
Mortgages
Freeing up Equity
If you currently own a property, you may be able to borrow from it to purchase a second home or investment property.

How does it work?
Your equity is essentially the difference between the current value of your property and how much you still owe on your mortgage. It started as the initial deposit on a home and as you pay off your home loan, your equity will grow.
If you currently own a property, you may be able to borrow from it to purchase a second home or investment property.
How does it work?
Your equity is essentially the difference between the current value of your property and how much you still owe on your mortgage. It started as the initial deposit on a home and as you pay off your home loan, your equity will grow.

Meet Annie and Mark
Annie and Mark have had their house valued at $760,000.

They have $210,000 left to pay on their home loan. That means they have $550,000 in equity.

They would like to purchase an apartment for their daughter Melanie as an investment. The apartment is worth $500,000.

Melanie does not have a deposit so Annie and Mark would like to use the equity of their home for the purchase. They agree on $200,000.

Annie and Mark now have their home and an apartment for Melanie worth a total of $1,260,000. They owe $710,000 and their equity across both properties is $550,000.

Annie and Mark have had their house valued at $760,000.

They have $210,000 left to pay on their home loan. That means they have $550,000 in equity.

They would like to purchase an apartment for their daughter Melanie as an investment. The apartment is worth $500,000.

Melanie does not have a deposit so Annie and Mark would like to use the equity of their home for the purchase. They agree on $200,000.

Annie and Mark now have their home and an apartment for Melanie worth a total of $1,260,000. They owe $710,000 and their equity across both properties is $550,000.

TO MAKE THE MOST OF YOUR INVESTMENT OPPORTUNITIES