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What Is The Percentage Of Equity In A Home?

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    The percentage of equity in a home is arrived at by taking the value of the home less the outstanding mortgage(s) debt, divided by the value. Here is an example. Say a home is worth $200,000 and has a mortgage with an outstanding balance of $150,000. The equity is $50,000 or 25%. Hope this helps.

    The Note Buyer
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    Bopster 

    answered 7 months ago

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