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 ...

Equity is the difference between your home’s value and your remaining mortgage balance Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your ...