How Much Equity Do I Have in My Home? Simple Calculators to Guide You
Owning a home isn’t just about having a place to live—it’s also one of the biggest financial investments you’ll ever make. Over time, your property builds equity , which can be a powerful resource for refinancing, borrowing, or even investing in more real estate. If you’ve ever asked yourself, “How much equity do I have in my home?” , the answer is just a few clicks away with the right calculators. Tools such as a home equity percentage calculator , home equity value calculator , and even a home equity investment calculator can give you a clear picture of your financial position. What Exactly Is Home Equity? Think of home equity as the portion of your house you truly own. It’s the gap between your home’s current market value and the amount you still owe on your mortgage. For example: Home value: $400,000 Mortgage balance: $250,000 Home equity: $150,000 That $150,000 isn’t just a number—it’s an asset you can put to work for renovations, education, debt consolidation, or growing your re...