Maximum mortgage refinance value
$
|
0
|
$500,000
|
$1M
|
$1.5M
|
$2M
|
$2.5M
|
$3
$
|
0
|
$500,000
|
$1M
|
$1.5M
|
$2M
|
$2.5M
|
$3
Available Equity
X -   =  
(Property Value)   (Loan value ratio)   (Current Mortgage)   =   (Equity Available)
$
|
0
|
Max Equity
New Mortgage Amount
+   =  
(Current Mortgage)   (Additional Equity)   =   (New Mortgage)
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