27/08/2026
Have you been thinking about purchasing your first investment property, but you’re not sure if you’re actually in a position to do it? 🏠
Here’s an example of how the numbers could work:
🏠 Your home is worth $800,000
🏦 Your current mortgage is $470,000
Banks will generally lend up to 80% of the value of an owner-occupied home, so:
$800,000 × 80% = $640,000
Take away your existing mortgage:
$640,000 − $470,000 = $170,000 usable equity
For an investment property, we’re working on the bank lending up to 70% of the property’s value, meaning you’d need to contribute the other 30%.
$170,000 ÷ 30% = ~$567,000
So based on equity alone, you could potentially have enough to support the purchase of an investment property around the $565,000 mark. 🏠
And remember, the rental income from the new property can also help support your lending application.
Want to know what your numbers could look like?
Send me your property address and approximate current loan balance, and I’ll give you a quick idea of how much usable equity you might have.
📩 Send me a DM and I’ll run the numbers.
Figures are indicative only. Lending is subject to affordability, lender criteria and individual circumstances.
