Tag: loan-to-value ratio tool
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Maximize Savings: Refinance Strategically with Lower LVR
Refinancing your home loan can be a savvy move to secure a better interest rate. One crucial factor to consider in this process is your loan-to-value ratio (LVR). Your LVR is the percentage of the property’s value that you need to borrow, with a lower LVR indicating a smaller loan amount relative to the property’s…