Calculate how much home equity you can release or refinance based on your loan-to-value ratio (LVR) limits.
This estimate assumes the LVR limit is the only constraint. Lenders also consider income, expenses, and credit history. Speak with a mortgage broker for a pre-approval.
Use EquitySight to model how equity release affects your loan, plan renovations, and project rental returns.
Get started free โDisclaimer: This information is general only. Always consult with a licensed financial adviser, accountant, and bank before using equity release for investment or renovation.
Equity release means borrowing against the equity in your home โ the difference between your property value and outstanding mortgage. It's commonly used to fund renovations, investment properties, or debt consolidation.
LVR is the percentage of your property value you owe on the mortgage. For example, a $500,000 home with a $400,000 mortgage has an LVR of 80%.
Lenders consider multiple factors beyond just LVR:
Use this calculator to understand your borrowing capacity, then contact a mortgage broker or your bank for a formal pre-approval with specific terms and rates.