[header] How to access equity in your home [title] Calculate the equity in your home. [step] Equity is the amount of value in your home after you subtract the mortgage from the home's value. For example, your home might be worth $300 , 000 and your mortgage might be $150 , 000. 
This means you have $150 , 000 in home equity. [substeps] You can estimate the value of your home by looking at how much comparable properties have sold for in your area.