Home Equity Calculator

Calculate your home equity, loan-to-value ratio, and available equity for borrowing or refinancing.

Calculator

Calculator Details

Enter your information to calculate results

Results
$150000
Current Home Equity
37.5% of home value
62.5%
Loan-to-Value Ratio
$70000
Available to Borrow
Monthly Principal Payment:$1062.50
Monthly Interest Payment:$937.50
Future Home Value (5 years):$463710
Future Equity (5 years):$285052

How It Works

Home equity is calculated as:

  • Current home value minus remaining mortgage balance
  • Equity increases through mortgage payments and home appreciation
  • Available borrowing typically limited to 80% loan-to-value ratio

Examples

Example: $400,000 home value, $250,000 mortgage balance

Current equity: $150,000 (37.5%)

Available to borrow: $70,000 (up to 80% LTV)

Compare

Compare home equity loan vs. HELOC vs. cash-out refinance options for accessing your equity.