The Ultimate Guide to Your Home Equity Dashboard
Last updated September 24, 2024
If you’re new to the Home Equity Dashboard, this blog post will give you an overview of what it is, how you can best leverage it, and what new tools you’ll want to know about. The Dashboard is a free online tool Hometap created to provide you with a simple way to monitor your home value and equity growth over time — and intel on how to actively grow and leverage that equity.
The Dashboard includes features we’re really proud to share with you, including an interactive scenario planner so you can see a clearer picture of how your home value might change with each financial decision you make. It also includes a renovation calculator, maintenance resources to preserve and grow your home’s value, and special offers from some of our trusted and vetted partners.
The Home Equity Dashboard is free for all homeowners to use, and it takes just two minutes to create an account. If you already have a Hometap account because you've received a home equity investment, it’s even easier! You can already access all of the features of the Dashboard right from your account.
Navigating This Guide
This guide is designed to make it easy for you to see the latest features, learn how to use them, and locate them. We'll also walk you through all of the not-so-new features for you to refer back to at any time. Let’s get into it!
New Features in Your Dashboard
Navigation
We’ve done some rearranging! When you log into your account, you’ll notice the navigation (or menu of features) has moved to the left side of your screen. We did this to improve your experience across devices and make it easier than ever to find your favorite features even faster.
With this update, we moved some of the tools in the dashboard — we’ll cover where everything lives in each section below.
If you’re accessing your account from a mobile device, you can open the navigation menu by selecting the menu icon in the upper left corner of your screen. Just look for the three horizontal bars.
Previously-released Features by Category
Already know what you’re looking for? Click to go there directly.
Account
Where you can find it on desktop: In the top right corner of your screen
Where you can find it on mobile: At the bottom of the navigation menu on the left side of your screen.
Your account has two areas: Account details is where you can manage your profile details, reset your password, and add new properties; Get help is where you can find answers to some of your most frequently asked questions, and find contact information to talk with a member of our team.
Home equity forecast
Where you can find it: In your new navigation menu
Get the intel you need about your home to make the best decisions possible. Hometap’s Home Value Estimate uses a unique blend of industry-proven data sources to give you an accurate and up-to-date number, whenever you need it. Plus, you can forecast your home’s value and equity 10 years down the road.
Insights
Where you can find them: At the top of your Home equity forecast
We’re handing you the keys to make the most of homeownership. Hometap Insights are valuable tips and fast facts, customized just for you, designed to put you ahead of the curve.
Scenario planner
Where you can find it: In your new navigation menu
Your scenario planner is where you can find your Renovation Calculator and your Financing Calculator. The Renovation Calculator was designed to help you find the best renovation scenario to suit your needs and budget. Select your project and desired quality tier to learn the average cost for your area, the estimated average value it will add to your home, and other considerations to help you prepare for your renovations. You can even add a planned renovation to your current home value to see how it will impact that value over time in different cases of appreciation.
With the Financing Calculator, you can weigh the options for tapping into your home's equity with confidence. View your equity, now and down the road, so you can plan ahead for a brighter future — and compare common financing solutions, side by side, to make the best decision for your goals and understand the cost of each over time.
Note: you'll only see financial products that are available in your area. For example, home equity investments (HEIs) will not be shown in states where HEIs aren't currently available.
Resources
Where you can find it: In your new navigation menu
Our resources are an ever-evolving collection of maintenance guides, articles, and featured offers. Our articles are designed to help you achieve your financial goals and stay apprised of the latest events that have the potential to impact you and your property
Our maintenance checklist helps you prioritize projects by season, giving you tips on what to handle yourself and what to outsource, the equipment you’ll need, how to successfully execute each task, and suggested frequency.
We partner with home brands that align with our mission to help homeowners like you achieve their goals with less stress and more control. Those partners include Simplisafe home security, Liberty Home Guard home warranties, Honeyquote and Policygenius insurance marketplaces, and more!
These partnerships allow us to offer exclusive rates and discounts to our loyal homeowners.
Property Selector
Where you can find it: The top of your navigation menu
If you have more than one residential property you’d like to track in your Dashboard, whether it’s an investment property or a vacation home, you can add (and seamlessly toggle between) them!
Investments
Where you can find it: Above your Home Equity Forecast in the navigation menu.
If you've received a home equity investment from Hometap, this is where you can see all in-progress, invested, and settled Home Equity Investments. You won't see this option in your menu if you've never received a home equity investment.
You should know
We do our best to make sure that the information in this post is as accurate as possible as of the date it is published, but things change quickly sometimes. Hometap does not endorse or monitor any linked websites. Individual situations differ, so consult your own finance, tax or legal professional to determine what makes sense for you.