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A buyer purchases a house for $500,000 with a $25,000 deposit (5% equity) and a $475,000 loan
A 5% price fall reduces the home's value to $475,000 while the loan remains $475,000, leaving equity at $0
A buyer purchases a house for $500,000 with a $25,000 deposit (5% equity) and a $475,000 loan
A 5% price fall reduces the home's value to $475,000 while the loan remains $475,000, leaving equity at $0
RE: LeoThread 2026-06-01 14-26