Essex Fells Home Equity Loan Calculator

Calculate your available home equity in Essex Fells, NJ. Median home value: $1,547,000

🏘️ Select Your City (Optional)

Choose a Northern NJ city to auto-fill median home value and property tax rate

Essex Fells • Essex County

Median: $1,547,000 • Tax Rate: 2.19%

Current Home Value

Current Mortgage Balance

Current equity: $1,247,000 (80.6%)

Desired Loan Amount

Credit Score Range

Estimated rate: 7.50%

Interest Rate (%)

Loan Term (years)

Include property tax estimate (2.19%)

Available Equity

$1,014,950

Based on 85% LTV limit

For a home in Essex Fells, Essex County

Estimated Monthly Payment

$695

Principal & Interest: $695

Loan Amount$75,000

Interest Rate7.50%

Loan Term15 years

Total Interest Paid$50,147

Total Paid$125,147

Payoff DateNovember 2040

Ready to take the next step? Contact Jimmy Joseph MBA at (908) 698-0150

About Essex Fells Home Equity

With a median home value of $1,547,000 in Essex Fells, homeowners typically have significant equity available.