Asked by Steffanie  |  Submitted November 19, 2015

How do I figure out how much equity I have?

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  Answers  |  1

November 19, 2015

Take your remaining loan balance off your most recent mortgage statement and divide it by the value of the property, That will give you the % of equity you have. If you want a $ amount, then take the estimated value of the property and subtract the remaining balance, and you will have your dollar amount.

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