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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 home equity equals the current value of your home minus your current mortgage debt. Assume your home’s current value is $410,000, and you have a $220,000 balance remaining on your mortgage.

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

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

   Find your home’s estimated current market value. ... Mortgage Calculator Example of home equity Say you bought a home for $390,000, putting 3 percent down with a 30-year fixed rate mortgage at 7 ...

4. How Is a Home Equity Loan Calculated? - AOL

   www.aol.com/finance/home-equity-loan-calculated...

   So going back to the previous example, if you have 30% equity in the home based on your loan to value ratio calculation you may be able to borrow up to $50,000 using a home equity loan.

5. Should you use a home equity loan to remodel or ... - AOL

   www.aol.com/finance/home-equity-loan-for...

   Which means your available equity is $70,000 — or your home’s value ($400,000) less your mortgage balance ($250,000) and the 20% home equity cushion ($80,000)

6. Home equity - Wikipedia

   en.wikipedia.org/wiki/Home_equity

   Investors typically look to purchase properties that will grow in value, causing the equity in the property to increase, thus providing a return on their investment when the property is sold. [2] Home equity may serve as collateral for a home equity loan or home equity line of credit. Many home equity plans set a fixed period during which the ...

7. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Though current average rates for a home equity loan are at 8% and higher, you’d pay that rate only on the equity you’re borrowing with the loan. And some lenders don’t require closing costs ...