How much home equity do you have as a percentage or dollar value of your portfolio? 12.26% of our net worth. At least using the home equity we've paid down from our down payment to paydown over 4 years. I don't use appreciation but it's there because it's too hard to figure. I have a guess but I'd rather not
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Home equity?
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Originally posted by LivingAlmostLarge View PostHow much home equity do you have as a percentage or dollar value of your portfolio? 12.26% of our net worth. At least using the home equity we've paid down from our down payment to paydown over 4 years. I don't use appreciation but it's there because it's too hard to figure. I have a guess but I'd rather not
Overall, my goal is to eventually have our invested assets roughly 50/50 split between stocks/bonds/cash and RE.Last edited by kork13; 03-15-2021, 05:16 PM.
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Rough estimation, our house is just under 50% of our net worth. It's lopsided because we live in an extremely high COL area. We bought it in October last year and it will be paid off in the next 90 days so will have full equity in short order.
I'm not sure if this is good or bad, but it's how things have worked out. Whereas assets on paper can lose their value overnight and there is nothing to show for it, at least if/when home values tank, we'll still have a place to live. Real estate and desirable land, over time, has proven a safe place to park money, however.History will judge the complicit.
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This was interesting to break down.
My breakdown is like:
37% Retirement (wife and I)
25% Primary Residence (paid off)
15% Real Estate Investments (1 paid off, 1 with small amount of debt)
20% Taxable investments, Cash, and large paid for assets. (in that order)
I just realized, I have more $$$ value loaned out (being paid back w/ interest) than debt I hold. Currently 3x to be honest! (i'm a mini bank)
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