Free Home Equity Calculator
Calculate how much equity you have in your home, your loan-to-value ratio, and how much equity may potentially be available for borrowing.
Your Home Equity Details
Your Home Equity Results
Estimated Home Equity
$150,000.00
Home Equity Percentage
37.50%
Combined Loan-to-Value Ratio
62.50%
Total Outstanding Home-Secured Debt
$250,000.00
Maximum Debt at Selected LTV Limit
$320,000.00
Potentially Accessible Equity
$70,000.00
Understanding Home Equity
Home equity is the difference between your home's estimated market value and the outstanding debt secured by the property. As your mortgage balance decreases or your home's value increases, your equity generally grows.
For example, if your home is worth $400,000 and you owe $250,000, you have approximately $150,000 in home equity, representing 37.5% of the home's estimated value.
Frequently Asked Questions
What is loan-to-value ratio? Loan-to-value ratio compares the amount owed against a property's estimated value. A lower ratio generally means more equity.
Can I borrow all my home equity? Usually not. Lenders commonly limit how much of your home's value can be borrowed against. The maximum combined LTV varies by lender and loan program.
Does this calculator guarantee a home equity loan? No. Actual borrowing eligibility depends on credit, income, property appraisal, lender requirements, and other factors.
Educational estimates only. The potentially accessible equity amount is not a loan offer or approval. It excludes closing costs, fees, and lender-specific requirements. Borrowing against your home creates debt secured by your property and may put your home at risk if payments are not made.