Home Equity Calculator

See how much equity you may be able to borrow

 If you’re thinking about using your home’s equity for a home improvement project, debt consolidation, or another major expense, our free Home Equity Calculator can help. Estimate how much equity may be available to borrow, so you can explore your options and plan your next steps.

What you’ll learn 

• Your estimated available equity 
• A starting point for planning a home equity loan or line of credit 

How to use the calculator

1. Enter your home’s estimated value. Use a recent appraisal, market estimate, or your best guess. 
2. Enter your outstanding mortgage balance — the amount you still owe on your home loan. 
3. Review your estimated available equity and use it to plan your next step. 

Tip: This is an estimate of available equity, not a loan offer. Your actual borrowing limit depends on your lender’s terms, your credit, and a current property valuation.