Refinance your mortgage to access home equity

Your home equity – your home’s value minus the balance of your mortgage – is available for you to withdraw and invest in a number of ways, including home renovations, additional real estate, post secondary education and much more. You can access up to 80% of your home equity by increasing the value of your mortgage through a refinance.

Maximum refinance calculator Print

Maximum mortgage refinance value

  • What is the current value of your home? $
  • What is the remaining balance on your mortgage? $

    Determining available equity

    • (
    • $52,452

      current home value
    • x
    • 80%

      maximum loan to value ratio
    • )
    • -
    • $5,242,542

      current mortgage
    • =
    • ($5,200,580)

      available equity