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Home Equity Calculator

Calculate available home equity, loan-to-value ratio, and HELOC borrowing power. Determine equity buildup, borrowing capacity, and refinancing potential.

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Home Details

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$
$
$

Optional: amount you want to borrow

Your Home Equity

Current Equity
$150,000
42.9% of home value
Home Value
$350,000
Total Debt
$200,000
Loan-to-Value
57.1%

Borrowing Potential

Max HELOC (85% LTV)
$97,500
Max Home Equity Loan (80% LTV)
$80,000
0

💡 Recommendations

  • Excellent equity position! You have strong borrowing potential
  • HELOCs typically have variable rates - consider rate risk
  • Home equity loans have fixed rates - more predictable payments
  • Use home equity wisely - your home is collateral
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Understanding Home Equity

Home equity grows as you pay down your mortgage and as your home appreciates. You can borrow against it through HELOCs or home equity loans.

Ways to Build Equity

  • Make regular mortgage payments
  • Make extra principal payments
  • Home improvements that increase value
  • Market appreciation

Smart Uses of Home Equity

  • Home renovations that add value
  • Debt consolidation (high-interest debt)
  • Education expenses
  • Emergency expenses

Frequently Asked Questions

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