Equity Release Calculator

What is equity release?

Equity release means borrowing against the equity in your home — the difference between your property value and outstanding mortgage. It's commonly used to fund renovations, investment properties, or debt consolidation.

How LVR (loan-to-value ratio) works

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%.

• Lower LVR = more equity released, easier to get approved
• Higher LVR = less equity available, may need LMI (Lenders Mortgage Insurance)
• Typical limits: 80% for owner-occupied homes, 70–75% for investment properties

What affects equity release approval?

Lenders consider multiple factors beyond just LVR:

• Income and serviceability
• Employment history and stability
• Credit history and existing debts
• Property type (residential, investment, commercial)
• Loan structure (fixed vs. variable rate)

Next steps

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.