What percent equity do you have on your home?

[Anonymous]

50% at 40. It is much too large for us. We play to sell it when kids leave for college and buy a small home or townhome with cash.

[Anonymous]

40 100%. Owned it outright for about 4 years.

[Anonymous]

50s bought 8 years ago , 250% equity, we owe 1 m and house would by conservative comps sell for over 3.5 M.

We should sell and invest the equity but we have low property taxes and a 2.25 % mortgage. We really like our area and the other areas we would consider have run up in price as well. At these price points, the whole hand a realtor 4-5% for doing squat is another no go. We are seeing more people do lower commissions but the bottom feeder agents are trying their best to not let go.

[Anonymous]

Anonymous wrote:We own it. And we deposited money for both of our DC to buy their homes. Worked hard to do this and don't give two f's what others think. Work harder.

Defensive much?

[Anonymous]

35, 40%

[Anonymous]

48
100% equity on two homes.

[Anonymous]

50, 80%

[Anonymous]

0% because I rent. If I were to buy, 100%.
I have no desire to own a home right now as single person. I do understand why others do and are how excited they are to pay off their homes.
It is not common to not want your own home, but if you knew how I got to this point, you'd understand.
47.

[Anonymous]

100 percent at age 38. No parental assistance.

[Anonymous]

54

Primary 100%
Second home 90%

[Anonymous]

99%!

I am 67, and retired 6 months ago. It will be paid off May 1 👏🏼👏🏼

[Anonymous]

Anonymous wrote:50s bought 8 years ago , 250% equity, we owe 1 m and house would by conservative comps sell for over 3.5 M.

We should sell and invest the equity but we have low property taxes and a 2.25 % mortgage. We really like our area and the other areas we would consider have run up in price as well. At these price points, the whole hand a realtor 4-5% for doing squat is another no go. We are seeing more people do lower commissions but the bottom feeder agents are trying their best to not let go.

Someone doesn’t understand math.

[Anonymous]

50, about 60% of $1.4M home. Less than 3% interest rate with $3.3k mortgage so not planning to pay it off early.

[Anonymous]

55

Primary home: 50% equity
Secondary: oh wait we’re DCUM poors

[Anonymous]

38, 70%. Not sure whether to continue paying it off aggressively since everyone says that's a stupid choice.