Home Equity Calculator
Calculate your equity, LTV ratio, and borrowing power.
Most lenders allow 80–90% CLTV
Equity Visualization
Frequently Asked Questions
What is home equity?▼
Home equity is the difference between your home's current market value and the amount you still owe on your mortgage. Equity = Home Value − Mortgage Balance. It increases as you pay down your mortgage and as your home appreciates in value.
What is LTV (loan-to-value ratio)?▼
LTV is your mortgage balance divided by your home's value, expressed as a percentage. LTV = Loan Balance ÷ Home Value × 100. An LTV of 80% means you owe 80% of the home's value. Lower LTV means more equity and better loan terms.
How much can I borrow against my equity?▼
Most lenders allow a combined loan-to-value (CLTV) of 80–90%. CLTV = (all mortgages + new loan) ÷ home value. If your home is worth $400K and you owe $250K, at 85% CLTV you could borrow up to $90K ($400K × 85% = $340K − $250K = $90K).
What is the difference between a HELOC and a home equity loan?▼
A home equity loan gives you a lump sum at a fixed rate. A HELOC (Home Equity Line of Credit) is a revolving line you draw from as needed, usually at a variable rate. HELOCs are flexible; home equity loans are predictable. Both use your home as collateral.