The amount of equity loan that you are eligible for depends on the value of your property. This means that when you apply for equity loans there is likely to be an evaluation of your property in order to assess the current market value of your home.
While the property valuation dictates the level of equity loan that you can expect, the exact amount can differ. Home loan calculators will help you understand the level to which you can stretch the home value in order to get the equity loan.
There are various ways in which you can increase the value of your home in order to get better equity loan eligibility. In most cases, what you will need to do is to fix some of the basic aspects in and around the house. Some aspects and repairs help in increasing the value easily and more conveniently. For example, fixing the roof is probably the first thing that you need to do in order to give a pleasant and neat feeling to those who come visiting for valuations.
Other repairs and top ups that you can consider include landscaping, painting the exterior and the interior walls and more. Once you have done the needful you can expect to get better equity loans. Home loan calculators can be used to assess the equity of your home so that you can also calculate the requirements if you are planning to sell this house and get yourself another one.

Home loan calculators for Australians are meant to aid in the process of calculating home equity so that you can also sell and buy simultaneously.