To calculate home equity: subtract any outstanding debt on the house from the value of the house. If a house is worth ...

To calculate your home equity, take your home’s appraised value and subtract your mortgage balance: the difference is essentially your equity stake.

Using the equity in your home expands your funding options if you need cash. Learn how to calculate home equity and access it when you need to borrow money.

Below, we'll calculate how much a $200,000 home equity loan costs per month now that rates have been cut. See how low of a home equity loan rate you could secure here.

But how much does a $60,000 home equity loan cost monthly now, in the early weeks of 2025? That's what we'll calculate below. Start by seeing how much home equity you'd be eligible to withdraw here.

Learn how Equivalent Annual Cost (EAC) helps compare asset costs over time. Understand this crucial capital budgeting tool to ...

Here's how to find out how much equity you have in your home – and how much of that equity you can tap with a home equity loan or HELOC.