Is this an appraisal?

No. It is an estimate from public records and the numbers you enter. An appraisal is an opinion of value from a licensed appraiser. Use this to understand your position, then confirm figures with your servicer.

Is anything here shared with my lender?

No. The calculator runs in your browser. Nothing is sent anywhere unless you ask for a copy or a report at the bottom of the page.

How is my loan balance estimated?

From the original loan amount, the start date, and the interest rate, using a standard 30-year amortization. It will not reflect a refinance, a modification, or extra payments. You can change any of the three inputs.

FIRSTAK

Home Equity Estimator

What is your equity, after the costs nobody shows you?

Most equity numbers stop at value minus loan. This one keeps going, line by line, so the number at the bottom is the one you can count on.

Private. Nothing on this page is shared with your lender. Use every slider with no name, no email, and no phone.

Step 1 of 4

Tell us where you are

What would you like to do with the house?

What changed? Pick any that fit.

Have you received anything about the loan in writing?

Property address

Example property. Replace with the address on what you received.

Step 2 of 4

Your numbers

Gross equity

$182,720

Value minus the loan. The number everyone quotes.

Net if you keep it

$173,904

After bringing the loan current.

Net if you sell it

$152,748

After the loan, catch-up, and sale costs.

Each month without a payment moves net equity by about $1,579.

Cost by cost

$29,972

Home value

County appraised value

$312,000

Loan balance today

Estimated from $168,000 at 3.65%, 124 payments in

$129,280

Payments since the last one

Principal and interest, $769 a month, 4 months

$3,074

Late fees

5% of each missed payment, a common note term

$154

Escrow shortage

Taxes and insurance the servicer advanced

$3,088

Servicer and attorney fees

Charged once a loan is referred out

$2,500

Second mortgage or HELOC

Paid before you see a dollar

HOA or other liens

Also paid first

Net if you keep it

$173,904

Only if you sell

Agent commission

DFW average near 5.5%. Set to 0 for a direct sale

$17,160

Title policy and closing

Texas promulgated title rate plus settlement

$3,996

Repairs or buyer credits

What a buyer asks you to fix or credit

Net if you sell it

$152,748

Step 3 of 4

Paths people in your spot usually look at

Catch-up plan

The servicer spreads what is past due over future payments. Needs steady income again.

Loan change

The servicer rewrites the rate or term so the payment fits. A hardship letter starts it.

Family transfer

Keep the house in the family by deed or a transfer-on-death form. Texas offers a free one.

Sell with an agent

Highest price, longest timeline. Commission and repairs come off the top.

Sell direct

Faster close, no commission, no repairs. Usually a lower price. Compare the net, not the price.

Sell to family

A relative buys it and you stay or move on your terms. Needs a lender who allows it.

Each path has its own paperwork and deadlines. The full list, with free county and nonprofit resources, is on our resources page. We are not a lender, not a law firm, and not your servicer.

Step 4 of 4

Want this in writing?

Common questions

Is this an appraisal?: No. It is an estimate from public records and the numbers you enter. An appraisal is an opinion of value from a licensed appraiser. Use this to understand your position, then confirm figures with your servicer.
Is anything here shared with my lender?: No. The calculator runs in your browser. Nothing is sent anywhere unless you ask for a copy or a report at the bottom of the page.
How is my loan balance estimated?: From the original loan amount, the start date, and the interest rate, using a standard 30-year amortization. It will not reflect a refinance, a modification, or extra payments. You can change any of the three inputs.