Home Equity Calculator

Find out how much equity you have in your home and how much you may be able to borrow with a HELOC or home equity loan.

Current Home Value ($)

Estimated current market value

Remaining Mortgage Balance ($)

Other Liens ($)

2nd mortgage, HELOCs, etc.

Max LTV Lenders Allow (%)

Most lenders allow up to 80–85%

Your Home Equity
—

Current LTV Ratio

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Available to Borrow

—

Home Value—

Total Debt on Home—

Your Equity—

Equity as % of Home Value—

Max Borrowable (at LTV limit)—

What Is Home Equity?

Home equity is the portion of your home you truly own — the difference between your home's market value and what you still owe on your mortgage. As you pay down your mortgage and as your home appreciates in value, your equity grows.

How to Use Your Home Equity

HELOC (Home Equity Line of Credit): flexible revolving credit line
Home Equity Loan: lump sum at a fixed rate, like a second mortgage
Cash-Out Refinance: replace your mortgage with a larger one and take the difference

What Is Loan-to-Value (LTV)?

LTV is the ratio of your mortgage balance to your home's value. Most lenders require LTV of 80% or less for the best rates. At 85% LTV or below, you can typically access a HELOC or home equity loan.

What Is Home Equity?

How to Use Your Home Equity

What Is Loan-to-Value (LTV)?

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