Jun 3, 2025 · What Is Home Equity? Home equity is the difference between the amount you owe on a mortgage and what the home is worth. It's essentially what you own in a home.

Aug 6, 2025 · Home equity is the difference between the current value of your home and the outstanding balance of your mortgage — in other words, the portion of your home you own …

Home equity is the amount of your home that you actually own. Specifically, equity is the difference between what your home is worth and what you owe your lender.

Nov 25, 2019 · Your home equity is your personal financial investment in your home. Generally speaking, it's your home's fair market value, less any mortgage balances or existing liens — …

You can think of your home equity as the total amount of home you currently own, in comparison to how much you have yet to pay back on your mortgage. As time goes on and you make …

Home equity is the value of your financial interest in your home. In other words, it is the actual property’s current market value less any mortgages or liens that are attached to that property.

Apr 23, 2025 · Home equity is the amount of your home value that you actually own. It’s calculated by subtracting your mortgage balance from the market value of your property.

May 21, 2025 · Home equity is the difference between your home's value and how much you still owe on your mortgage loan. When you buy a home with a mortgage, you share ownership …

Jul 25, 2025 · Home equity is the difference between your house's current market value and the balance on your mortgage.

Nov 11, 2025 · What is home equity in simple terms? Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation. It’s calculated by …