Home Equity Calculator
How much of your home do you actually own — and how much could you borrow? Enter your value and balances to find your equity and borrowing power.
Compare HELOC and home-equity loan offers
Learn moreEquity vs borrowable equity
Your equity is the home’s value minus what you owe. But lenders won’t let you borrow all of it — they cap your combined loan-to-value, usually around 80–90%, leaving a cushion. The gap between total equity and borrowable equity is that required buffer.
How it’s calculated & sources
Equity = value − mortgage − other liens. Available to borrow = value × max combined LTV − existing balances (floored at zero).
Benchmark: lenders typically cap combined borrowing at 80–90% of value (CLTV), keeping a 10–20% equity cushion.
Results update as you type and are general estimates, not personalized financial, tax, medical or legal advice. Verify with a professional.
Worked example
A $420,000 home with a $280,000 mortgage has $140,000 of equity; at an 85% CLTV you could borrow up to about $77,000 more.
Frequently asked questions
What can I use home equity for?
Anything — common uses are renovations, debt consolidation and big expenses. Because your home is collateral, borrow conservatively.
HELOC or home-equity loan?
A HELOC is a revolving line with a variable rate; a home-equity loan is a fixed lump sum. Choose based on whether you need flexibility or payment certainty.