minimum amount you take in Equity.

Hi All.

Im just curious when your unlocking equity from a property of your own is there a limit amount that you wont bother taking the equity? and why?

For example, I have recently had my bayswater WA property valued.
Came back at $575,000.
Owe $504,000.
So.... 90% LVR would equal $517,500.
Possible equity release $ 13,500.

Is it worth it to even take? Or is possible to go 95% equity release?

The original Home loan was 95% lend on a 513k purchase price.

I have topped on this property once before.
Lender CBA.

Thoughts........

minimum amount you take in Equity.