Calculator

How Much Equity Do You Have?

Equity is the part of your home you actually own: what it is worth today minus what you still owe. Put in two numbers and see where you stand, then see roughly how much of it you might be able to tap.

What You Know About Your Home

What It Would Sell For Today

Your best read on today's value. A recent appraisal, a sold-comp estimate, or what you would list it for.

Mortgage Balance Left

What you still owe on your main mortgage. Your latest statement has it.

I have a second mortgage, HELOC, or other loan against the homeCheck this only if there is a second loan tied to the house. Most people do not.

Tapping Your Equity

Lenders do not let you borrow against every dollar of equity. They cap how much of your home's value the total loans can reach, called the loan-to-value limit. A common ceiling sits around 80 to 85 percent, but it varies a lot by program, property type, and your credit. This gives you a ballpark, not an approval.

Loan-to-Value Ceiling to Test (%)

The share of your home's value a lender might let your total loans reach. Default is a conservative 80. Try 85 or 90 to see how the ballpark moves. This tool never assumes a rate.

Let's talk about what your equity can actually do.

Whether it is a move, a renovation, paying off higher-cost debt, or just knowing your number, the right path depends on your whole picture. Book a call and we will look at your real options together and make sure it actually fits before you do anything.

Book a Free Strategy Session

Real Estate | Mortgage | Life Insurance | Financial Literacy

Educational tool only. Not financial, lending, real estate, tax, or legal advice. Brian Wittman is licensed in real estate (Real Broker LLC, IL License #475.164962), mortgage origination (NEXA Mortgage, LLC, Company NMLS #1660690; Brian Wittman, MLO NMLS #2646598; AZBK #2006218; Equal Housing Lender; NEXA corporate office: 5559 S Sossaman Rd, Bldg 1, Ste 101, Mesa, AZ 85212), and life insurance (Levinson & Associates). This is not a commitment to lend, and all loans are subject to credit approval. Consult a licensed professional for guidance specific to your situation. Verify mortgage licensing at nmlsconsumeraccess.org. Full disclosures at bluejeanbroker.com/disclosures.