Free tool · Texas & Oklahoma
Your equity, from your numbers.
No automatic estimate of what your house is worth. You bring the numbers you already know, we do the math you can check, and the one assumption on the page is the one you set yourself.
No automatic estimate of what your house is worth. You bring the numbers you already know, we do the math you can check, and the one assumption on the page is the one you set yourself.
Fill in what you know. Everything on the right is computed from those figures plus the current value you choose to assume, which starts at exactly what you paid because that is the only value anyone can verify.
$93,000
At an assumed value of $325,000, against a $232,000 balance.
Exact amortization math on the rate, balance, and payment you entered. It does not know about extra principal you send.
Tax and insurance are estimated against the value you assumed, so they move when you move the slider. Maintenance, utilities, mortgage insurance, and any MUD or PID assessment are not included.
Every figure here is arithmetic on what you entered, except the value change, which is the assumption you set. We are not telling you what your home is worth. Property tax and insurance are estimates from published 2025 county rates and state insurance averages. This is not an appraisal, a net sheet, or an opinion of value.
Tax tables · 2025 ratesBuying instead of holding? Run the payment in the free mortgage calculator. Want the tax detail for your county? See property tax by county, or go straight to Collin County County.
Every other equity tool opens by telling you what your house is worth. We will not, and the reason is specific rather than modest.
Because the data an automated model needs is not public in Texas. Texas is a non-disclosure state: sale prices are not filed in the public record. A model working from public data does not know what the house across the street actually closed at, so it is reasoning from tax rolls, listing history, and inference rather than from the one fact that settles the question.
Oklahoma discloses more than Texas does, and the second problem is identical in both states.
That second problem is condition. No model can see that the roof is eight years past its useful life, that the foundation was piered in 2021, that the kitchen was redone last spring, or that the back fence sits on a service road. Those are the facts that move a real number, and they are precisely the facts a model has no field for.
Your equity at a value you choose. Value minus balance. That is arithmetic, and it is only as good as the value you assumed, which is why the assumption is labeled as yours in the ledger rather than buried.
What you have actually put in. Your down payment and the principal you have paid off are known quantities once you tell us the original loan amount. Nothing about them depends on the market.
Where this month's payment goes. Interest is the balance times the rate divided by twelve. The rest is principal. Exact, every time.
What it costs to hold. Your county's combined tax rate, the homestead exemption applied where it actually lands, and an insurance estimate from published state averages. Same data layer as our mortgage calculator.
More on AI valuations and what they miss → · All four free guides →
Sources: Texas Comptroller, county property tax directory · Texas Proposition 13 (2025), homestead exemption increase · Oklahoma Tax Commission, ad valorem · USDA Rural Development, property eligibility · U.S. Census Bureau, county reference file
Because we would be guessing, and we would rather say so. Texas is a non-disclosure state, which means sale prices are not filed in the public record, so any automated model working from public data is missing the single most important input it needs. On top of that, no model can see condition: the age of the roof, whether the foundation has been piered, the finish level inside, or what the property backs onto. This page computes only what your own numbers support, and it labels the one assumption it uses as yours.
Start with three numbers you already have: what you paid, what you still owe today, and the current value you are willing to assume. Your equity at that assumption is the value minus the balance. If you also know your original loan amount, this page splits that equity into the part you put down, the part you have paid off since, and the part that rests entirely on your value assumption. That last piece is the only one that is not arithmetic, which is exactly why you set it rather than us.
Treat one as a starting point, not a conclusion. Texas does not publish sale prices, so a model has less to work with here than it would in a disclosure state, and even where the data is good these tools publish error ranges rather than a single dependable figure. Read any automated number as a range, and do not set a list price, a refinance expectation, or a decision to sell from one without a person looking at the actual property.
A comparative market analysis is an opinion of value prepared by a licensed agent from recent comparable sales, the listings you would be competing against right now, and the real condition of your property. The McDonald Group prepares one at no cost and with no obligation to list, and we walk the property rather than reading it off a screen. It is not an appraisal, which is a separate service performed by a licensed appraiser and is the report a lender relies on.
A comparative market analysis from the McDonald Group: recent comparable sales, the listings you would actually be competing against, and the condition of your property as it sits. Free, no obligation, and no pressure to list. We walk it. We do not guess at it from a screen.
Got it. We will reach out personally to set up a time to see the property.
By submitting you agree to our Terms of Communication. Every submission lands directly with the McDonald Group.