Home Equity

Home equity is a homeowner's ownership stake in the property, measured in dollars. Equity = current appraised value − total loan balances secured by the home. A home worth $700,000 with a $300,000 mortgage has $400,000 of equity.

Equity grows through principal paydown and appreciation, and can be accessed without selling via cash-out refinance, HELOC, or home-equity loan. It's often a household's largest wealth asset.

Why it matters for Milo customers

Milo's crypto-backed loan products give you liquidity without tapping home equity — meaning you keep your real estate equity untouched for future opportunities while accessing cash through your crypto position.

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