Home equity calculator
See how much of your home's value you could borrow against.
Equity is what's left after everything secured against your home. Lenders typically lend against 80% of your home's value, and borrowing against equity turns debt you'd otherwise negotiate into debt secured by your house.
Home equity
Enter your home value, mortgage balance, and any other loans on the home. We'll show your equity and what's typically available.
Most lenders cap combined borrowing near 80% of value, some stretch to 85% ($97,000 here) at a higher rate. Equity isn’t spare money: borrowing against it turns debt you could negotiate into debt secured on your home, and a fall in value raises this ratio without you doing anything.
Estimates only, based on the figures you enter, not an offer of credit. Your actual rate and payment depend on the lender and your circumstances.
Reading your result
| Your result | What it means |
|---|---|
| Your equity | Your home’s value minus what you still owe on loans secured by the home. |
| Combined loan-to-value | The share of your home’s value already tied to loans secured by the home. Lenders use this ratio to help decide how much more you may be able to borrow. |
| Typically available | An estimate of how much equity may be available to borrow against, using an 80% combined loan-to-value limit. |
Most lenders cap combined borrowing near 80% of value, though some go up to 85% at a higher rate. Equity isn't spare cash, borrowing against it turns unsecured debt into debt secured by your home. And a drop in your home's value can raise this ratio without you doing anything at all.