Calculate the Equity in Your Home

Thinking about a home equity loan? The first thing you need to know is the amount of equity you have in your home.

The amount of equity available is determined by the loan-to-value ratio of the home and the ratio requirement of the lender. A loan-to-value ratio is calculated by taking total mortgage debt and dividing it by the current, appraised value of the home.

The information provided in these articles is intended for informational purposes only. It is not to be construed as the opinion of Central Bancompany, Inc., and/or its subsidiaries and does not imply endorsement or support of any of the mentioned information, products, services, or providers. All information presented is without any representation, guaranty, or warranty regarding the accuracy, relevance, or completeness of the information.