Equity is not the same as usable equity. The gap between the two is where most plans quietly fall over.
The rough calculation
Take the value of a property, take 70 percent of it, and subtract what you still owe. Whatever is left is usable equity in most standard scenarios. Add cash savings on top. The calculator on the home page does this across multiple properties.
Why the number moves
- Valuations are opinions and lenders order their own
- Servicing matters as much as equity, and it is tested at rates above the current one
- Ownership structure and loan type change what is available
Treat any figure you calculate yourself as a rough guide only. Your lender confirms what you can actually borrow.