Norwood Home Equity Loan Calculator

Calculate your available home equity in Norwood, NJ. Median home value: $750,000

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Norwood • Bergen County

Median: $750,000 • Tax Rate: 2.32%

Current Home Value

Current Mortgage Balance

Current equity: $450,000 (60.0%)

Desired Loan Amount

Credit Score Range

Estimated rate: 7.50%

Interest Rate (%)

Loan Term (years)

Include property tax estimate (2.32%)

Available Equity

$337,500

Based on 85% LTV limit

For a home in Norwood, Bergen 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 Norwood Home Equity

With a median home value of $750,000 in Norwood, homeowners typically have significant equity available.