API Endpoint

Home Equity Available

Calculate home equity available for borrowing based on home value, mortgage balance, and LTV.

Endpoint

POST https://likeoptions.com/api/v1/calculate/homeequity

Also supports GET with query parameters.

Parameters

Parameter	Type	Default	Description
`homeValue`	number	—	Current home value ($)
`mortgageBalance`	number	—	Current mortgage balance ($)
`maxLTV`	number	80	Maximum loan-to-value ratio (%)

Request Examples

POST (JSON body)

curl -X POST https://likeoptions.com/api/v1/calculate/homeequity \
  -H "Content-Type: application/json" \
  -d '{"homeValue": 100000, "mortgageBalance": 50000, "maxLTV": 80}'

GET (query parameters)

curl "https://likeoptions.com/api/v1/calculate/homeequity?homeValue=100000&mortgageBalance=50000&maxLTV=80"

Response

{
  "kind": "homeequity",
  "result": {
    "primary": 1234.56,
    "secondary": [
      { "label": "Example metric", "value": 100, "format": "money" },
      { "label": "Example percent", "value": 5.5, "format": "percent" }
    ]
  }
}

When to Use

Calculate HELOC borrowing capacity
Plan home equity extraction
Understand lending limits

Error Handling

400 Bad Request — Invalid input parameters or missing required fields
404 Not Found — Unknown calculator kind
429 Too Many Requests — Rate limit exceeded (120 req/hour per IP)
413 Payload Too Large — Request body exceeds 16 KB

Related Endpoints

View request examples in JavaScript, Python, cURL, and more →