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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
4.01%
4.04%
15 yr fixed
3.11%
3.18%
5/1 ARM
2.82%
2.88%
View rates in your area:
Product Rate +/- Last week
30K Home Equity Loan
6.10%
6.08%
50K HELOC
4.75%
4.71%
30K HELOC
5.21%
5.21%
View rates in your area:
Product Rate +/- Last week
48 Mo New Car
2.58%
2.58%
48 Mo Used Car
2.70%
2.70%
36 Mo Used Car
2.76%
2.76%
View rates in your area:
Product Yield +/- Last week
6 Mo CD
0.41%
0.41%
1 Yr CD
0.62%
0.62%
5 Yr CD
1.23%
1.23%
Compare rates:
Product Rate
Low Interest Cards 10.93%
Balance Transfer Cards 16.00%
All Variable 15.25%
Compare rates:  
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