Home Equity Calculator
How this works: Home equity is the difference between your property’s current market value and the balance left on your mortgage. This calculator reveals your total equity, your current LVR, and your “usable equity” (the cash you can potentially access up to an 80% LVR without paying LMI).
$
$
Total Home Equity
$450,000
Usable Equity (up to 80% LVR)
$270,000
Current LVR
50%
Disclaimer: This calculator is a general illustrative guide only. Actual usable equity depends on lender policies, income verification, and official property valuations. Seek professional financial advice.