Home Equity Calculator
Estimate home equity from property value and remaining mortgage balance.
How this calculator works
How to use this calculator
Enter your current home value and remaining mortgage balance. The calculator estimates home equity and equity percentage.
Formula used
Home Equity = Current Home Value − Mortgage Balance. Equity Percentage = Home Equity ÷ Current Home Value × 100.
Example calculation
If your home is worth $350,000 and your mortgage balance is $220,000, estimated equity is $130,000, or 37.14%.
What the result means
Home equity is the portion of the property value you own after subtracting mortgage debt.
Frequently asked questions
Can equity be negative?
Yes. Negative equity happens when the mortgage balance is higher than the home value.
Does this include selling costs?
No. It does not subtract agent commissions, taxes, fees, or other sale costs.
Is home value the purchase price?
Use the current estimated market value, not necessarily the original purchase price.