Equity

Jargon Buster
Early Redemption Charge
15th May 2019
Exchange of Contracts
15th May 2019

This is the positive difference between the value of your property and the amount of any outstanding loans secured against it.

For example if your home was worth £300,000 and the mortgage on your property was £100,000 your equity would be £200,000.

×
Show Mortgage Calculator

Mortgage Amount £

Length of Mortgage

Enter the Interest Rate (%)

 

Monthly payments are

Capital and Interest £:

Interest Only: