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Home Equity in Kentucky: How Much Can You Cash Out? (2026)

With Kentucky's median value near $215,000 and a typical $118,000 balance, homeowners can access about $64,750 at 85% combined LTV — through a HELOC, a fixed home equity loan, or a cash-out refinance.

In Kentucky, the cheapest way to tap equity is usually a second lien (HELOC/home equity loan) if your current mortgage rate is low; a cash-out refinance replaces the whole loan at 80% LTV.

Accessible equity by Kentucky county

CountyEst. ValueEquity at 85% CLTV
Jefferson County$250,000$74,500
Fayette County$300,000$90,000
Kenton County$215,000$64,750
Boone County$215,000$64,750
Warren County$215,000$64,750
Hardin County$215,000$64,750
Daviess County$215,000$64,750
Campbell County$215,000$64,750
Bullitt County$215,000$64,750
Madison County$215,000$64,750
Christian County$215,000$64,750
McCracken County$215,000$64,750
Oldham County$215,000$64,750
Pulaski County$215,000$64,750
Laurel County$215,000$64,750
Scott County$215,000$64,750
Boyd County$215,000$64,750
Franklin County$215,000$64,750
Hopkins County$215,000$64,750
Pike County$215,000$64,750
Jessamine County$215,000$64,750
Nelson County$215,000$64,750
Whitley County$215,000$64,750
Henderson County$215,000$64,750
Bell County$215,000$64,750

How to tap equity in Kentucky

Start with your numbers: home value minus what you owe, capped at 85% of value. Then pick the tool — a revolving HELOC for flexible access, a fixed home equity loan for a lump sum, or a cash-out refinance if a new first-mortgage rate beats your current one. Compare two or three lenders, since margins and fees vary.

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Frequently Asked Questions

How much home equity can I tap in Kentucky?
On a $215,000 home with a $118,000 balance, about $64,750 at 85% CLTV. Your exact limit depends on the lender, your credit, and the appraisal.
Is a HELOC or cash-out better in Kentucky?
If your first mortgage rate is low, a HELOC or home equity loan is usually cheaper because it keeps that rate. A cash-out refinance only wins when today's rate beats your current one.

Popular counties in Kentucky