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Updated date: Tuesday, July 8, 2025 - 19:43

How much can I borrow from my house?

If your lender advances up to 80 percent of the value of your home and the house is worth $300,000, your maximum lendable value is $240,000. If you have a first mortgage with a $200,000 balance, you have $40,000 in equity.

Mortgage Guide

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1	Is it worth paying off your mortgage early?
2	Can I borrow money for a downpayment on a house?
3	Is paying off a mortgage a good idea?
4	Whats better 15 or 30 year mortgage?
5	Can I ask the executor for a copy of the will?
6	Can I borrow money on my house?
7	What happens when you mortgage your house?
8	Can you buy a house with no closing costs?
9	How can I buy a house with no money?
10	Why is adjustable rate mortgage a bad idea?
11	When you pay off your mortgage do you get a deed?