Home Equity Calculator

Borrowing against a home’s value could be a capital idea.

Use our calculator to find out how much equity is in your home

One way to obtain money to pay for home improvements, dream vacations, college costs, medical bills or other big-ticket needs is through a home equity loan. “Equity” is the difference between your remaining mortgage balance and the market value of your home. Generally, the bigger the difference between the two, the more you can borrow. But as you tap into a higher percentage of your home’s equity, the loan interest rate may increase. You can use this calculator to figure out how to hone your home equity loan application.

The online calculator is provided for illustrative purposes only, and the information obtained by using the online calculator is not, and should not be taken as, legal or financial advice to any person or company. Results may vary depending on the accuracy and comprehensiveness of the information you provide while using the online calculator. The online calculator is not substitute for consulting a qualified professional.  Coastal Federal Credit Union accepts no liability for any losses or liabilities allegedly arising from the use of the online calculator by any person or company.

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