How to interpret "Home Equity" in detailed report
I enter an estimate of the current value of our primary home as $530,000 with a balance on the mortgage of about $130,000, and a zero real appreciation rate of zero. Why does the detailed report under "Housing" show my Home Equity as $864,396 ? I would have expected about $400,000.
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Never mind. I think I had inadvertently entered a Vacation Home value.