Free · No sign-up · California
Free Home Equity Calculator
See how much equity you have, your loan-to-value, how much you might be able to borrow against, and where your equity could be in 5 and 10 years.
- Equity share of value
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- Combined loan-to-value
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- Could be available to borrow (at max CLTV)
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- Projected equity in 5 years
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- Projected equity in 10 years
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Estimate only. Not a loan offer, commitment, or financial, legal or tax advice. Figures are general and based on the numbers you enter.
Talk to Jay about these numbers
How to use it
- Enter your home's estimated value. Request a free home value if you are not sure.
- Enter your first mortgage balance and any second loan or HELOC.
- Set the maximum combined loan-to-value. 80% is a common guideline, but lenders differ.
- Add your rate, years left and a value-change assumption to see projections.
What the results mean
- Estimated equity: Home value minus everything you owe on it.
- Combined loan-to-value: All loan balances divided by the value. Lower is generally better for borrowing and refinancing.
- Could be available to borrow: Value times the max CLTV, minus current balances. A lender decides the actual amount.
- Projections: Equity grows as you pay down the loan and as value changes. These use your assumptions and are not forecasts.
Frequently asked questions
How do I calculate home equity?
Subtract all loan balances from the current market value. For example, a $900,000 home with $400,000 owed has $500,000 in equity.
How much equity can I borrow?
Many lenders cap combined loans around 80% to 90% of value, depending on the loan type and your credit. Talk to Jay for a lender referral.
Is it better to sell or borrow against equity?
It depends on your goals, costs and plans. Compare this with the seller net sheet, and talk with a financial professional.
How can I find my home's value?
Request a free, personal home value from Jay based on recent nearby sales.
Related free tools
- Refinance CalculatorNew payment, monthly savings, break-even month and total interest.
- Seller Net SheetEstimate what you could walk away with after selling in California.
- Home Value RequestAsk Jay for a free, personal home value for your address.
Talk to Jay
Questions about your numbers? Call or text Jay Romero, Broker (DRE 01343079), with over 25 years in Southern California real estate, at (949) 822-8702. Or use the form above and your numbers come along automatically.
