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: ...

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 ...

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 ...

Home equity credit has become a popular way for homeowners to access cash, offering attractive rates, convenience, and flexibility – it’s a financial solution that lets you borrow against the value of ...

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 ...

Learn how an equity line of credit works, its benefits, and risks. Discover the application process and qualifications to ...

Calculating the monthly costs of a home equity loan is simple to do with precision thanks to the product's fixed interest ...

Home equity levels are high these days. In fact, the average homeowner currently has over $300,000 of it, according to a ...

Americans with mortgages hold a record $17.8 trillion in home equity, according to updated ICE Mortgage Monitor data — and with the Fed's second rate cut of 2025 just behind us, now might be the time ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...

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.