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  1. Home Equity: What It Is, How It Works, and How You Can Use It

    Jun 3, 2025 · 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. The amount of equity in a …

  2. What Is Home Equity And How Can You Use It? | Bankrate

    Aug 6, 2025 · Home equity is the difference between your home’s value and the amount you still owe on your mortgage. It represents the paid-off portion of your home — the amount you own …

  3. What Is Home Equity? How to Determine the Equity in Your Home

    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 — …

  4. What is home equity? | Wells Fargo

    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 …

  5. Home Equity: What It Is and Why It Matters - NerdWallet

    Mar 12, 2025 · Equity is the market value of your home minus what you owe. You can borrow against it by getting a second mortgage or cash-out refinance.

  6. What is home equity and how can I use it? | Rocket Mortgage

    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 …

  7. What Is Home Equity and How Do You Use It? | SoFi

    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.

  8. What Is a Home Equity Loan & How Do They Work? | Chase

    Dec 6, 2023 · A home equity loan, often considered a second mortgage, allows you to borrow against the equity you have accumulated in your property. Homeowners commonly use these …

  9. What Is Home Equity? - CNBC

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

  10. What Is Home Equity and How Can I Use Mine in 2025?

    Dec 23, 2024 · Home equity is the amount of your home’s total value that you own, with any mortgage lender owning the rest. Typically, as you pay off your mortgage, your equity …