Calculate home equity in Money?

05-03-2006, 10:09 PM

Job #1: figure out what your house is worth. Nothing internal to Money will
provide much help with that.

Job #2, with a calculator, subtract sum of the current balance of all
outstanding loans from the value determined in step 1. The remainder is the
equity.

"Taylor" <123[at]456.com> wrote in message
news:Yp76g.184$Qq.73[at]tornado.texas.rr.com...
- quote -

> I have an asset account for my house. It is tied to a mortgage loan
> account. I also made a down payment from my checking account. How do I
> calculate the equity in the house using Money since it has appreciated and
I
> have paid down some of the mortgage?

#-1 05-03-2006, 07:22 PM

I have an asset account for my house. It is tied to a mortgage loan
account. I also made a down payment from my checking account. How do I
calculate the equity in the house using Money since it has appreciated and I
have paid down some of the mortgage?

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