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  2. How to calculate your home equity — and how much of it you ...

    www.aol.com/finance/calculate-home-equity...

    Your equity is basically the difference between your home’s value and the amount you owe on your mortgage (and any other loans against the home). ... [outstanding mortgage] + $30,000 [home ...

  3. Home equity loan vs. HELOC: Which is best for borrowing ...

    www.aol.com/finance/home-equity-loan-vs-heloc...

    You build your home equity every month when you make your mortgage payments. With every home payment you make, you own more of your home. Home loans range from 10 to 30 years, with recent ...

  4. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

    www.aol.com/finance/home-equity-loan-heloc-vs...

    The most popular fall into two categories: home-secured loans, including a lump-sum home equity loan or a home equity line of credit (HELOC), and a type of mortgage called a cash-out refinance.

  5. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

  6. Home equity loan or HELOC vs. reverse mortgage: Which is ...

    www.aol.com/finance/home-equity-loan-heloc-vs...

    Home equity loan cons. Risk of losing your home if you default. Imposes strict lending criteria. Has closing costs and fees. May take a while to obtain, similar to a mortgage. HELOC (home equity ...

  7. Home equity: What is it and how can you use it? - AOL

    www.aol.com/finance/home-equity-121018740.html

    Home equity is the difference between your home's value and the amount you still owe on your mortgage. ... Mortgage Calculator Example of home equity Say you bought a home for $390,000, putting 3 ...

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