Home Equity Loans and Mortgages
Use the following table to help you estimate the equity in your home.
Current Credit Union Rates
Calculate Your Home Equity
Home Equity Payment Comparison
Sample
Your House
Appraised Value
$200,000
$_________
Multiply by 90%
X .90
X .90
Equals
$180,000
$_________
Less Mortgage Balance
$100,000
$_________
Equals Your Equity
$ 80,000
$_________
