3 ms·
If it's a typical mortgage, the asset is normally counted toward your net worth.
by SilasX 7y ago
If it's a typical mortgage, the asset is normally counted toward your net worth.
- ineedasername 7y agoYou're right, I'm wrong, it's a debt that counts against you, but also an asset that counts for you, cancelling each other out (assuming market value of the home == mortgage amount)