Home Equity Calculator: Work Out the Numbers First
Money choices feel clearer with numbers in front of you. This calculator turns a few inputs into a simple estimate you can compare and plan around.
What is the Home Equity Calculator?
Equity is simply what your home is worth minus what you still owe, and the loan-to-value ratio shows the mortgage as a share of that value. All figures here are estimates: check current rules and rates before acting on them.
How to use it
- Enter your numbers.
- Check that each figure looks right.
- Click Calculate Home Equity and read the result.
Worked example
A $300,000 home with a $200,000 mortgage has $100,000 of equity and a loan-to-value ratio of 66.67%.
How much equity is in a $300,000 home with a $200,000 mortgage?
Equity is $300,000 minus $200,000, which is $100,000, and the mortgage is 66.67% of the value.
Frequently asked questions
Are these figures exact?
No. They are estimates based on the numbers you enter. Rules, rates, and charges change, so check current rules before making a financial decision.
What should I do with this estimate?
Use it to compare options and plan your next step, then confirm the final figure with the provider, lender, or adviser involved before committing money.