Home Equity Calculator
See how much of your property’s value you truly own.
Tip: Equity = Market Value − (Mortgage + Liens).
Estimated Home Equity
JMD 0
Total Debt (Mortgage + Liens)
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Equity % of Value
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How to Use the Home Equity Calculator
- Enter your property’s current market value – Type the estimated selling price of your property in JMD.
You can get this from a valuation report, recent sales in your area, or an appraisal. - Enter your outstanding mortgage balance – This is the total you still owe your lender (principal only, not including future interest).
- See your results instantly – The calculator will show your estimated home equity and loan-to-value (LTV) ratio, which lenders use to decide if you can borrow against your equity.
- Copy your results – Click the “Copy Result” button to save your calculation details.
Tip: A lower LTV (e.g., under 80%) usually means better refinancing or equity loan options.
⚠️ Disclaimer
This Home Equity Calculator is provided for informational purposes only. It offers a general estimate of your equity based on the figures you enter.
• Actual home value should be confirmed by a certified valuation or appraisal.
• Mortgage balances should be verified with your lender.
• Lenders may calculate equity and LTV differently, and extra fees or conditions may apply.
This tool is not financial or legal advice. Always consult your bank, mortgage provider, or attorney before making borrowing or refinancing decisions.
