how do you calculate 30% equity in a departure residence

Take your outstanding balance and divide it by the appraised value. Example:. You owe $200,000 and the property is worth $300,000. $200,000 / $300,000 = 0.67, or 67% Loan to Value (LTV) which leaves you with 33% equity. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

You just take the balance and divide it by the value.