What is LVR?

LVR, or Loan to Value Ratio is the term used by lenders to describe the ratio of a loan to the value of the property being purchased, expressed as a percentage. For example, if you’re buying a unit valued at $500,000 and you have a deposit of $100,000, your loan is going to be 80% of the full price. Therefore your LVI is 80. An LVI of 80 is generally the maximum ratio before you may have to pay Lenders Mortgage Insurance.

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