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16

Dynamic Home Equity Calculator

Watching Your Home Equity Grow

Who This Calculator is For: Lenders, mortgage brokers, loan officers
or homeowers who want to see how equity grows over time.

Information Required to Calculate Dynamic Equity
  Current Value of Home 
  Property Rate of Appreciation (Per Year)
  Remaining Balance on Mortgage (e.g. 243500)
  Interest Rate  (e.g. 7.50)
  Enter Either the Remaining Term (in years - e.g. 22.25) OR Your Monthly Principal & Interest Payment ($235.84)
  Sale Costs (Must be entered as a per cent of home's value)
  How Many Years Forward Do You Wish to Project (limit = 30)
  The following prompts need only be filled in if an after-tax analysis is desired
  My tax filing status is:   Single     Married
  Tax Basis in Home
  Capital Gain Tax Rate
  How Many Months Have You Lived in Your Home?

DO NOT USE DOLLAR SIGNS ($), COMMAS (,) PLUS OR MINUS SIGNS ( + / - )
OR PERCENTAGE SIGNS (%) IN ANY INPUT BOXES