Corie Adams
Lending Team
Get Pre-Approved (opens in a new tab)

Investment

Home Equity Calculator

Equity is the part of your home you own outright. It grows two ways: the balance you pay down and the value the market adds. Most homeowners underestimate both.

Knowing the number matters even when you are not borrowing. It tells you when mortgage insurance can come off, what a move-up purchase could look like, and how much of your net worth is sitting in the house.

Your numbers

$430,000
$268,000
$0

Cash-out refinances commonly cap near 80%; some equity lines reach 85 to 90%.

$50,000

Your results

Equity you hold today

$162,000

37.7% of the home's value

Current loan-to-value
62.3%
Borrowing ceiling at your limit
$344,000
Equity available to access
$76,000After the $268,000 already owed
Payment on the amount you would borrow
$426$50,000 at 8.25% over 20 years
Untapped equity that stays yours
$112,000
Mortgage insurance status
Should be removableYou are at or below 80% loan-to-value

What happens if you change this

You hold about $162,000 in equity at a 62.3% loan-to-value. At a 80% limit, roughly $76,000 of that is accessible, and borrowing $50,000 at 8.25% would add about $426 a month for 20 years. Equity is not free money, but it is the least expensive borrowing most households have access to. Reserve it for improvements, higher-rate debt or a move rather than ordinary spending.

Keep these numbers

Your results are yours already. If it helps, send them to yourself, or have Corie look at the same scenario and tell you what she would change.

Ready now? Get Pre-Approved (opens in a new tab)

Related calculators

Keep learning

Questions people ask

How much equity can I borrow against?
Most cash-out refinances stop near 80% of value, and some equity lines reach 85 to 90%. Subtract everything you owe from that ceiling to see what is genuinely available.
How do I know what my home is worth?
Online estimates are a starting point, not an answer. A local agent's comparable analysis is more accurate, and a lender uses a licensed appraisal when the number has to hold up.

Estimates for education only, not a loan approval, rate quote, or commitment to lend. Actual figures depend on credit, property, program guidelines, and market conditions at the time of lock. Corie Adams · NMLS #1875205 · Network Funding, LP · NMLS ID #2297 · Equal Housing Opportunity.

In plain English

It shows how much of your home you truly own, and how much of that a lender would let you use.

When to use it

  • You are planning a renovation and weighing how to pay for it
  • You think you may be past eighty percent and can drop mortgage insurance
  • You are considering a move up and want to know your likely proceeds

Common mistakes

Trusting an online value estimate
Automated values can be off by tens of thousands. A local comparable analysis is far closer.
Treating equity as spending money
It is borrowed against your home, with your home as collateral. Reserve it for improvements, debt at higher rates, or a move.
Forgetting selling costs
Commissions and transfer tax come out of equity before you see proceeds.

Recommended next steps

  1. 01Compare a refinance against a line of credit
  2. 02Talk With Corie

Turn the estimate into real numbers.

A pre-approval replaces the assumptions above with your actual income, credit, and the terms available to you today.

Get Pre-Approved (opens in a new tab)Talk With Corie

Related calculators

Other numbers worth running.

After the math

Where this number leads.