Enter the total equity in the home ($) into the Calculator. The calculator will evaluate the Release Equity. 

Release Equity Formula

RE = TE * .85

Variables:

  • RE is the Release Equity ($)
  • TE is the total equity in the home ($)

To calculate Release Equity, multiply the total home equity by .85.

How to Calculate Release Equity?

The following steps outline how to calculate the Release Equity.

  1. First, determine the total equity in the home ($). 
  2. Next, gather the formula from above = RE = TE * .85.
  3. Finally, calculate the Release Equity.
  4. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

total equity in the home ($) = 50,000