Calculate your home equity, loan-to-value ratio, and equity percentage. Understand how much of your home you truly own and how much borrowing power you have.
Home Equity Calculator helps you make informed financial decisions using current rates and proven formulas. Adjust the inputs below to match your situation and see your personalized results update in real time.
Results are estimates only. Not financial advice.
🔒 Financial Disclaimer: These calculations are estimates for informational purposes only. Results are not financial advice. Consult a qualified financial advisor before making major financial decisions.
Calculations based on publicly available data from government agencies. Actual results may vary based on individual circumstances.
30-year fixed-rate mortgages — updated April 2026
| Lender | Rate | APR | Est. Payment | Action |
|---|---|---|---|---|
Community Credit UnionBest Rate | 6.125% | 6.280% | $1,217/mo | |
National Lending Co | 6.250% | 6.410% | $1,231/mo | |
Big Bank Mortgage | 6.375% | 6.520% | $1,247/mo | |
Premier Mortgage | 6.450% | 6.580% | $1,258/mo | |
Digital Home Loans | 6.500% | 6.630% | $1,264/mo |
Rates shown are for illustrative purposes. Actual rates may vary based on credit score, loan amount, down payment, and market conditions. Contact lenders directly for personalized rate quotes.
Home equity is the difference between your home's current market value and the total amount you owe on all mortgages and liens against it. This calculator helps homeowners understand their financial position by computing three key metrics: total equity in dollars, equity as a percentage of home value, and the loan-to-value (LTV) ratio that lenders use to evaluate borrowing risk. Your home equity grows in two ways: as you make mortgage payments that reduce your principal balance, and as your property appreciates in value over time. Equity is important because it determines your ability to borrow against your home through a HELOC or home equity loan, whether you need private mortgage insurance (PMI is typically required when LTV exceeds 80%), and how much cash you would walk away with if you sold. Tracking your equity over time is a key part of personal financial planning. Many homeowners are surprised to learn they have built substantial equity, especially in markets where property values have risen significantly. Use this calculator alongside our mortgage payment and home affordability tools to get a complete picture of your housing finances.
Result: A $400,000 home with a $250,000 mortgage balance yields $150,000 in equity (37.5% ownership). At an 80% LTV threshold, the homeowner has $70,000 in usable equity before reaching the no-PMI boundary.
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Calculate your monthly mortgage payment including principal, interest, taxes, insurance, and PMI. See your full amortization schedule.
Calculate HELOC payments during the draw period and repayment period. See your maximum borrowing power based on home equity and 85% LTV limits.
Calculate how much you need for a down payment on a house. See your loan amount and whether PMI will be required based on your percentage.
See how much you could save by refinancing your mortgage. Compare monthly payments, total interest, and calculate your break-even point.