Home ownership tools
Know your home. Know what comes next.
One ownership toolkit helps you explore
Ownership tools include mortgage prepayment, home equity and amortization calculators.
Four details. One clearer number.
Estimate your real monthly home cost
Free planning calculator
Estimate your home equity position
Estimate home equity, see how much of the home's value is tied to debt and explore how a value change may affect your position.
How it works
Estimate your home equity position
See what may remain after subtracting the mortgage and other debt tied to the home. A secondary property-value check shows only the collateral side before lender qualification.
Financial Consumer Agency of Canada: Borrowing against home equityWhat the estimate considers
- The property value is your estimate, not an appraisal.
- The property-value check uses 80% of entered value less debt already tied to the home.
- Value-change scenarios are hypothetical planning tests, not home-price forecasts.
- Income, credit and lender qualification are not assessed.
Good to know
Clear answers before you use this calculator.
Can home equity be negative?
Yes. If the mortgage, HELOC and other home-secured debt are higher than the entered value, the result clearly shows the difference.
Does this show how much I can borrow?
No. It shows only the property-value side. Actual additional borrowing is limited by both the home's appraised value and lender approval based on income, debts, credit and product rules.