This Loan to Value ratio calculator (LVR) will assist you in working out what the lending portion of your loan will be in relation to your deposit or down payment. Certain banking and lending institutions have restrictions on the amount that they can lend based on deposit or down payment amounts. An example of this in New Zealand is the restrictions around purchasers having a 20% deposit when buying a property.
For help getting approved for a home loan we recommend Stewart & Lord – Registered Financial Advisers. To contact Stewart & Lord please click here.
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