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 Rates
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Overnight Averages
Product Rate +/- Last week
30 yr fixed
5.03%
5.06%
15 yr fixed
4.41%
4.49%
5/1 ARM
4.04%
4.10%
View rates in your area:
Product Rate +/- Last week
30K HELOC
5.27%
5.26%
30K Home Equity Loan
8.23%
8.24%
50K HELOC
4.99%
4.98%
View rates in your area:
Product Rate +/- Last week
48 Mo Used Car
6.97%
6.89%
48 Mo New Car
6.51%
6.56%
36 Mo Used Car
7.27%
6.99%
View rates in your area:
Product Yield +/- Last week
6 Mo CD
1.05%
1.07%
1 Yr CD
1.49%
1.53%
5 Yr CD
2.92%
2.96%
Compare rates:
Product Rate
Low Interest Cards 9.81%
Balance Transfer Cards 14.91%
All Variable 13.63%
Compare rates:  
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