Legal Disclaimer & Terms
Important Legal Notice
This calculator is for learning only. It's not professional financial advice. Results are estimates. Before making any decisions about home equity loans, talk to a qualified professional like a loan officer, financial advisor, or attorney.
Not Financial Advice
Our numbers are estimates only. Real loan amounts, rates, and payments will be different. Why? Because:
Banks have different lending rules
Your credit score affects rates
Market conditions change interest rates
Fees vary by lender and location
Your home value can change
Loan terms differ by bank
Accuracy Disclaimer
We work hard to make accurate calculations. But we don't promise 100% accuracy. The calculator uses standard formulas. But real loans are more complex. Talk to a loan officer to get exact numbers for your situation.
Use at Your Own Risk
You use our calculator at your own risk. Check your numbers before making decisions. Don't rely only on our calculator. Get professional advice. Talk to:
A loan officer at your bank
A financial advisor or planner
A tax professional or CPA
An attorney if needed
A credit counselor
No Guarantees
We don't guarantee:
The calculator will always work
Results will match your actual loan
Interest rates shown are accurate
Your lender will approve you
You'll get the amount calculated
Terms will be what you expect
Limitations
Our calculator has limits. It doesn't include:
Closing costs and fees
Insurance premiums
Property taxes
Special loan programs
Refinance options
Appraisal requirements
Tax Information
Tax laws are complex. Interest on home equity loans might be tax-deductible if used for home improvements. But maybe not for other uses. Laws change. Talk to a tax professional. We're not tax advisors. Don't use our calculator for tax planning.
No Liability
We're not responsible for:
Mistakes you make using the calculator
Wrong decisions based on results
Money you lose
Loan rejections
Higher rates than expected
Any financial problems
Legal Compliance
This calculator provides general education only. It's not legal advice. We don't provide financial products or services. We don't process loans. We're not a lender. We don't take applications. Contact banks and lenders directly to apply.
Before You Decide
Never apply for a loan based only on our calculator. Always:
Compare multiple lenders
Get written loan quotes
Understand all fees
Read the fine print
Ask questions
Get professional advice
Privacy & Data
Your information is not stored. We don't save your numbers. We don't track your calculations. We don't know who you are. Your privacy is safe.
Questions?
Have questions about this disclaimer? Contact us. Visit our FAQ page for common questions. Read our About page to learn more about our service.