Home Equity Calculator

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, our home equity calculator will give you a good idea of how much cash you might be eligible to borrow at a relatively low cost. By leveraging your home’s equity wisely, you can unlock new opportunities for financial growth.

Estimate your borrowing power with our home equity calculator

To use our home equity calculator, we recommend you have the following items ready:

• Appraised value of home: the value of your home set by a professional appraiser
• Mortgage balance: the amount you still owe on your mortgage
• Second mortgage balance: the amount you owe on any additional loans against your home

Ready to get started? Input your information into our home equity calculator below to receive your personalized projection! Want to learn more? Explore our home equity options or view our current rates.