Curious about negative equity? Enter the remaining loan balance and the current value of the asset, and our Negative Equity Advanced Calculator will show you the negative equity amount.
Negative Equity Calculator
Negative Equity Calculator
Component | Description |
---|---|
Current Value of Asset | The current market value of the asset. |
Outstanding Loan Balance | The remaining balance on the loan used to finance the asset. |
Negative Equity | The amount by which the outstanding loan balance exceeds the current value of the asset. |
Formula | Negative Equity = Outstanding Loan Balance – Current Value of Asset |
Purpose | Used to calculate the extent of negative equity, indicating the financial shortfall in asset value compared to the loan amount. |