Home Equity Calculator
Discover how much equity you’ve built in your home and explore your options
Enter Your Home Information
Your Home Equity
Understanding Your Home Equity
Home equity is the difference between your home’s value and what you owe on your mortgage
What is Home Equity?
Home equity represents the portion of your home that you truly own. It increases as you pay down your mortgage and as your home’s value appreciates over time.
How to Use Your Equity
Access your equity through cash-out refinancing, home equity loans, or HELOCs for home improvements, debt consolidation, or major purchases.
Building Equity Faster
Make extra principal payments, improve your home’s value through renovations, or consider bi-weekly mortgage payments to build equity more quickly.
Equity Loan Options
Most lenders allow you to borrow up to 80-90% of your home’s value. Compare rates and terms for cash-out refinancing, HELOCs, and home equity loans.
Ready to Explore Your Options?
Use our other calculators to see how much house you can afford or if refinancing makes sense