Home Equity Access
Home Equity Calculator
Calculate how much equity you can access from your home at institutional rates.
Home Equity Analysis
Available Equity
Current Equity
$400,000
Home value - mortgage
Available to Borrow
$240,000
Lesser of LTV room ($240,000) and income limit ($249,415)
Estimated Rate
4.69%
Conventional 5-yr fixed 4.39% (loading today's rate) + 0.30% credit-based spread
Payment on New Money
$1,354
Monthly, 25-yr amortization (est.)
Likely Qualifies
TDS at the income-supported amount: 42.5% (stress-tested at 6.69%, max 44%) - Within guideline
Why Choose Equity Lending?
Our Equity Rate
4.69%
Private Lender Rate
8-15%+
Save thousands with our institutional rates and professional service.
Estimates only. Assumes a refinance of the whole mortgage, qualified at the federal stress-test rate with a 44% TDS limit. Rates are estimated from today's lowest conventional (uninsured) 5-year fixed rate plus a credit-based spread; refinance penalties, legal and appraisal costs are not included.