Home Equity Calculator
Enter your home's current value and mortgage balance to see how much equity you've built, your LTV ratio, and how much you could potentially borrow.
Homeowners currently hold a record $32 trillion in equity — but most don't know exactly how much they own or what they could access.
$299K
average tappable equity for US homeowners
80%
max LTV most lenders allow for HELOC
32%
of US mortgages are fully paid off
Making the most of your home equity
Equity vs net worth
Home equity is your single largest asset in most cases. But it's illiquid — you can't spend it without selling or borrowing against it. Don't confuse a high equity number with financial flexibility.
Using equity wisely
HELOCs and home equity loans typically have lower rates than personal loans or credit cards. They're best used for home improvements (which build more equity) not consumable spending.
The risk of over-leveraging
Borrowing against your home means your home is collateral. If property values drop or income changes, you could face negative equity — owing more than the home is worth.
How home equity and LTV are calculated
Equity = current home value − mortgage balance. LTV (%) = mortgage balance ÷ home value × 100. Max borrowable at 80% LTV = (home value × 0.80) − mortgage balance.
Lenders typically require an appraisal to confirm market value. Your equity on paper may differ from what a lender will use if they appraise conservatively.