|
Include how much is mortgaged too.
So like assets $3M / home value $1.5M / but $500 mortgage |
|
20%
NW just above 2M, home equity around 400k. |
| We have 2 properties that are 15% of our net worth. A mortgage for tax purposes. Very high net worth. |
| 15% no mortgage |
| Equity in house is 7% of NW. |
|
Home value 700k, equity 500k, NW 2.75m
Equity =18% of NW |
| Home equity 15% of NW. 400k mortgage |
| Equity is 15% of NW. |
| No idea. No mortgage. |
|
NW (financial assets+home equity) = $8.7M
Home value = $1M (11.5%) Mortgage remaining = $300K |
|
NW = $9.5M
Value of two homes = $4.5M Remaining mortgage = 200K |
|
NW = $2.5M
Home value = $1.1M = 44% Mortgage = $400K = home equity 28% of NW |
|
$0. Sold all three properties and not planning to buy any time soon. Owning property didn't work for us. Regret buying all of them.
May build a retirement home abroad. All money is in stock market. |
|
10%
No mortgage |
|
NW = $4.5M
Value of two homes = $2.6M Remaining mortgages = $960K Home equity = 36% of NW |