Financial Glossary

Home Equity

Property value minus remaining mortgage. Remember: illiquid, and not a substitute for a diversified portfolio.

Category
Mortgage & Real Estate
Hebrew
הון עצמי בדירה
English
Home Equity

Related terms

Mortgage

A loan for buying property, secured by the property itself. The biggest financial decision of a lifetime: a wrong track mix can cost hundreds of thousands of shekels.

Net Worth

All assets (portfolio, pension, home, cash) minus all liabilities. The true progress metric — track it quarterly.

All terms in this category

MortgageInterest TrackPrime RateIndex Linkage
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