The Burren. The Burren is an amazing place. It is a karst limestone region of approximately 300 sq km which lies in the North West corner of Co Clare, in Ireland. It is composed of limestone pavements, which are eroded in a distinctive pattern known as karren.
Home equity is the amount of money you have already paid against the value of your home. A simple formula for determining your home equity is to subtract the amount of the mortgage balance from the current fair market value of your home. In other words, your equity increases as your mortgage balance decreases.
Your home equity rate and payment information will partly be determined by the amount of money you're thinking of borrowing. Our easy-to-use home equity payment calculator can help you estimate what your monthly payment could be. The figures entered on the input page of this calculator are for hypothetical purposes only.