What is Equity Release? | Access Equity Release
What is Equity Release? | Access Equity Release
Oct 28, 2024
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📞0459 348 384 | www.capxfinance.com.au . ✨Equity release explained -🎥 How to Use Equity to buy an investment property or to Upgrade your home! 🏡 without touching your savings! Example: Current Home Value: $850K Current Mortgage/home Loan: $400K Equity: $450K 80% of $850K{Current property value} = $680K $680K - $400K = $280K you can potentially cash out! To buy a new property- Price: $1.1M in QLD Costs: Stamp Duty, Transfer, Fees = $50K 20% Deposit Fees = $270K Your $280K equity release from y
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