Cum se calculează Home Equity
Ce este Home Equity?
Home equity is the portion of your property you truly own — the difference between its current market value and the outstanding mortgage balance. It builds over time as you pay down the loan and as the property appreciates.
Formulă
Equity = Current market value − Outstanding mortgage balance
- E
- Home Equity ($)
- V
- Current Market Value ($)
- M
- Outstanding Mortgage Balance ($)
Ghid pas cu pas
- 1Equity = Home Value − Mortgage Balance
- 2LTV (Loan-to-Value) = Mortgage ÷ Home Value × 100
- 3Borrowable equity is typically capped at 85% LTV
- 4Appreciation increases equity passively over time
Exemple rezolvate
Intrare
Home worth $400,000, mortgage $250,000
Rezultat
$150,000 equity, 62.5% LTV — healthy position
Intrare
Home worth $300,000, mortgage $285,000
Rezultat
$15,000 equity, 95% LTV — limited borrowing power
Întrebări frecvente
How do I build home equity faster?
Make extra principal payments, maintain and improve the property, and wait for appreciation. Each action directly increases your ownership stake.
Can I borrow against my home equity?
Yes, through a home equity loan or HELOC (home equity line of credit), typically up to 85% of your home's value minus the mortgage.
What is LTV and why does it matter?
LTV (Loan-to-Value) is the mortgage as a percentage of home value. Lenders prefer lower LTV because it means you have more equity and are less likely to default.
Ești gata să calculezi? Încercați calculatorul gratuit Home Equity
Încercați singur →