how do i calculate home equity

Figuring Your Home Equity. You can also divide home equity by the market value to determine your home equity percentage. In this case, the home equity percentage is 22%, or $55,000 $250,000 = .22. Now, let’s suppose, in addition to your mortgage, you had also taken out a $40,000 home equity loan.

Mortgage Equity Calculator – Work Out Equity in Your Property – You can calculate the equity in your home to see how much of it you own. Use our calculator to work out the equity and then check if you can get a cheaper mortgage or release money from your home. How to use our home equity calculator