[:en]Freddie Mac: Equity Matters (a Lot!)[:es]Freddie Mac: El valor líquido es importante (¡y mucho!)[:]

Freddie Mac: Equity Matters (a Lot!) | Simplifying The Market
[:en]According to a Merrill Lynch survey, over 80% of the people in this country believe that homeownership is still “an important part of the American Dream”. There are many financial and non-financial reasons people feel this way.

One of the biggest reasons is because it helps build family wealth. Last week, Freddie Mac posted about the power of home equity. They explained:

“In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage. You build equity by paying down your mortgage over time and through your home’s appreciation. In a nutshell, your money is working for you and contributing toward your financial future.”

They went on to show an example where a person bought a home for $150,000 with a down payment of 10%, resulting in a loan amount of $135,000. The buyer secured a 30-year fixed-rate mortgage at 4.5% with a monthly mortgage payment of $684.03 (not including taxes and insurance). They then illustrated what would happen after seven years of making a mortgage payment, assuming 3% per year home appreciation (the historic national average):

Home Equity | Simplifying The Market

And that number continues to build as you continue to own the home. Merrill Lynch published a report earlier this year that showed the average equity homeowners have acquired at certain ages.

Average Home Equity by Age | Simplifying The Market

Bottom Line

Home equity is important to building wealth as a family. Referring to the first scenario above, Freddie Mac explained:

“Now, if you continued to rent, and made the same payment of $684.03 per month, you’d have zero equity and no means to build it.

Building equity is a critical part of homeownership and can help you create financial stability.”

[:es]Según la encuesta de Merrill Lynch, más del 80 % de las personas en este país creen que ser propietario de casa aún es “una parte importante del sueño americano”.  Hay muchas razones financieras y no financieras por las que la gente se siente de esa manera.

Una de las razones mayores es porque ayuda a crear patrimonio familiar. La semana pasada, Freddie Mac publicó sobre el poder del valor líquido de la casa. Ellos explicaron:

“En los términos más simples, el valor líquido es la diferencia entre cuánto vale su casa y cuánto usted debe en su hipoteca. Usted crea patrimonio al ir pagando su hipoteca durante el tiempo y a través de la apreciación de su casa. En pocas palabras, su dinero está trabajando por usted y contribuyendo hacia su futuro financiero”.

Ellos continuaron mostrando un ejemplo donde una persona que compró una casa por $150,000 con una cuota inicial de 10 %, resultando en un préstamo por la cantidad de $135,000. El comprador aseguro una tasa hipotecaria fija a 30 años al 4.5 % con un pago mensual de $684.03 (sin incluir los impuestos y el seguro). Ellos luego ilustraron que pasaría después de siete años de hacer pagos a la hipoteca, suponiendo una apreciación de 3 % por año (el promedio nacional histórico):

despues de 7

Y ese número continua creciendo mientras usted sea el propietario de la casa. Merrill Lynch publicó un informe a comienzo de este año que mostraba el promedio del valor líquido que los propietarios de casa adquieren en ciertas edades.

Promedio del valor líquido de la casa

En conclusión

El valor líquido es importante para crear patrimonio como familia. Refiriéndose al primer escenario, Freddie Mac Explicó:

“Ahora, Si usted continúa alquilando, y hace el mismo pago de $684.03 por mes, usted tiene cero patrimonio y ningún medio para crearlo.

Crear patrimonio es una parte crítica de ser propietario de casa y puede ayudar a crear estabilidad financiera”.

 [:]

[:en]Freddie Mac: Equity Matters (a Lot!)[:es]Freddie Mac: El valor líquido es importante (¡y mucho!)[:]

Freddie Mac: Equity Matters (a Lot!) | Simplifying The Market

[:en]According to a Merrill Lynch survey, over 80% of the people in this country believe that homeownership is still “an important part of the American Dream”. There are many financial and non-financial reasons people feel this way. One of the biggest reasons is because it helps build family wealth. Last week, Freddie Mac posted about ...

