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How much equity do I have a with a £66,000 mortage?

Thinking of remortage, I have a £66,000 mortage, how much equity do I have if the house value is aound £100,000 to £105,000?

Asked on Mar 12 2011, Home Finance in Caerphilly | Report content

Answers (2)

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  • Your existing equity is about 33%. You may be able to raise more capital by remortgaging.

    Answered on Mar 12 2011, Report content
  • If you deduct the mortgage amount from the value of your house, then your equity equals £34,000

    Answered on Mar 12 2011, Report content

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