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Equity

Own funds not supplied by the mortgage. A liquidity reserve should be considered separately.

01

Simple definition

Own funds not supplied by the mortgage. A liquidity reserve should be considered separately.

02

Why it matters

This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.

03

Worked example

Paying transaction costs from equity reduces the loan but uses liquidity.