Millburn Home Equity Loan Calculator

Calculate your available home equity in Millburn, NJ. Median home value: $1,318,800

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Millburn • Essex County

Median: $1,318,800 • Tax Rate: 2.02%

Current Home Value

Current Mortgage Balance

Current equity: $1,018,800 (77.3%)

Desired Loan Amount

Credit Score Range

Estimated rate: 7.50%

Interest Rate (%)

Loan Term (years)

Include property tax estimate (2.02%)

Available Equity

$820,980

Based on 85% LTV limit

For a home in Millburn, 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 Millburn Home Equity

With a median home value of $1,318,800 in Millburn, homeowners typically have significant equity available.