What Is Home Equity? (And How to Calculate Yours)
Home equity is the slice of your property you actually own. How to calculate it, what 'usable equity' means under the 80% rule, and what it could fund.
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Home equity is the slice of your property you actually own. How to calculate it, what 'usable equity' means under the 80% rule, and what it could fund.
Your loan to value ratio affects your deposit, LMI costs and interest rate. Learn how LVR works, why 80% matters, and how some borrowers skip LMI at 95%.
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