Home equity loans
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Uploader Comments (khanacademy)
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That's mess up you know. It causes recession and massive corporate bankruptcies. This country... We got idiot bankers, and greedy executive screwing everything up. Now, they can't fix it the way it was.
We will be heading dark ages in few years.
2 years ago 2
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All Comments (56)
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U ARE AWESOME
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I think this is great.
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Heey 25% off 1.5 million isn't 325k but 375k. An easier way to calculate the 25% is to halve it twice instead of taking 75% off.
Example : 1.5M /2 > 750k /2 > 375k
Having basic ways how to calculate really helps, if you mess one number up the whole balance is wrong.
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nice share
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your home is not an asset if it is taking money out of your pocket.... its an asset to the bank but not you.....so the whole 1.5m should not be in the asset column but the appreciation so equity gained works in your favour to be an asset
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thanks for the video
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very interesting
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@gardiloo1 Credit Repair is the nation’s leading, full-service credit repair company producing expedited, industry-leading results to all its clients. We use the law to permanently remove every form of negative credit reporting on behalf of our clients for the past 22 years. CALL nOW 877-261-1959
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Home Equity Loan (HEL) = HELL.
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duh...
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I love these videos, very educational and true...but perhaps give some home owners a better wrap than people who will go on a 100K vacation...perhaps they spent it on education! The result is the same
gardiloo1 3 years ago
You're right. Although I wanted to show how home equity withdrawal made people feel rich and consume more. Education, for the most part, is an investment and, assuming the student is responsible, will generate a return.
khanacademy 3 years ago 5