With home prices near all-time highs, many homeowners have built up large amounts of equity. According to an analysis from the National Association of Realtors (NAR), homeowners "build a net worth ...

Knowing how to calculate home equity gives homeowners a way to understand their home’s worth — and potentially liquidate it for their needs or wants. To calculate your home equity, take your home’s ...

Equity is the portion of your home you own outright, and you might need to know how to calculate it if you want to borrow money, sell your house or refinance the mortgage. The equation is simple: ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Home ownership can be stressful and expensive. From repairs to ...

Whether you choose to count it is up to you. You shouldn’t necessarily count on your home as a source of income. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a ...

It pays off to truly understand the value of being a homeowner, especially when money's tight. Rather than resorting to taking out personal loans or racking up credit card debt, you can consider ...

Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your ...

To calculate home equity, subtract the total outstanding mortgage and lien balances from your home's current market value. Having home equity gives you more options when you need money. Whether you ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

When you own a home, understanding your home equity is crucial, as it contributes to your net worth and borrowing ability. Simply put, home equity is the value of your home minus your mortgage debt.