Cash-out refinance calculator

LendingTree says a common way to estimate cash-out refinance proceeds is to multiply the home value by the program’s maximum LTV ratio and subtract the current mortgage balance, with conventional cash-out refinance often capped around 80% LTV and VA cash-out potentially going higher. Chestnut Mortgage shows the same formula and gives an 80% LTV example where home value × 0.80 minus current balance determines cash available.

Cash-out estimate