You could buy another property for up to
$0
Your options include:
New Home to Live In
$300,000
Price of home for your family to live in.
Loan amount: $170,000
Holiday Home
$300,000
Price of vacation property.
Loan amount: $170,000
Existing Investment
$300,000
Price of existing rental property.
Loan amount: $170,000
New Investment
$300,000
Price of new rental property.
Loan amount: $170,000
This is based on your current home value, mortgage amount and savings.
Your Total Equity
$300,000
This is the equity/wealth that you have within your home + any savings.
Your Useable Equity
$140,000
This is the equity within your home (+ any savings) which can be used for purchasing investments.