The Equity in Your Home

See how you can cash in on the value of your house.
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There’s a big payoff for paying down your mortgage

Homeowners often hear the term “equity.” Put simply, it’s the market value of your house minus your mortgage balance. The bigger the difference between those dollar figures, the more you can borrow with a home equity loan or line of credit. When you enter just a few numbers, this calculator will give you a good idea of how much cash you might be eligible to borrow at a relatively low cost.