Florida led the country in lost home equity in early 2026, and the buyers from 2022 to 2024 are the most exposed. Enter your numbers and see your estimated equity, whether a sale would clear your loan after costs, and what your realistic next move is. No login, no value lookup, just honest math on your inputs.
The ATTOM Q1 2026 Home Equity and Underwater Report, released May 7, 2026, found Florida had the largest year-over-year drop in its share of equity-rich homes in the country, falling from 49.3 percent to 43.2 percent, with among the largest per-owner equity losses (ATTOM Q1 2026 report). ATTOM's companion risk report put Florida and California counties at the top of its highest-risk list (HousingWire). None of that tells you where you personally stand, which is the entire point of this checker.
The owners who feel it most are the 2022 to 2024 buyers and the new construction buyers who put little down. If you bought near the top with a small down payment and prices in your area have softened, your loan balance can be close to, or above, what the home would sell for today. That is not a crisis by itself. It only becomes a problem if you need to sell or refinance before values recover, which is exactly when knowing the number matters.
Equity is your estimated current value minus everything you owe against the home. Equity percent is that number divided by the value. This tool also nets out selling costs, because you do not keep the full sale price: agent commission and closing costs come off the top, and a home that looks barely above water on paper can still require cash to close once those costs are paid. We classify your position using the same thresholds ATTOM uses: equity rich means your loan is 50 percent or less of value, and seriously underwater means your loan is at least 25 percent more than value.
It does not appraise your home or pull an automated value. The estimate is only as good as the current value you enter, so treat a borderline result as a prompt to get a real number, not a verdict. For an accurate value, get a comparative market analysis from an agent or an appraisal, and confirm your exact payoff (including any prepayment items) with your lender. If you are weighing a sale, pair this with the offer calculator and the true cost of ownership calculator.
You have more options than the panic version suggests. Holding and letting the loan amortize and the market recover is often the simplest path if you do not need to move. If you do need to sell, you may be able to bring cash to closing, or in harder cases pursue a short sale with lender approval. If your payment itself is the strain, look at the drivers separately: see whether insurance can come down on the insurance savings calculator, and if you are behind or worried about it, read the steps on the property tax and mortgage relief resources. The worst move is doing nothing because you are afraid of the number. Run it.
Disclaimer: This calculator estimates equity and net sale proceeds from the values you enter. It does not appraise your home, pull an automated valuation, or confirm your loan payoff, and it is not financial, lending, or real estate advice. Selling-cost percentages are estimates that vary by transaction. Equity-rich and seriously-underwater thresholds follow ATTOM's published definitions. Confirm your value with an agent or appraiser and your payoff with your lender. Momentum Realty is a licensed real estate brokerage.
Jon and Brittany will run a no-pressure comparative market analysis on your specific home so you know exactly where you stand and what your options are, whether you sell now or wait.
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