AS-IS Value: 

Current Debt:

AS-IS Equity:

440,000.00

396,464.47 –

  43,535.53 =

After-Improved Value:

New Loan Amount:

After-Improved Equity:

760,000.00

634,791.00 –

125,209.00 =

Instant Added Equity:  

81,673.47 

(125,209.00 – 43,535.53)