Equity Calculator
Calculate your usable equity for your next property purchase
Your Property
$
Estimated market value of your property
$
Remaining mortgage balance
%
Most lenders allow up to 80% LVR
Enter your property value to get started
Results will update in real-time as you type.
How to use this calculator
When to use this
You already own a property and want to know if you have enough equity to buy another one.
Steps
- Enter your property's current market value (check recent sales nearby for a rough idea).
- Enter your remaining loan balance (check your bank app or last mortgage statement).
Understanding your results
- Usable equity is the amount you can actually access for another purchase. Banks typically let you borrow up to 80% of your property's value — usable equity is that 80% minus what you still owe.
- What could you buy? estimates the maximum purchase price of your next property, using your usable equity as a 20% deposit.
Tips
- Get a formal valuation if you think your property has grown significantly — online estimates can be off by 10–15%.
- Usable equity can be accessed via a loan increase or line of credit — talk to your broker about the best option.