Home Equity Access Calculator

1) Current mortgage & property

Estimated/Appraised property value ($)

Use a conservative number if you want a conservative answer.

Current mortgage balance ($)

This is what you owe today (not the original amount).

Current mortgage rate (annual %)

Used to estimate your current payment (if you don’t enter one).

Payment frequency

For Canadian mortgages, this calculator uses semi-annual compounding.

Remaining amortization

Years

Months

Current payment (optional)

If blank, we estimate it using your balance, rate, remaining amortization, and payment frequency.

2) Choose your equity access option

Program / structure (max LTV)

Max loan-to-value (LTV) determines the most you can borrow against the property.

Your max LTV (%)

Enter the lender’s guideline (example: 87.5). This becomes the cap for the calculation.

Access method

“Equity take-out” is modeled like a mortgage increase (similar math to a refi).

How much equity do you want to access? ($)

This is the cash you want in your pocket (or paid out to a spouse, renovations, etc.).

New borrowing rate (annual %)

Used for refinance / equity take-out payment estimates.

3) Estimated costs

Appraisal ($)

Legal / closing ($)

Discharge / admin ($)

Other costs ($)

Roll costs into the new mortgage (when applicable)

Keep remaining amortization

Results

Max mortgage allowed (by LTV)

—

Available equity you can access

—

Item	Before	After
Mortgage balance	$0	$0
Loan-to-value (LTV)	0%	0%
Payment	$0	$0
Total estimated costs	—	$0
Cash to client	—	$0
Cash needed upfront	—	$0

Amortization used: — Access method: —

Planning tool only. Actual lender policy, appraisal outcomes, payout penalties, legal requirements, and underwriting conditions may change results.

Note: Payment estimates use a Canadian mortgage convention (nominal annual rate compounded semi-annually). This tool does not include penalties, taxes, default insurance premiums, or lender-specific fees unless you enter them as “Other costs.”