Calculator
Home equity
Equity is what you would keep after paying off the mortgage. What you can borrow against it is a different, smaller number, because lenders cap the combined loan against the property.
OwnedOwed
40%60%
Your equity
$210,000
Loan to value59.6%
Could borrow to 80% LTV$106,000
Could borrow to 90% LTV$158,000
80% combined loan to value is the conventional ceiling for a home equity line or cash-out refinance. Some lenders go to 90%, usually at a higher rate. Borrowing against your home is still debt secured on the roof over your head, and the terms matter more than the headline amount.