Home equity is essentially the worth of your home shorter one an excellent mortgage payments Such as for example, for many who bought a house to possess $300,000 and repaid 25 % just like the a downpayment. The home equity, in this situation, would-be $75,000 i.age., 25 % off $three hundred,000. However, if your property value a house grows in the future to $500,100000, while however are obligated to pay...