How Much Equity Do You Really Have in Your Home?

Your home’s equity can be a powerful financial tool—but how do you know how much you really have? Here’s how Omaha homeowners can estimate it.

How to Calculate Equity

Home Value – Mortgage Balance = Equity

(Example: $350,000 home – $230,000 mortgage = $120,000 equity)

Ways to Access It

  • Sell your home

  • HELOC (Home Equity Line of Credit)

  • Cash-out refinance

Why It Matters

  • Fund your next home purchase

  • Make smart renovations

  • Consolidate debt or invest wisely

Conclusion:

Knowing your equity helps you plan your next move with clarity.

Want a custom home value estimate? Let us run a free market analysis.

Next
Next

Selling Your Home in the Fall? Here’s What to Know