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  1. Jamie M

    Mortgage brokers

    Pete knows I love him xoxo Cheers Jamie
  2. Jamie M

    Mortgage brokers

    lol - pretty sure my basketball court has actually devalued my home.....it's taken up half the backyard :eek: Cheers Jamie
  3. Jamie M

    Mortgage brokers

    Scuba gear? :) Cheers Jamie
  4. Jamie M

    Mortgage brokers

    Hey Brian Take 80% of your properties value - which is $512k Subtract your current loan of $430k from the $512k and you've got $82k in accessible equity. Note: That's taking your borrowings up to 80% - some lenders will allow you to go higher than that but there's LMI involved...
  5. Jamie M

    Mortgage brokers

    Hiya and welcome How are you calculating equity? There's a difference between "actual" equity which is the value of your home minus the loan and "accessible" equity which the bank will actually allow you to borrow. Thanks cjay - I feel like heading to the beach now. Cheers Jamie
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