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[:en]Freddie Mac: Equity Matters (a Lot!)[:es]Freddie Mac: El valor líquido es importante (¡y mucho!)[:]

Freddie Mac: Equity Matters (a Lot!) | Simplifying The Market

[:en]According to a Merrill Lynch survey, over 80% of the people in this country believe that homeownership is still “an important part of the American Dream”. There are many financial and non-financial reasons people feel this way.

One of the biggest reasons is because it helps build family wealth. Last week, Freddie Mac posted about the power of home equity. They explained:

“In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage. You build equity by paying down your mortgage over time and through your home's appreciation. In a nutshell, your money is working for you and contributing toward your financial future.”

They went on to show an example where a person bought a home for $150,000 with a down payment of 10%, resulting in a loan amount of $135,000. The buyer secured a 30-year fixed-rate mortgage at 4.5% with a monthly mortgage payment of $684.03 (not including taxes and insurance). They then illustrated what would happen after seven years of making a mortgage payment, assuming 3% per year home appreciation (the historic national average):

Home Equity | Simplifying The Market

And that number continues to build as you continue to own the home. Merrill Lynch published a report earlier this year that showed the average equity homeowners have acquired at certain ages.

Average Home Equity by Age | Simplifying The Market

Bottom Line

Home equity is important to building wealth as a family. Referring to the first scenario above, Freddie Mac explained:

“Now, if you continued to rent, and made the same payment of $684.03 per month, you'd have zero equity and no means to build it.

Building equity is a critical part of homeownership and can help you create financial stability.”

[:es]Según la encuesta de Merrill Lynch, más del 80 % de las personas en este país creen que ser propietario de casa aún es “una parte importante del sueño americano”.  Hay muchas razones financieras y no financieras por las que la gente se siente de esa manera.

Una de las razones mayores es porque ayuda a crear patrimonio familiar. La semana pasada, Freddie Mac publicó sobre el poder del valor líquido de la casa. Ellos explicaron:

“En los términos más simples, el valor líquido es la diferencia entre cuánto vale su casa y cuánto usted debe en su hipoteca. Usted crea patrimonio al ir pagando su hipoteca durante el tiempo y a través de la apreciación de su casa. En pocas palabras, su dinero está trabajando por usted y contribuyendo hacia su futuro financiero”.

Ellos continuaron mostrando un ejemplo donde una persona que compró una casa por $150,000 con una cuota inicial de 10 %, resultando en un préstamo por la cantidad de $135,000. El comprador aseguro una tasa hipotecaria fija a 30 años al 4.5 % con un pago mensual de $684.03 (sin incluir los impuestos y el seguro). Ellos luego ilustraron que pasaría después de siete años de hacer pagos a la hipoteca, suponiendo una apreciación de 3 % por año (el promedio nacional histórico):

despues de 7

Y ese número continua creciendo mientras usted sea el propietario de la casa. Merrill Lynch publicó un informe a comienzo de este año que mostraba el promedio del valor líquido que los propietarios de casa adquieren en ciertas edades.

Promedio del valor líquido de la casa

En conclusión

El valor líquido es importante para crear patrimonio como familia. Refiriéndose al primer escenario, Freddie Mac Explicó:

“Ahora, Si usted continúa alquilando, y hace el mismo pago de $684.03 por mes, usted tiene cero patrimonio y ningún medio para crearlo.

Crear patrimonio es una parte crítica de ser propietario de casa y puede ayudar a crear estabilidad financiera”.

 [:]

[:en]Freddie Mac: Equity Matters (a Lot!)[:es]Freddie Mac: El valor líquido es importante (¡y mucho!)[:]

Freddie Mac: Equity Matters (a Lot!) | Simplifying The Market

[:en]According to a Merrill Lynch survey, over 80% of the people in this country believe that homeownership is still “an important part of the American Dream”. There are many financial and non-financial reasons people feel this way. One of the biggest reasons is because it helps build family wealth. Last week, Freddie Mac posted about ...

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