Home Equity Calculator

What is Home Equity?

Home equity is the difference between your property's current value and your outstanding mortgage balance. It represents the portion of your home that you truly own, and it's one of your most valuable financial assets. Our calculator makes it easy to determine how much equity you have available to borrow against.

How Our Home Equity Calculator Works

Simply enter your property value and existing loan amount, and our calculator instantly provides:

• 80% LVR equity - Maximum equity with lower LMI costs

• 90% LVR equity - Increased borrowing with moderate LMI

• 95% LVR equity - Maximum accessibility (up to $1.5M) with no LMI for first-home buyers

Each LVR (Loan-to-Value Ratio) option shows exactly how much additional funds you could access.

Why Calculate Your Home Equity?

Understanding your equity position empowers you to make better financial decisions. Whether refinancing, investing in property, or consolidating high-interest debt, knowing your equity helps you plan with confidence. Our calculator provides estimates based on current NSW rates, giving you a realistic picture of your borrowing capacity.

LMI Estimates Included

Lenders Mortgage Insurance (LMI) costs vary by LVR percentage. Our calculator automatically factors in LMI estimates so you see the true cost of each borrowing option. This transparency helps you compare different loan scenarios and choose the most cost-effective solution.

Professional Accuracy You Can Trust

While our calculator provides reliable estimates, always confirm exact figures with Buyvest or your lender before making financial decisions. Property values and lending criteria change regularly, so current professional advice ensures you have the most accurate information.