Balances on home equity lines of credit were $458.5 billion at the end of June 2026, up from $446 billion in the first quarter and $433.6 billion at the end of 2025. Total household debt was roughly flat over the same quarter, at $18.77 trillion.
Borrowers had $607 billion of unused HELOC credit on top of the balance, for total limits of $1.066 trillion. The balance bottomed at about $317 billion in late 2021 and early 2022 and has risen every quarter since the first quarter of 2022.
0.99% of HELOC balances were 90 or more days delinquent in the second quarter, up from 0.85% a year earlier.
Home equity lines, balance and limits
| Quarter | Balance | Unused credit | Total limit | Balance 90+ days late |
|---|---|---|---|---|
| Q1 2003 | $242.0 billion | $240 billion | $0.482 trillion | 0.35% |
| Q1 2009 | $714.0 billion | $636 billion | $1.350 trillion | 3.77% |
| Q4 2019 | $390.0 billion | $523 billion | $0.913 trillion | 0.84% |
| Q3 2021 | $317.0 billion | $520 billion | $0.837 trillion | 1.00% |
| Q2 2025 | $411.0 billion | $590 billion | $1.001 trillion | 0.85% |
| Q4 2025 | $433.6 billion | $600 billion | $1.034 trillion | 0.82% |
| Q1 2026 | $446.0 billion | $602 billion | $1.048 trillion | 0.95% |
| Q2 2026 | $458.5 billion | $607 billion | $1.066 trillion | 0.99% |
The balance column is from the report’s debt composition table (page 3). The unused credit and limit columns are from page 10, which rounds the balance to $459 billion. Both versions are in the CSV, with every quarter from Q1 2003.
What this counts
The New York Fed calls this category home equity revolving. It covers lines of credit secured by a home, not closed-end home equity loans, which the report counts with mortgages.
Source
New York Fed Quarterly Report on Household Debt and Credit, 2026 Q2 (released August 2026), from the New York Fed Consumer Credit Panel / Equifax, underlying data pages 3, 10 and 12. We pulled the workbook on October 12, 2026.
© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org.
The New York Fed does not endorse this page, My Credit Guide, or any use of these figures. We have not changed the source figures. Anything labelled as a rank, a change, or a comparison is our calculation.
Our table is available under CC BY 4.0. Credit "My Credit Guide (mycreditguide.org)".
Steven Reynolds, "Home Equity Line of Credit Balances," My Credit Guide, October 12, 2026, https://mycreditguide.org/data/home-equity-lines-of-credit/.