Free tool
Caveat Loan Feasibility Checker
Six questions about your property, your deadline and your way out. Instant, private and indicative: your equity position, the structure that may fit, a funding timeline and an exit-plan checklist.
Combined LVR after the loan
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- Loan amount (cash + costs)
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- Equity left after the loan
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- Room before "tight" band
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- Your exit must cover at least
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Structure that may fit
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Your funding timeline
Your exit-plan checklist
0 of 0 ready. Tick what you already have.
Happy with the numbers? Let a real person check them
Send the same details through our 60-second enquiry. There's no credit check to enquire, your details stay with one team rather than a list of lenders, and a specialist calls to confirm the equity, the structure and the timeline. The more accurate your figures, the faster that call gets to a real answer.
No credit check to enquire
Not sprayed to a lender list
A real person on your file
Indicative only. This checker uses its own guide bands and your figures; it isn't a lender's policy, a valuation or an offer of finance. Speed figures are what's possible on property-secured loans when the file is ready, not a promise. Business purposes only.
How the checker works
The checker does the same first-pass arithmetic a caveat lender does, then layers on the questions that decide which structure makes sense.
1. Combined LVR
It adds your existing secured debt to the loan amount — the cash you need plus any cost of finance you entered — and divides by the property value. That's your combined loan-to-value ratio. Our page on how much you can borrow explains why lenders look at the combined figure rather than the new loan alone.
2. Indicative bands
The result is placed in one of four bands: comfortable, workable, tight or stretched. For residential property, the bands break at 60%, 70% and 80%. Commercial and industrial property is treated a little more conservatively, and vacant land, rural and specialised property more conservatively again. These are the checker's own guide bands, reflecting how conversations usually go — every lender sets its own limits.
3. Structure fit
Next it weighs the term until your exit, the urgency and whether there's already a mortgage on the property:
- Short term with debt already on title points towards a caveat-style facility. See what a caveat loan is.
- A longer runway behind an existing mortgage points towards a registered second mortgage. Compare them on caveat vs second mortgage.
- An unencumbered property often suits a first mortgage, unless speed and a very short term make a caveat the better tool.
- A stretched LVR points to borrowing less, adding security or looking at other structures, including unsecured options typically from $5k to $500k for trading businesses.
4. Timeline and checklist
Finally, it builds a funding timeline based on your urgency, amount and property type, and an exit-plan checklist for the exit you chose. On property-secured loans, $20k to $250k is possible the same day and up to $5m is possible within 24–48 hours — the timeline shows what needs to be true for that to happen. For the full list of what slows files down, read what slows a caveat loan.
Getting the most accurate result
The checker is only as good as the numbers you give it. Three habits make it far more useful:
- Use payout figures, not balances. Ask your lender for a payout figure — it includes accrued interest and discharge costs.
- Be conservative on value. A written appraisal or recent comparable sales beat an old purchase price.
- Be honest about the exit date. The term should be your realistic exit plus a buffer. Our exit strategy page explains how to set it.
If you'd rather not do the maths at all, send your details to a specialist and we'll do it with you on the phone.
Checker questions
Is the result an offer or approval?
No. It's an indicative guide to help you plan and to make your first conversation faster. A lending specialist confirms what's possible after looking at the property, the valuation, the documents and your exit.
Where do the LVR bands come from?
They're this checker's own indicative guide bands — comfortable, workable, tight and stretched — adjusted for property type. They reflect how conversations usually go, but every lender sets its own limits, so treat them as a guide, not a policy.
Why doesn't the checker ask for an interest rate?
Because we never publish or assume rates — every loan is priced on its own facts. Instead, you can enter an estimated total cost of finance in dollars, and the checker shows what your exit needs to cover.
What should I enter as existing secured debt?
The payout figure on every loan secured on the property — first mortgage, any second mortgage or existing caveat — plus any undrawn line of credit or redraw limit secured on it, because some lenders count the full limit.
Does using the checker affect my credit file?
No. The checker runs entirely in your browser and doesn't collect or send anything. Enquiring with us doesn't involve a credit check either.
What if the checker says a caveat isn't the best fit?
That's useful to know. It may point to a registered second or first mortgage, adding security, borrowing less or an unsecured option. A specialist can talk through the alternatives with you.
Numbers look workable? Let's make it real
A specialist checks the equity, the structure and your exit, then tells you honestly what's achievable by your deadline. No credit check to enquire.
No credit check to enquire
Not sprayed to a lender list
A real person on your file