Understanding Your Home's Value
Understanding Equity
Before you bought your home, homeownership sounded appealing for many reasons, including the ability to build equity over time. Find out what equity means and how it can play a big role in your financial future.
Understanding Amortization
Nestled within the Truth in Lending document your lender provided is your amortization schedule. This is a very important table that outlines every monthly payment you’ll make and its contribution toward equity. Equally important, it will show the real cost of the home at the end of your loan term.
Understanding Your Local Market
You already own your home, so why does it matter how the local real estate market is doing? Because the value of your home depends on it. It's important that you watch your local market carefully, especially if you are thinking about selling or refinancing.
Understanding Your Options When Underwater
If you owe more on your mortgage than your home is worth, there are options – whether you're looking to stay in your home and refinance or leave your home.
Owning Resources
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Extra Payments
Learn how advantageous extra monthly mortgage payments might be.
CreditSmart®
Module 12: Protecting Your Home Investment
What Home Means to Me
Darlene - Portland, OR
CreditSmart®
Module 2: Managing Your Money