LVR Calculator
LVR Calculator: Work Out Your Loan to Value Ratio
Enter the property value and your loan to see your LVR, and how much deposit or equity it would take to reach 80%, the level where most lenders don’t charge lenders mortgage insurance.
Your LVR
Use the purchase price, or a recent valuation if you’re refinancing.
Enter the property value and loan amount to see your LVR.
Results are estimates only, based on the figures you enter. They aren’t a quote, an approval or a loan offer, and they don’t consider your objectives, financial situation or needs. Each lender sets its own LVR limits and LMI rules. Lending criteria apply.
How it works
LVR = loan ÷ value × 100.
If you borrow $480,000 to buy a $600,000 home, your LVR is 80%. If you refinance a $540,000 loan on a home valued at $900,000, your LVR is 60%.
Why 80% matters
Above 80%, most lenders charge lenders mortgage insurance, a one-off cost that protects the lender. At or below 80%, you usually have more lenders to choose from and no LMI. Read the full LVR guide.
Refinancing or investing?
As your loan reduces and your property’s value changes, your LVR falls. That can open up sharper pricing or let you use your equity. Try the equity calculator.
Questions
Common questions, straight answers.
What is a good LVR?
80% or below is the usual target, because most lenders don’t charge lenders mortgage insurance (LMI) at that level. Some lenders price lower LVRs, such as 70% or 60%, more sharply.
Does the lender use my price or their valuation?
For a purchase, lenders use the lower of the contract price and their valuation. For a refinance, they use their valuation. A low valuation means a higher LVR.
Can I borrow above 80% LVR?
Often, yes, usually with LMI. Eligible first home buyers may buy with a smaller deposit and no LMI under a government scheme, and a family guarantee can help some buyers.
Want to know what your LVR means for you?
No obligation. No pressure. Just honest answers.
We don’t charge you for our service. Lenders pay us a commission if you go ahead with a loan.