Borrow from home equity calculator by Bankrate.com

Home Equity Calculator

Should you borrow from your home equity?

The appeal of home equity borrowing resides in the low interest rates, tax deductibility of interest and growing equity a homeowner builds over time. but home equity also represents a valuable asset and emergency borrowing capacity. Is now the time to borrow your home equity? Does your current situation make home equity a sensible borrowing option or not? How much equity do you have?
(equity = home value - (mortgage balance + other liens or home loans))

Compare Home Equity Rates

30K FICO-based HELOC average
5.21%

About our rates

About this index

Home Equity Averages

Product	Rate	+/-	Last week
$30K HELOC	4.99%		5.00%
$30K home equity loan	6.17%		6.19%
$50K HELOC	4.56%		4.56%
$75K home equity loan	5.94%		5.98%

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