Equity reflects the difference between the value of the home and the outstanding amount owed on the mortgage. If your home is valued at $200,000 and you have already paid off your mortgage, your home equity is $200,000. If you still owe $50,000 on your mortgage, your equity is $150,000. Housing equity is shown in the Housing report, but also in the Estate report under Net Worth.
Housing Equity Print
Modified on: Mon, 15 May, 2023 at 10:29 AM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.