What are equity goals?
Equity goals are a Money Tank feature that let you set and track equity targets for one or more properties. They’re ideal for monitoring your wealth-building progress, planning ahead for renovations or refinancing, or working towards long-term investment milestones.
How to create an equity goal
Go to Money Tank.
In the My Goals widget, select the + button to open the Add Goal popup.
From the goal type selector, choose Equity.
Enter a Goal Name.
Select one or more properties from the dropdown — your starting equity value will populate automatically.
Set your target equity amount (this should be higher than your starting equity).
Choose your target end date.
Upload a picture for your goal (optional — you can add or change this later).
Add any notes you'd like to keep with the goal, then save.
Once your goal is created, you can select View Goals anytime to monitor your progress or update your details.
Please note: the property selection can’t be changed after creation, as the starting equity is locked to the goal’s start date.
FAQs
Q: What is equity?
A: Equity is the difference between your property’s market value and your outstanding loan balance.
Q: Is higher equity better?
A: Yes — higher equity generally means stronger financial position, better refinancing options, and more borrowing power for future investments.