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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