Print this screen and use the worksheet below to calculate how much equity you have.

This example shows a loan or line of credit up to 80% of a home's equity, less any existing mortgage.

Complete "Your Worksheet"

  Our Example Your Worksheet
Estimated Market Value of Your Home $300,000 $_________________
  X .80 X .80
  240,000
Less Outstanding Mortgage amount -150,000 - ________________
Total available Home Equity Loan or Line of Credit Limit $ 90,000 $________________**

**Approximate amount available for you to borrow. This is an example only; individual situations may vary; all loans and lines of credit subject to credit approval. Assumes a combined loan to value of 80%; Higher combined loan to value products available for those who qualify. Call us at 401-348-1200 or 1-800-475-2265.