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How Much Equity Do You Have?
How Much Equity Do You Have?
Learn more about your loan-to-value ratio (LTV) to get a better sense of your home equity options.
Learn more about your loan-to-value ratio (LTV) to get a better sense of your home equity options.
How Much Equity Do You Have?
Learn more about your loan-to-value ratio (LTV) to get a better sense of your home equity options.
How much equity do you have?
Learn more about your loan-to-value ratio (LTV) to get a better sense of your home equity options.
Use Our Calculator Below to Determine Your LTV1
Use Our Calculator Below to Determine Your LTV1
To get started, you’ll need to input information about your current mortgage, including:
Your estimated home value
Your estimated
home value
Balance on any existing home equity line of credit (HELOC)
Balance on any existing
home equity line
of credit (HELOC)
Outstanding mortgage balance
Outstanding
mortgage balance
Any other liens on your home
Any other liens
on your home
This calculator is meant to help you estimate your home equity. Results shown are estimates only. These figures do not constitute a commitment to lend, and may not be reliable in the future.
Ready to Explore Your Home Equity Options?
Ready to Explore Your Home Equity Options?
Get prequalified with no commitments—click below to get started.
Get prequalified with no commitments—click below to get started.
How Could Your Home Equity Work Better for You?
How Could Your Home Equity Work Better for You?
Pay for college expenses.
Pay for college expenses.
Mortgage interest rates can sometimes be lower than those of student loans, making cash-out refinances or home equity loans a potentially more cost-effective way to pay for school.
Pay off higher-interest debt.
Pay off higher-interest debt.
Credit card interest rates tend to be significantly higher than those of mortgages. Home equity can help you strategize the type of debt you have by paying down higher-interest lines of credit or loans.
Pay for personal expenses.
Pay for personal expenses.
Funds secured from your home equity can also be put toward your personal life. From traveling to paying for a wedding or other major event, various home equity options can help you finance your goals.
Finance home renovations.
Finance home renovations.
Taking on home improvement projects can be a great way to spruce up your living space and potentially increase your home’s value. Whether you’re remodeling an existing area or building an addition, tapping into your home equity can help you customize your dream home.
Buy a new home, second home, or investment property.
Buy a new home, second home, or investment property.
Home equity on an existing home can help you put a down payment on a new home, second home, or a real estate investment.
Learn More About How Your Home Equity Could Work for You
Learn More About How Your Home Equity Could Work for You
Home equity can be a powerful tool for homeowners to achieve a wide range of personal and financial goals. Learn more about how your home equity could work for you—you might have more options than you think.
1. Mortgage Insurance. Mortgage Insurance may be required if Loan-to-Value ('LTV') ratio exceeds 80%.
