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LVR

LVR

LVR stands for loan-to-value ratio, which is the ratio set by lenders for each home loan that represents how much of the total purchase price you can actually borrow and is expressed as a percentage. For example, if the home you wish to purchase is valued at $400,000 and the home loan has a LVR of 80 percent then you will be able to apply for a loan for $320,000 and you will need a deposit for the remaining 20 percent or $80,000.

The higher the LVR the less deposit you will require and the more you can essentially borrow, and the lower the LVR the more deposit you will need and the less you can borrow.

To find a home loan to suit you, check out our home loans page and start comparing today. The table table lists all home loans currently advertised with an LVR of 90 percent and an AAPR less than 7 percent.

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