Your equity is the part of the home that is truly yours, the value minus what you still owe. See it clearly, and get a rough idea of what you would walk away with if you sold today.
Your home
Everything stays on your device. Nothing is saved or sent.
your best estimate
$
$
HELOC, second mortgage
$
Your home equity
$0
0% of your home is yours
Your equity $0 Still owed $0
If you sold today, roughly
$0
After typical selling costs of about 4.5% to 5.65% of the price (commission, HST on commission, legal). This is an estimate, use the net proceeds calculator for a precise figure.
Home value$0
Mortgage balance$0
Other loans$0
Your equity$0
Equity as a share of value0%
An accurate value needs recent comparable sales or a proper opinion of value, not a guess or an online estimate. I am happy to prepare one for your home, no obligation.
Curious what your home is really worth today? I will pull the recent comparable sales and give you an honest opinion of value, with no obligation to list.
A quick, honest note. This is an educational estimate, not an appraisal or an offer. Your real equity depends on an accurate current value, which needs recent comparable sales, and your exact mortgage payout, including any penalty for breaking early. The "if you sold" figure assumes typical GTA selling costs of roughly 4.5% to 5.65% of the price, actual costs vary. For a precise walk-away number use the net proceeds calculator, and for a real opinion of value on your home, message me.