Home equity calculator
Your home is probably your biggest asset. See how much equity you've built and how much of it you could tap through a HELOC, cash-out refi, or home equity loan.
$
Use a recent appraisal, AVM estimate, or comp
$
%
HELOCs typically cap at 85%; cash-out refis at 80%
Your equity
$450,000
50.0% of home value · LTV 50.0%
Max combined loan at 85% LTV
$765,000
Available equity to borrow
$315,000
Owed: $450,000Equity: $450,000
Ways to use this equity
- · Cash-out refinance, replace your mortgage with a bigger one and pocket the difference.
- · HELOC, a credit line you draw on as needed, usually variable-rate.
- · Home equity loan, a fixed-rate lump sum, separate from your first mortgage.
- · Bridge loan, short-term financing if you're buying before you sell.
The right product depends on your timeline, rate, and what you need the money for.