How much equity will downsizing free up?

Equity freed up by downsizing depends less on a formula than on two real numbers: what your current home is actually worth today, and what a specific smaller home costs to buy outright. Owners who bought decades ago and still carry a small mortgage typically free up far more than someone who refinanced recently at a higher balance. Brian Beatty pulls today's value and a target price together so a homeowner sees a real range instead of a guess.