Ridgewood Home Equity Loan Calculator

Calculate your available home equity in Ridgewood, NJ. Median home value: $925,000

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Ridgewood • Bergen County

Median: $925,000 • Tax Rate: 2.38%

Current Home Value

Current Mortgage Balance

Current equity: $625,000 (67.6%)

Desired Loan Amount

Credit Score Range

Estimated rate: 7.50%

Interest Rate (%)

Loan Term (years)

Include property tax estimate (2.38%)

Available Equity

$486,250

Based on 85% LTV limit

For a home in Ridgewood, 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 Ridgewood Home Equity

With a median home value of $925,000 in Ridgewood, homeowners typically have significant equity available.