Equity is the portion of your home you own outright, and you might need to know how to calculate it if you want to borrow money, sell your house or refinance the mortgage. The equation is simple: ...

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 ...

With home prices near all-time highs, many homeowners have built up large amounts of equity. According to an analysis from the National Association of Realtors (NAR), homeowners "build a net worth ...

Kelli Pate is a full-time copy editor and freelance writer who has written for CreditCards.com, Bankrate, MoneyGeek, DailyWorth, Vox.com, Entertainment Weekly, and Mic, among other publications. When ...

New Fed rate cuts have lowered home equity borrowing costs. Here's how much a $100,000 home equity loan costs now.

Learn how an equity line of credit works, its benefits, and risks. Discover the application process and qualifications to ...

Not sure if a HELOC or home equity loan is more affordable? Here's which one is cheaper after this week's Fed rate cut.

If you want to understand business finance, it’s important to understand the concept of equity. Equity is one of the most common ways to evaluate a company’s financial stability. Let’s look at how ...

Return on equity, or ROE, tells investors how much in profit a company makes for every dollar it has in stockholder equity on its balance sheet. However, in some cases, the amount of stockholder ...

In nutrition science, there's a theory of metabolic typing that determines what category of macronutrient — protein, fat, carbs or a mix — you run best on. The debt-to-equity ratio is the metabolic ...

When you own a home, understanding your home equity is crucial, as it contributes to your net worth and borrowing ability. Simply put, home equity is the value of your home minus your mortgage debt.