Why borrow on home equity As an example, if your property is well well worth $250,000 and also you owe $150,000 bucks in your home loan, you would have $100,000 in house equity. Your property equity goes up in 2 means: As you reduce your mortgage In the event that value of your property increases You might have the ability to borrow money which is guaranteed by the home equity. Interest levels on.. Read More