Long-term ownership
How could your equity change over time?
Separate the two big drivers: scheduled mortgage principal paydown and a possible change in home value. Then see estimated usable equity after a selling-cost allowance.
Year-by-year view
Where the equity comes from
Gross equity equals projected value minus projected mortgage balance. Usable proceeds also subtract the selling-cost allowance.
| Year | Home value | Mortgage balance | Gross equity | Usable proceeds |
|---|