Home Equity Loan Calculator
Calculate available home equity and the maximum you could borrow against it.
Assumptions used in this calculation
- Lender limits: Actual maximum LTV and eligibility depend on the specific lender and borrower credit profile.
About this calculator
Homeowners often underestimate how much borrowing power they've built up simply by paying down a mortgage and watching property values rise, and lenders don't lend against your full equity, they cap borrowing at a maximum combined loan-to-value ratio. This calculator subtracts your outstanding mortgage balance from your home's current value to find total equity, then applies a maximum LTV percentage (typically 80-85% for most lenders) to your home's value and subtracts the existing mortgage again to arrive at the realistic maximum you could borrow through a home equity loan or line of credit. Rather than confusing raw equity with actual borrowing capacity, two figures that are easy to conflate, it separates them so you know what a lender is likely to approve before you apply. Adjust the max LTV input to match a specific lender's published limit for a more accurate, lender-ready estimate.
Worked example
₹80L home value, ₹40L mortgage balance, 80% max LTV
Result: Max loan amount ≈ ₹24,00,000
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