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  Calculators >> Home Equity Borrowing Power
 
 
 
How to Figure Your Borrowing Power
How much can you afford to borrow on a home equity loan? It is really just a matter of estimating your current market value, calculating what portion the lender considers useable equity, and subtracting the current mortgage balance. Enter values for estimated market value and mortgage balance, and let the calculator do the figuring.
Estimated Market Value of Your Home:  
Loan to Equity Ratio: x
80%
Equity Available: =
Current Mortgage Balance: -
=
 

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