Loan to Value Ratio (LVR) Calculator
LVR is important in determining how much you may be able to borrow or the interest rates you might be eligible for. See how your purchase price and deposit stack up using our LVR calculator. Remember, you'll need an LVR of 95% or less to apply for a home loan with us.
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In less than five minutes, find out what indicative interest rateˇ you might be eligible for.
Won’t impact your credit score
What other home buyers are asking about LVR
There's no point re-inventing the wheel. Here's what other savvy home buyers are frequently asking us. If you're still stuck for help, then why not check out all of our home loan FAQs.
What is Loan to Value Ratio (LVR)?
Loan to Value Ratio, also known as LVR, is the ratio of the value of the property to the value of the loan as a percentage. For home buyers' the size of the deposit plays a key role in determining the LVR, as the larger your deposit, the lower your LVR will be. Your LVR can impact interest rates and products that may be available to you, and it can determine whether you’ll need to pay lenders' mortgage insurance (LMI) or other lender risk fees.
Example
To calculate your LVR, divide the amount you need to borrow (e.g. $400,000) by the value of the property (e.g. $500,000) and multiply this by 100 to give you a percentage.
$400,000/$500,000 x 100 = 80% LVR. This would mean you need a 20% deposit or equity of $100,000 towards your $500,000 property.
Let's crunch those numbers
Our calculators are here to help you along your home buying journey. From working out stamp duty to helping you calculate your borrowing power or repayments.
Borrowing Power
Interest Rate Calculator
Mortgage Repayments
Stamp Duty
Need some help with your home loan?
Whether you’re confused about the purchase process, wondering what LMI or LVR mean, or are looking for help along the way, our resources are here to make sense of all that finance jargon.
Important information
Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. All applications are subject to credit assessment, loan eligibility and lending limits. Terms, conditions, fees and charges apply. If you require financial or tax advice you should consult a licensed financial or tax adviser
The results of the LVR calculator are based on information you have provided and is to be used as a guide only. Calculator by Widget Works.
ˇ An indicative interest rate and estimated repayments are not a formal approval for a loan, so don’t enter any financial commitments based on it. They are a guide only, based on the basic information you provide and the credit score we obtain for the primary application and is not a suggestion or recommendation of any loan product.
