Assess your current property’s equity and determine how it could improve your borrowing capacity and help you buy your next home.When you own a property for some time, you are likely to have accumulated some equity. Home equity is the difference between your current property value and your outstanding loan balance. As a deposit for your next property purchase, home equity is useful since you can use it for that purpose.Use our home equity calculator to estimate your available equity.
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Your Funds Pty Ltd ABN: 18 662 986 521 Credit Representative # 545107 is authorised under Australian Credit Licence 389328. Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.