Free Home Equity Calculator
Calculate your home equity and loan-to-value ratio.
USD
USD
Home Equity
$150,000
Equity Percentage37.5%
Loan-to-Value (LTV)62.5%
Home Equity vs Current Home Value
Home Equity Formula
Equity = Home Value - Mortgage Balance
LTV = Mortgage Balance / Home Value × 100%
You can typically borrow against equity via a HELOC or home equity loan when LTV is below 80%.
Example Calculation
Home worth $400,000 with $250,000 mortgage remaining.
- 01Equity = $400,000 - $250,000 = $150,000
- 02Equity % = $150,000 / $400,000 = 37.5%
- 03LTV = $250,000 / $400,000 = 62.5%
Frequently Asked Questions
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