in Iowa or Maryland.