Home Equity Calculator
See how much equity you have, your loan-to-value ratio and how much you could borrow against it.
Runs 100% in your browser — nothing is uploaded.
Result
Formula
Equity = value − (first + second mortgages). Usable = 80% × value − liens.
About this calculator
The Home Equity Calculator helps homeowners determine the amount of equity they have in their property, their loan-to-value (LTV) ratio, and the portion of equity that may be available to borrow against, typically up to an 80% LTV threshold.
How to use
- 1
Enter your home's current market value in the 'Home value' field.
- 2
Input the outstanding balance of your primary mortgage in 'Mortgage balance'.
- 3
Optionally, add any other liens (e.g., second mortgage or HELOC) in 'Other liens', then click Calculate.
Frequently asked questions
What is home equity?
Home equity is the difference between your home's current market value and the outstanding balances of any loans secured by the property. It represents the portion of the home you own outright.
What is loan-to-value (LTV) ratio?
LTV is a percentage that compares the total amount of liens on your property to its appraised value. It is a key metric lenders use to assess risk; a lower LTV generally means less risk for the lender.
How much of my equity can I borrow?
Lenders often allow you to borrow up to 80% of your home's value, minus any existing liens. This calculator uses that guideline to estimate your usable equity. Actual limits depend on the lender, your credit, and other factors.
Please note: Results are estimates for general information only and are not professional or medical/financial advice.