eli5 What is Equity in a Home? Submitted by ShadowLotus89 t3_125afuw on March 29, 2023 at 2:27 AM in explainlikeimfive 12 comments 5
MyNamesArise t1_je3blae wrote on March 29, 2023 at 2:34 AM It’s just how much of the home you actually own, as opposed to the total value. You can find this by taking the home value and subtracting the total mortgage outstanding Permalink 11
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