Available equity
Calculate your equity and explore refinancing options
Original purchase
20.0% — mortgage: 320 000 $
Current value
⚠ Select a market for a custom appreciation rate (4% default)
Capital improvements
No improvements — add your renovations.
10-year equity evolution
4.0%/yr appreciation — refi rate 5%
Refinancing scenarios
| VPR/LTV | New loan | Cash-out | Pmt/mo |
|---|---|---|---|
| 75% | 379 596 $ | +113 081 $ | 2 219 $ |
| 80%typical | 404 902 $ | +138 388 $ | 2 367 $ |
| 85% | 430 208 $ | +163 694 $ | 2 515 $ |
⚠ 85% LTV requires mortgage default insurance (CMHC in Canada, PMI in the US).
What to do with your equity?
🏠 Buy another property
With 138 388 $ as down payment (20%), you can acquire a property up to 691 938 $.
→ Simulate with this amount🔨 Fund renovations
Renovations increase value and rents. Typical ROI: 50–150% for kitchen/bathroom.
💳 Pay off debts
Refinance at 5% to pay off higher-rate debts (cards, LOC). The rate spread determines the gain.
Accessible equity (80% LTV)
138 388 $
Net equity
239 613 $
47.3% of value
Total return
Return on down payment
(appreciation + principal) ÷ down payment
Simulate a purchase
Down payment: 138 388 $
🎯 Recalculate capacity with this equity
Dedicated savings: 138 388 $