Calculadora de Patrimonio Inmobiliario — Fórmula

Understanding Home Equity

Home equity is the difference between your home's current market value and the amount you still owe on the mortgage. It represents your ownership stake in the property.

Formula

Home Equity = Current Market Value - Mortgage Balance

How Equity Grows

Equity increases in two ways: 1. Principal payments: Each mortgage payment reduces your loan balance, increasing equity 2. Appreciation: As the home value rises, your equity grows automatically

Why Equity Matters

  • You can borrow against equity via a HELOC or home equity loan
  • Equity protects you from being underwater on the mortgage
  • Most lenders require 20% equity to drop private mortgage insurance (PMI)
  • Equity is a major component of household net worth for most Americans

    • Ejemplo Resuelto

    A home worth $450,000 with a $280,000 mortgage balance, $650 monthly principal payments, 3% annual appreciation, projected 5 years ahead.

    1. Current equity: $450,000 - $280,000 = $170,000
    2. Equity percentage: $170,000 / $450,000 = 37.8%
    3. LTV ratio: $280,000 / $450,000 = 62.2%
    4. Future home value: $450,000 x 1.03^5 = $521,468
    5. Future balance: $280,000 - ($650 x 60) = $241,000
    6. Projected equity: $521,468 - $241,000 = $280,468
    7. Equity growth: $280,468 - $170,000 = $110,468