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Example headline
If you’re taking the leap and buying your first home, understanding home loan terms and concepts can seem daunting. The loan to value ratio is the amount you're borrowing, represented as a percentage of the value of the property you’re buying. The bigger your deposit, the lower the LVR will be.
Subheadline
The LVR is calculated by dividing the loan amount by the purchase price or valuation of the property you’re buying, expressed as a percentage. For example, let’s say that you’d like to borrow $450k and the property price is $600k. The LVR of the home loan would be calculated like this:<br>($450k loan ÷ $600k property value) x 100 = 75% LVR.
Example headline 2
If you’re taking the leap and buying your first home, understanding home loan terms and concepts can seem daunting. The loan to value ratio is the amount you're borrowing, represented as a percentage of the value of the property you’re buying. The bigger your deposit, the lower the LVR will be.
Subheadline
The LVR is calculated by dividing the loan amount by the purchase price or valuation of the property you’re buying, expressed as a percentage. For example, let’s say that you’d like to borrow $450k and the property price is $600k. The LVR of the home loan would be calculated like this:<br>($450k loan ÷ $600k property value) x 100 = 75% LVR.
Example headline 3
If you’re taking the leap and buying your first home, understanding home loan terms and concepts can seem daunting. The loan to value ratio is the amount you're borrowing, represented as a percentage of the value of the property you’re buying. The bigger your deposit, the lower the LVR will be.
Subheadline
The LVR is calculated by dividing the loan amount by the purchase price or valuation of the property you’re buying, expressed as a percentage. For example, let’s say that you’d like to borrow $450k and the property price is $600k. The LVR of the home loan would be calculated like this:<br>($450k loan ÷ $600k property value) x 100 = 75% LVR.
Example headline 4
If you’re taking the leap and buying your first home, understanding home loan terms and concepts can seem daunting. The loan to value ratio is the amount you're borrowing, represented as a percentage of the value of the property you’re buying. The bigger your deposit, the lower the LVR will be.
Subheadline
The LVR is calculated by dividing the loan amount by the purchase price or valuation of the property you’re buying, expressed as a percentage. For example, let’s say that you’d like to borrow $450k and the property price is $600k. The LVR of the home loan would be calculated like this:<br>($450k loan ÷ $600k property value) x 100 = 75% LVR.