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  • Home Value Estimator

    *Data Provided Courtesy of Zillow.com


    Mortgage Information
    Add Second Mortgage

    *Data Provided Courtesy of Zillow.com

    The current estimate for the value of your home is , $ from last month.

    Based on your mortgage balance(s), we believe that you have $ in equity in your home. Since you purchased your home on , your local market is %, while nationally home values are %.

    Mortgage, forecast and other calculations use numbers from the left hand side bubble. You can edit those assumptions as you see fit.

    Over the . that you owned your home, the national market performed better than your local market for .

    How has your local market performed relative to the national real estate market since you purchased your home? The value of your home and the value of your equity in your home are driven by conditions in your local market.

    Historical local and national home price data provided courtesy of Zillow.com

    Flexibility in deciding when YOU want to sell your home is important. The graph below shows times since you purchased your home when a Home Diversification Agreement would have provided flexibility for you to sell on your terms.

    Home Value Comparison Local vs National Data courtesy of Zillow.com

    When do you think you will sell your house? When your kids grow up, when you retire, when you travel the world? Put in a date in the Home Value Estimator to the left and see where your equity position will be.

    Your forecasted home equity, based on an average 3.6% annual home price growth and the mortgage data provided, is $.

    The above graph allows you to see the potential advantage of a Home Diversification Agreement based on an estimate of your market and the national real estate market. Notice how home values nationally (purple line) increase more in value than your local market (gold line). This is the result of averaging up and down fluctuations in home values over a much larger geographic area than what is represented by your local area alone. The reduction in volatility helps preserve home equity by ensuring your local home market performs at the same rate as the national. At your forecast end date, this could be worth $ to you at sale. The value (or Net Present Value) of this type of contract is $.

    Equity Data provided by Zillow .com
    What is a HDA? How does it work? What does it mean?
    Key messages:
    Swap risk
    Pay mortgage payment
    Low cost
    Assumption
    Mortgage Loan Officer


    Brian D'Amico


    I’m interested in learning more about:

    refinance options
    home diversification