How Much Home Equity Do I Have on a $400,000 Home?
A $400,000 home with a $300,000 mortgage balance gives you $100,000 in home equity (25% equity).
How to use this tool
- Enter current home value, mortgage balance and heloc/hel ltv limit in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your total home equity and the full breakdown beneath it.
Calculate your total home equity and available HELOC borrowing power on a $400,000 home with $300,000 still owed.
Frequently asked questions
- How much equity can I borrow against?
- Most lenders allow combined loan-to-value (CLTV) of 80–90% when adding a HELOC or home equity loan on top of your first mortgage. Subtract your mortgage balance from that limit to find your available equity.
- What is a HELOC?
- A Home Equity Line of Credit (HELOC) is a revolving credit line secured by your home equity. It works like a credit card with a draw period (usually 10 years) and a repayment period (usually 20 years). Rates are typically variable.