What is equity? FAQ

Posted Managing a Loan

Your home’s equity is the market value of the property minus the debt used to secure it. If you have built up equity in your home, either through paying down your loan ahead of schedule, or an increase in the value of your home, you may have opportunities to access this equity in the form of redraw, additional advance or via home loan refinancing.

Related Stories

Would you like to know more?

For more information please contact your Mortgage Broker or give us a call on 13 73 77 and tell us about your situation. The more we learn, the better we can help.

Contact Us