If you're wondering how much you can borrow against your existing properties, check out our calculator below. It will help you determine how much equity you have available across the properties you own, that can then be leveraged towards purchasing more property (useable equity). The calculator factors in current LVR restrictions for owner occupied properties, existing investment properties, and new build properties, and gives you the maximum purchase price you could afford for an existing property vs. a new build.
Note: This calculator only determines the potential equity for a deposit. Property investment feasibility is subject to servicing ability and other core policy requirements. Want more information? Download our free Property Investment Guide below.
Need more information? Download our free Property Investment GuideDownload Guide
Ready to get started on a mortgage application? Applying with Lateral is easy- simply click here to apply on our secure site.
We’ll ask for some further details of the property you’d like to purchase, along with information about your current living situation, income, assets and liabilities.
Once we’ve received your application, one of our team will be in touch to put your plans into motion and advise on the next steps. Should you require any assistance throughout the application, give us a call and one of our team will guide you through the process.
Ready to get started on your mortgage application?Apply
The Back My Build scheme by ASB and the Blueprint To Build scheme by ANZ, are two of the available products that borrowers can take advantage of.
Government Guarantee Scheme 101 — Lateral Partners | Finance Broker Auckland
If I cast my mind back to Q4 of 2021 we were in very different times.