Why does the borrowed funds in order to Well worth Ratio calculator performs?

Why does the borrowed funds in order to Well worth Ratio calculator performs?

*Property value is ANZ’s valuation of the safeguards possessions and may vary on the rates you only pay getting property.

Your loan so you’re able to Well worth Proportion (LVR) is the amount you are looking so you can use, calculated since a portion of the value of the house or property you are interested*. For-instance if you are borrowing payday loan Fairmount from the bank $eight hundred,100 to order a great $five hundred,000 property, your LVR could be 80% (just like the $eight hundred,100 is actually 80% out of $five hundred,000).

The newest calculator will show your own estimated LVR game around you to quantitative point. As an example whether your projected LVR try calculated since %, it might be rounded to 80.1%.

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