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  1. R

    Loan type question

    Reply: 2.1.1 From: Rolf Latham Hiya Amy Yes if that 100 k equity is accesible. For example 400 k property with 300 k loan has 100 k equity BUT only 80 of the total security amount is available without mortgage insurance, so .8 * 400 = 320 - 300 (existing loan amount) = 20 000. Or at 90 %...
  2. R

    Loan type question

    Reply: 2 From: Rolf Latham Hi Anon Ill call you Mrs Flat :o) so we dont get you confused with any of the other anons. If you are going to use the equity growth of the flat as "deposit" money for more assets then you will find the flat will be "backing" a lot more than 100 k in 6 years...
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