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LVR
Loan to Value Ratio is the loan amount represented as percentage of the value of the property. For e.g. a $500,000 loan on a property worth $1,000,000 is a 50% LVR.
If you're taking out a conventional loan to buy a home, an LTV ratio of 80% or less is ideal.
Learn MoreThe Loan-to-Value Ratio is calculated by dividing the loan amount by the purchase price or valuation of the property you're buying, expressed as a percentage.
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