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
4.96%
5.03%
15 yr fixed
4.53%
4.56%
5/1 ARM
4.21%
4.19%
View rates in your area:
Product Rate +/- Last week
30K HELOC
5.29%
5.27%
30K Home Equity Loan
8.36%
8.32%
50K HELOC
5.02%
4.99%
View rates in your area:
Product Rate +/- Last week
48 Mo Used Car
7.02%
7.10%
48 Mo New Car
6.79%
6.80%
36 Mo Used Car
7.15%
7.22%
View rates in your area:
Product Yield +/- Last week
6 Mo CD
1.23%
1.27%
1 Yr CD
1.75%
1.72%
5 Yr CD
2.93%
2.94%
Compare rates:
Product Rate
Low Interest Cards 9.71%
Balance Transfer Cards 14.54%
All Variable 11.68%
Compare rates:  
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