Text Callout : Key Takeaways - How to Calculate Home Equity (and How Much You Can Borrow) If you've lived in your home for five or more years, you could be sitting on a mountain of equity thanks to ...

Mary Beth Eastman is a contributor to Buy Side and finance expert, specializing in loans, mortgages and insurance. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

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 ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. If ...

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...

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.

Knowing how to calculate home equity gives homeowners a way to understand their home’s worth — and potentially liquidate it for their needs or wants. To calculate your home equity, take your home’s ...