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Utah Home Equity Calculator

See how much equity you've built, what your combined loan-to-value looks like today, and how that equity could grow over the next several years.

Use a recent appraisal, agent opinion of value, or comparable sales — not a Zestimate alone.

Include any solar loan, PACE assessment, or judgment lien recorded against the property.

Target combined loan-to-value (CLTV) scenario

Program ceilings differ by lender, credit, occupancy, and product. This is a scenario input, not an offer.

Equity growth assumptions

Utah values can rise or fall. Try a conservative number and a negative number to stress-test.

The principal portion of your payment plus any extra principal you send.

Estimated current equity
$230,000

That is about 41.8% of your estimated home value.

Estimated home value
$550,000
Total property debt
$320,000
Combined loan-to-value (CLTV)
58.2%
Equity position
41.8%
Estimated equity
$230,000

Potential accessible equity

Modeled at a 85% combined loan-to-value scenario. Educational only — not a borrowing limit or an approval.

Total debt allowed at 85% CLTV
$467,500
Current property debt
$320,000
Potential equity you could access
$147,500

Equity in 5 years

Projected home value
$637,601
Projected property debt
$287,000
Projected equity
$350,601
Projected equity position
55.0%

Projections use your appreciation assumption. Appreciation is not guaranteed and home values can decline.

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Equity growth over time

The same assumptions applied across common planning horizons, so you can see how principal paydown and value change compound together.

1 year
$253,100
  • Value: $566,500
  • Debt: $313,400
  • Equity position: 44.7%
3 years
$300,800
  • Value: $601,000
  • Debt: $300,200
  • Equity position: 50.0%
5 years
$350,601
  • Value: $637,601
  • Debt: $287,000
  • Equity position: 55.0%
10 years
$485,154
  • Value: $739,154
  • Debt: $254,000
  • Equity position: 65.6%

Ways Utah homeowners use equity

HELOC — keep your first mortgage →Cash-out refinance →Reverse mortgage (age 62+) →HELOC vs. cash-out refinance →Utah HELOC Consumer Guide →Utah Mortgage Calculator →

Home equity questions Utah homeowners ask

How do I calculate the equity in my Utah home?

Home equity is your home's current market value minus everything owed against the property. Subtract your first mortgage balance plus any second mortgage, HELOC, or lien from the estimated value. The result is your equity in dollars; divide it by the value for equity as a percentage.

How much equity can I borrow against in Utah?

Most Utah HELOC and cash-out refinance programs allow total combined borrowing up to roughly 80% to 90% of the home's value, though limits vary by lender, credit profile, occupancy, and program. This calculator lets you model a target combined loan-to-value so you can see the difference between that ceiling and what you owe today.

What is combined loan-to-value (CLTV)?

CLTV is the total of all loans secured by the property divided by the home's value. If a Utah home is worth $500,000 and carries a $300,000 mortgage plus a $50,000 HELOC, the CLTV is 70%. Lenders use CLTV rather than first-mortgage LTV when a second lien exists.

How does home equity grow over time?

Equity grows two ways: the loan balance falls as you make principal payments, and the home value changes with the market. This calculator models both using your own appreciation assumption — appreciation is never guaranteed and Utah markets can decline as well as rise.

Is a HELOC or a cash-out refinance better in Utah?

A HELOC leaves your existing first mortgage rate untouched and provides a revolving line, while a cash-out refinance replaces the first mortgage entirely at today's rate. If your current rate is low, a HELOC often preserves more value; if rates have improved or you want one fixed payment, a cash-out refinance may fit better.

Related Guides, Calculators & Resource Centers

Turn your equity estimate into a plan.

Disclaimer: This calculator is for educational purposes only and does not represent a loan approval, pre-approval, qualification, commitment to lend, guaranteed available equity, guaranteed borrowing capacity, or guaranteed interest rate. Actual terms depend on credit, income, assets, property, occupancy, loan program, market conditions, and underwriting approval. Equity figures depend on an accurate valuation, and available equity products are subject to appraisal and lender guidelines. Please consult a licensed mortgage professional for a personalized review.

Trust, sources, and citation

Last updatedJuly 6, 2026Fresh
Beginner

AI-ready summary

The Utah Home Equity Calculator estimates current home equity by subtracting all property debt from an estimated home value, reports combined loan-to-value, models how much equity may be accessible at a chosen CLTV scenario, and projects equity growth over one to thirty years using user-supplied appreciation and principal-paydown assumptions.

Key topics covered

  • Home equity
  • CLTV
  • LTV
  • HELOC
  • Cash-out refinance
  • Second mortgage
  • Home appreciation
  • Principal reduction
  • Utah home values
  • Reverse mortgage

About this resource

Primary Topic
HELOC
Secondary Topics
Refinance · Reverse Mortgage · Home Buying
Geographic Focus
Utah
Intended Audience
Utah homeowners · Homeowners considering a HELOC · Homeowners considering cash-out refinance
Key Concepts
Home equity · Combined loan-to-value · HELOC · Cash-out refinance · Principal paydown · Appreciation
Last Updated
July 6, 2026
Author
Tres Miller · NMLS #217768

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