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 Rates

About our rates

About this index

Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed	3.89%		3.87%
15 yr fixed	3.21%		3.18%
5/1 ARM	2.87%		2.85%

View rates in your area:

Product	Rate	+/-	Last week
30K HELOC	4.77%		4.80%
30K Home Equity Loan	5.94%		6.00%
50K HELOC	4.32%		4.35%

View rates in your area:

Product	Rate	+/-	Last week
48 Mo New Car	3.62%		3.64%
48 Mo Used Car	4.29%		4.25%
36 Mo Used Car	4.47%		4.89%

View rates in your area:

Product	Yield	+/-	Last week
6 Mo CD	0.47%		0.48%
1 Yr CD	0.75%		0.76%
5 Yr CD	1.54%		1.57%

Compare rates:

Product	Rate
Low Interest Cards	10.78%
Balance Transfer Cards	16.14%
All Variable	14.49%

Compare rates:

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