New Hampshire Home Equity & HELOC Calculator
Calculate home equity and HELOC payments in New Hampshire. Median home value $430,000, property tax 2.18%. See available equity and monthly payments.
How This Calculator Works
Calculation methodology and assumptions
Home equity calculation for New Hampshire. Equity = home value − mortgage balance. Maximum borrowable = (home value × max LTV%) − mortgage balance. HELOC payment uses standard amortization. Property tax of 2.18% and home insurance of $1,280/yr are ongoing costs to consider. Most lenders require combined LTV ≤ 80-85%.
Key State Information
New Hampshire home equity facts: Median home value $430,000 | Property tax 2.18% | Home insurance $1,280/yr | Closing costs ~3%. No state income tax — HELOC interest deduction is federal only.
Frequently Asked Questions
How much home equity can I borrow in New Hampshire?
Most lenders allow up to 80-85% combined loan-to-value (CLTV). With New Hampshire's median home value of $430,000, a homeowner with 40% equity could borrow up to $86,000-$107,500 via a HELOC.
Is HELOC interest tax deductible in New Hampshire?
HELOC interest is deductible on federal taxes if the funds are used for home improvements (up to $750,000 of acquisition debt). New Hampshire has no state income tax, so the deduction only applies federally.
Related Calculators
More Home Equity & HELOC Calculators
More Calculators for New Hampshire
Explore related financial tools with New Hampshire data