Home Equity Calculator
Calculate your current home equity and see how much you could borrow via HELOC or home equity loan.
Part of our Finance Calculators collection.
Home Equity Calculator
Free online calculator
$
$
Results update automatically as you type
How to Use This Calculator
- 1
Enter all required values.
- 2
See results instantly.
- 3
Adjust inputs to compare scenarios.
How This is Calculated
Equity = Home Value − Mortgage Balance LTV = Mortgage / Home Value × 100 HELOC max = Home Value × 85% − Mortgage Balance
Example Calculation
See live result
Inputs
Result
Enter values above
Results appear instantly as you enter values.
Frequently Asked Questions
How accurate is this calculator?
These are estimates. Actual figures depend on lender requirements, your credit score, and local conditions. Consult a mortgage professional for exact numbers.
Should I get pre-approved?
Yes — getting pre-approved before house hunting shows sellers you're serious and gives you a realistic budget.