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What Is Negative Equity on a Loan?
Negative equity happens when the value of an asset, like a car or home, is less than the remaining balance on the loan used to buy it. This is also known as being “underwater” or “upside down” on a ...
With home prices slipping in some areas and mortgage rates still elevated, more homeowners are finding themselves in a tough spot—owing more on their mortgage than their home is currently worth.
Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...
Car Pro Show host Jerry Reynolds has tackled the topic of being upside down in your vehicle - when you owe more than it's worth - on his FAQ page and has repeatedly warned of the dangers on the Car ...
Negative equity in old cars being traded in for new cars is at an all-time high. According to a new study from Edmunds, 24.2 percent of trade-ins have negative equity, and the average amount of the ...
That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...
What happens if your car has negative equity? A viral video lets people know that sometimes your car is worth less than the amount you owe on your auto loan. The car in question, a Kia, had a ...
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