This calculator provides a general estimate only. It uses the estimated home value minus the outstanding home loan and is not a property valuation, financial advice, credit advice, an offer of credit or an indication of lender approval. Accessible equity may be lower and depends on the lender’s valuation, lending limits, your financial circumstances, fees and eligibility criteria. Consider your circumstances and seek appropriately qualified advice before making a financial decision. Read more about home equity on Moneysmart.