Answers to common questions
Frequently Asked Questions
The reality is there is no exact answer to this as there are numerous variables that need to be taken into consideration. At Kelston Capital, we are able to provide our clients with a detailed breakdown of what the repayments will be after each progress payment which is tailored to your development.
Equity is the difference between the market value of your home and the amount that you owe your lender. To calculate how much equity you have, simply deduct your loan balance from the estimated value of your home. IMPORTANT to note that this is not your useable equity. Your useable equity is going to depend on what your LVR is.