Equity Position Calculator

The equity calculator determines how much equity a property owner has available. It takes the current property value, subtracts the outstanding loan balance, and shows both total equity and usable equity (typically up to 80% LVR).

Usable equity is the amount that can be accessed without triggering LMI. For a property worth $800,000 with a $400,000 loan, total equity is $400,000 but usable equity is $240,000 (80% of $800,000 minus the $400,000 loan).

This calculator is essential for clients looking to buy an investment property using equity from their existing home, or for those considering a home upgrade.