The equity in your home can help you pay for some of the larger expenses you may have. It is generally defined as the “current value of the home minus the amount of the liens against it.” For example, if your home is appraised at $500,000, and you have a balance on your mortgage loan…

Copyright © 2018 Republic Bank of Chicago. All rights reserved.

fdic-logo-footer
logo-footer
Under Review by Accessible360