See how much equity you have — then find out what you'd walk away with if you sold, or how much you could access while keeping your home.
Enter your home's value and mortgage balance to see your equity instantly. No address or email required — just move the numbers.
Here's an estimate of what you'd have in hand after selling — sale price minus your mortgage payout and typical selling costs. In BC, sellers don't pay Property Transfer Tax or GST on a used home.
Want the exact number? These are estimates. I'll prepare a free, no-obligation comparative market analysis (CMA) on your specific home — real comparable sales, a pricing strategy, and your true net proceeds.
Get My Free Home Valuation →Don't want to sell? You may be able to borrow against your equity and keep the home. In Canada, lenders generally allow borrowing up to 80% of your home's value across all mortgages combined.
A stand-alone HELOC is capped at 65% of your home's value. The amount you actually qualify for depends on your income, credit, and lender — so the next step is a quick, no-cost conversation with a mortgage professional.
Talk to a Mortgage Advisor
Cole Jones
Mortgage Advisor — Inlet Mortgage
I work closely with Cole at Inlet Mortgage — a trusted local advisor. He can tell you exactly how much equity you can access, at what rate, and whether a refinance or HELOC fits your situation. No cost, no obligation.
I'll send your numbers to your inbox, plus a quick note on what they mean for your purchase or sale. No obligation.
For educational purposes only. All figures are estimates based on the numbers you enter and general Greater Vancouver / BC assumptions — your actual results will differ. Realtor commission is always negotiable and set in your listing contract. Borrowing figures are illustrative only, are not an offer of credit, and do not constitute mortgage or financial advice; the amount you can borrow is subject to lender qualification. Speak with a REALTOR® for an accurate valuation and a licensed mortgage professional before making any decision.
How do I calculate the equity in my home?
Home equity is your home's current market value minus everything you still owe on your mortgage. The calculator above works it out instantly, then shows two ways to use it — sell and cash out, or borrow against it and keep the home.
How much are Tri-Cities homes worth right now?
As of July 2026, the median detached home is about $1,912,500 in Coquitlam, $1,627,000 in Port Moody, and $1,405,000 in Port Coquitlam, based on recent MLS sold data. Your equity is that value minus your remaining mortgage — many long-time Tri-Cities owners are holding several hundred thousand dollars they've never measured.
How much equity can I take out without selling my home?
In Canada, lenders generally allow borrowing up to about 80% of your home's value across all mortgages combined, so your accessible equity is roughly (home value × 80%) minus your current mortgage balance. A stand-alone HELOC is capped at 65% of value. The exact amount depends on your income, credit, and lender qualification.
Home equity is the share of your home you actually own — its current market value minus the balance left on your mortgage. For most Tri-Cities homeowners who've held their property for several years, that number has grown substantially as values rose and the mortgage came down.
If you sell, you unlock all of that equity at once. Your net proceeds are the sale price minus your mortgage payout, realtor commission (plus GST), and legal fees. In BC, sellers don't pay Property Transfer Tax or GST on the sale of a used home — those are buyer costs. The calculator above estimates what you'd have in hand.
If you'd rather stay, you may be able to borrow against your equity through a refinance or a home equity line of credit (HELOC) and keep the home — and any future appreciation. Canadian lenders generally allow total borrowing up to 80% of the home's value (a stand-alone HELOC is capped at 65%). What you actually qualify for depends on income, credit, and the lender.
Not sure which path is right for you? That's exactly the kind of decision I help Tri-Cities homeowners think through — with real local numbers, and no pressure either way.
| Concept | Rule of Thumb |
|---|---|
| Home equity | Value − mortgage |
| Max borrowing (refi) | 80% of value |
| Max HELOC alone | 65% of value |
| Seller PTT / GST | $0 (used home) |
| Cost | Estimate |
|---|---|
| Commission | 7% / 2.5% + GST |
| Legal / conveyancing | ~$1,350 |
| Mortgage payout | Your balance |
Home equity is your home's current market value minus everything you still owe against it. If your home is worth $1,400,000 and you owe $500,000, your equity is $900,000. The calculator above works this out instantly, then shows you two ways to use it — selling, or borrowing against it while keeping the home.
In Canada, lenders generally let you borrow up to 80% of your home's value across all mortgages combined. So your accessible equity is roughly (home value × 80%) minus your current mortgage balance. On a $1,400,000 home with a $500,000 mortgage, that's about $620,000 you could potentially access through a refinance or HELOC and still own the home. A stand-alone HELOC is capped at 65% of value. The actual amount depends on your income, credit, and lender qualification — talk to a mortgage advisor to confirm.
Your net proceeds are the sale price minus your remaining mortgage balance, realtor commission (plus GST), and legal/conveyancing fees. In BC, sellers do not pay Property Transfer Tax or GST on the sale of a used home. Use "Sell it" mode above for an estimate — and get a CMA of your specific home for an accurate figure.
A common Greater Vancouver structure is 7% on the first $100,000 of the sale price plus 2.5% on the balance, with 5% GST added, split between the listing and buyer's agents. Commission is always negotiable and set in your listing contract — the calculator pre-fills this structure but you can edit the amount.
It depends on your goal. Selling frees up all your equity and ends the mortgage, but you need somewhere to move and you pay selling costs. Borrowing (refinance or HELOC) lets you access cash while keeping the home and any future appreciation — but you take on more debt and higher payments. Many homeowners weigh both. I'm happy to talk it through with real local numbers, and connect you with a trusted mortgage advisor if borrowing makes more sense.
Whether you sell or stay, know your real numbers first — no obligation.
Know every number before you make a move.