This home equity loan calculator will help you determine whether you qualify for a home equity loan, how much money you might qualify for, and what it may cost you.

Estimate your home equity. Calculate how much home equity you have to see if a HELOC makes sense. Generally, the more equity you have in your home, the better your chances of approval.

For example, if your home is valued at $500,000, and you owe $300,000 on your mortgage, you have $200,000 in home equity. 4. Calculate your home equity percentage ...

How to calculate the equity in your home Step 1: Estimate your home’s value. Calculating equity starts with identifying the property’s market value.

You calculate your home equity by: First, assess the current value of your home. Many real estate websites like Zillow and Redfin estimate current home values based on sales in your area.

How to calculate home equity FAQ. What is a good amount of equity to have in a home? The “right” amount of equity to keep depends on your financial profile and goals.

Use our home equity loan calculator to get a loan estimate and learn if you could be eligible. Enter your home value, mortgage balance and credit score. Last Updated: Mar 2, 2025.

An example: Let’s say your home is worth $200,000 and you still owe $100,000. If you divide 100,000 by 200,000, you get 0.50, which means you have a 50% loan-to-value ratio and 50% equity ...

How to access your home equity. Once you know how to calculate home equity and how much you can borrow, you’ll need to choose between loan types. The options include: ...