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Free Equity Tool

Home Equity Calculator

Calculate your available home equity and compare HELOC vs home equity loan options for your Bergen County home.

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Understanding Available Equity

Your available home equity is calculated using the CLTV (Combined Loan-to-Value) formula:

Available Cash = (Home Value × Max CLTV%) - Current Mortgage Balance

Example: $750,000 home × 85% CLTV - $300,000 owed = $337,500 available

Get Personalized Rate Quotes

Contact Jimmy Joseph MBA for current HELOC and home equity loan rates tailored to your situation.

NMLS #1577754 | Branch NMLS #2477715