Put it into context
Divide the loan amount by the property value and multiply by 100. An A$600,000 loan against an A$800,000 value gives 75% in simple arithmetic. Lenders may use their own valuation, include other secured facilities or apply a different assessment scope, so your worksheet percentage may not match theirs. LVR is a borrowing measure, not a net worth figure or an approval decision. ASIC Moneysmart discusses LVR in its home-loan guidance. Keep the dated loan balance and value source in your records.
