Home Equity Calculator
Calculates your home equity and how much of it lenders will usually let you use.
Your result
Estimate only. Results update as you type.
How this calculator works
Equity = value − loan. Usable equity = value × 80% − loan.
Worth knowing
Using equity means borrowing more. Your repayments rise, and so does your risk if prices fall.
Guides for this calculator
- Home Equity Calculator: Formula, Example and What the Result Means
- Home Equity: What to Check Before You Trust the Number
Questions
- Do these calculators match what my bank will say?
- Lenders use their own models, expense benchmarks and policies. Use these results to prepare, then speak to a lender or broker.
- Are stamp duty rates current?
- Duty thresholds are indexed or changed regularly. Always confirm with your state revenue office before relying on a figure.
- Is this financial advice?
- No. The calculators give general estimates only and don’t consider your objectives or financial situation.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.