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Equity calculator

RAMS Home Loan Equity Calculator can help you estimate how much equity you have in your property and how much you could borrow against it. Plan your financial goals and make informed decisions about refinancing, renovating or investing.

Home loan equity calculator

Put simply, equity is the difference between the amount you owe on your home loan and the current value of your property. When buying a second home, you could use some or all of the available equity in your current property as a deposit for your new loan. 

Do you wish to calculate the useable equity in your current property?  Our handy tool can help! 

For best results, fill in the outstanding loan amount (including interest rate and home loan duration) and your property value to obtain an estimate of how much in useable equity you could unlock and what the new repayments of your existing home loan would be. 

Unlock Equity calculator


The formulas used to provide answers in these home loan calculator tables will provide close approximations of the real-life figures. They do not take into account such items as establishment or application fees, government charges and the like. They should be regarded as indicative only. Check with RAMS Home Loans for final figures. Loan terms of up to 30 years apply to RAMS’ home loan products.

Other calculators you might want to check out

Whether buying a new home, refinancing an existing home loan or investing in property, RAMS mortgage calculators can give you an estimate of what your repayments could be, based on your home loan amount, your loan type and the interest rate you think you'll be paying. Once you get an idea of your mortgage repayments from the calculator, together with the rest of your budget, you'll start to see whether you can realistically afford the home you want to buy. Your local RAMS franchisee can also help guide you through this process.

Upfront and ongoing costs calculator

Fees and costs when buying a house are not limited to the agreed property price. Government fees, Lenders Mortgage Insurance (where applicable), council rates and utilities all add up. That’s on top of upfront costs such as conveyancing fees, property inspections and removal costs. 

Offset calculator

An offset account is an everyday deposit account which is linked to your variable rate home loan: the money you hold in this offset account can reduce the amount of interest payable on your home loan.  Additionally, the offset account acts as an everyday account and you can access your funds anytime.

Stamp duty calculator

Don't be surprised by unexpected costs when buying a home. RAMS stamp duty calculator will show you how much in government fees and charges you can expect to pay in the state or territory you’re buying in. 

Speak to a home loan specialist