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Home equity

ru

Translation home equity into russian

home equity
She decided to take out a loan against her home equity.
Она решила взять кредит под залог своего домашнего капитала.

Definitions

Home equity is the difference between the current market value of a home and the outstanding balance of any mortgages or liens against it. It represents the portion of the property that the homeowner truly owns and can be used as collateral for loans or lines of credit.