Home Equity Loan Worksheet 1. Calculate Your Home Equity ...
[Pages:1]Home Equity Loan Worksheet
1. Calculate Your Home Equity
$
Estimated Market Value
? $
= $
Remaining Mortgage Debt
Home Equity Step 2, 3
2. Estimate Your Potential Loan
$ Home Equity
.80
Multiply your home equity by 80%, or 0.80
= $ Potential Loan
3. Estimate Your Loan Ceiling
$ Home Equity
.85
Multiply your home equity by 85%, or 0.85
= $ Potential Loan Ceiling
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