How Much Can You Cash Out?

Calculate Your Home's Equity

What is the value of your home?

$370,000

What is your mortgage balance?

πŸ’‘ TIP: Don't forget to include 2nd mortgage balance

$300,000

Home prices in the United States are at all-time highs. It is uncertain as to whether this will last, but many homeowners are taking action now. With a cash-out refinance, homeowners are using this money to pay down debt, catch up on payments, finally take that much needed vacation, or complete a home improvement project. Many refinance programs still exist to help homeowners, regardless of credit history.