How Much Equity Do I Have in My Home?
This tool is designed to assist you in calculating the equity in your home. Upon completing the questions, you will receive an email containing a report.
General Information
Name
*
First Name
Last Name
Email
*
example@example.com
Are you married?
*
Yes
No
Spouse's Name
*
First Name
Last Name
Spouse's Email
example@example.com
In which state is your home located?
*
Is this your primary residence?
*
Yes
No
Do you file your tax return as Single or Married Filing Jointly?
*
Single
Married Filing Jointly
How old are you?
*
How old is your spouse?
*
What is your desired retirement age?
*
What is your spouse's desired retirement age?
*
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Home Equity Questions
What was your initial purchase price?
*
How much have you spent in home improvements?
*
What is the current market value of your home (Your Sales Price)?
*
What is your current mortgage balance?
*
What is the current interest rate on your mortgage?
*
How many years is your mortgage?
*
30 years
15 years
N/A
Other
Do you have a second mortgage on your home (Home Equity Loan or Home Equity Line of Credit?)
*
Yes
No
What is the balance on your second mortgage?
*
Equity = Market Value – Mortgage Balance
Market Valuex6%
Mortgage+second mortgage
comm + mort
Net Proceeds= Market Value – [(Market Value x 6% Commission) + (Mortgage + Second Mortgage)]
Submit
Should be Empty: