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 outright.

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 — …

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 with your lender …

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. As you make payments on your …

Jul 25, 2025 · Home equity is the difference between your house's current market value and the balance on your mortgage. It's often represented as a percentage: If your home is worth $200,000 and your...

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. For example, if your …

Nov 11, 2025 · Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation. It’s calculated by taking the current value of your home minus your …

Jul 2, 2025 · Home equity is a powerful financial asset and, in many cases, it's the greatest driver of wealth for Americans. It can help you qualify for refinancing, lower your mortgage interest rate,...