The portion of your asset that you own. ie: your Assets minus your Liabilities. In the case of a property, if you owned a $500,000 house, and had a $400,000 loan, you would have $100,000 (or 20%) in equity.
Set yourself on the path to success & financial freedom.
The portion of your asset that you own. ie: your Assets minus your Liabilities. In the case of a property, if you owned a $500,000 house, and had a $400,000 loan, you would have $100,000 (or 20%) in equity.