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. Your home equity is basically your home’s fair ...

Ellen Chang is a freelance journalist based in Houston. She has covered personal finance, energy and cybersecurity topics for TheStreet, Forbes Advisor and U.S. News & World Report as well as CBS News ...

A home is many people’s most significant investment. Even if you have no plans to sell yours, knowing how much it’s worth is essential. Not only does the value of your home help determine how much ...

Dock David Treece is a former licensed investment advisor and member of the FINRA Small Firm Advisory Board. His focus is on breaking down complex financial topics so readers can make informed ...

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 ...

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...

Home equity is the difference between the appraised value of your home and the amount you still owe on your mortgage. The greater your home equity, the easier it is to qualify for other financing like ...

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 ...