Home Equity Calculator

Finance

Calculate home equity. Equity = Current Value - Mortgage Balance.

Formula

Equity = Home Value - Mortgage Balance

500k home, 300k mortgage

Inputs
  • Current Home Value ($): 500000
  • Mortgage Balance ($): 300000

$200k equity (40%)

Frequently asked questions

Use equity?
Can borrow against equity via HELOC or cash-out refinance