Poll

Your house is what percentage of your net worth?  (Home Equity)/(Net Worth)

0%-20%
111 (36.2%)
20%-40%
113 (36.8%)
40%-60%
63 (20.5%)
60%-80%
13 (4.2%)
80%-100%
7 (2.3%)

Total Members Voted: 304

Author Topic: Your house is what percentage of your net worth?  (Read 12963 times)

Aussiegirl

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Re: Your house is what percentage of your net worth?
« Reply #50 on: August 29, 2016, 01:17:48 PM »
About 14%.  I consider it part of our NW, but don't include it in the amount we needed to FIRE as we don't want to have to sell it to fund living expenses.   Here in Oz I wouldn't want to be renting in retirement. 

mm1970

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Re: Your house is what percentage of your net worth?
« Reply #51 on: August 29, 2016, 02:44:22 PM »
17%.  It's not paid off, so I only used the equity portion.

If we paid it off, then it would be more like 31%

FireHiker

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Re: Your house is what percentage of your net worth?
« Reply #52 on: August 29, 2016, 02:52:38 PM »
Ours is 48% of our net worth. Higher than I would like, but we get very lucky with our market timing so we have gained a lot of equity in the first two years (not that it really matters until we sell). Total net worth is hovering just over the 1M mark; HCOL area here. We are refinancing right now (3.25% 30 year fixed) and I was floored to see our loan to value ratio is 52.7%. We put 20% down when we bought at the end of 2012. As soon as the kids are grown we'll sell and downsize, but with a 2 mile commute right now I'm not willing to move somewhere cheaper further from work!

AlwaysLearningToSave

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Re: Your house is what percentage of your net worth?
« Reply #53 on: August 29, 2016, 02:59:40 PM »
This will vary a lot based on where a person is on the FI journey.  We are at about 60% right now but with student loan debt paid off I would expect that in a year or so it will be half that percentage. 

 

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