Owning your home You’ve worked hard to buy a home. To support your continued success, let’s discuss what being a homeowner entails. Understanding your responsibilities Homeownership can be very rewarding, but it's important to remember that responsibilities, including continued budgeting and planning, are all part of the package. Your home's value Understanding how your home’s value can change over time is essential. Follow along as we discuss equity, amortization, your community and other key topics. Maintenance and renovations Similar to owning a car, your home will need regular upkeep and improvements to keep it safe, comfortable and protect its value. Additional homeownership costs In addition to paying monthly principal and interest on your mortgage, you’ll have other required expenses to factor in.