Search found 3 matches
- Thu Mar 28, 2019 6:48 pm
- Forum: Home Loan Forum
- Topic: How do banks calculate the LVR for a refinance?
- Replies: 5
- Views: 15777
Re: How do banks calculate the LVR for a refinance?
I’ll be able to pay it down to 80% in a few months. The one thing I’m concerned about is the cost. How much does it cost to refinance?
- Thu Mar 28, 2019 5:18 pm
- Forum: Home Loan Forum
- Topic: How do banks calculate the LVR for a refinance?
- Replies: 5
- Views: 15777
Re: How do banks calculate the LVR for a refinance?
Yeah, that makes sense. My LVR based on the estimated current market appraisal is 83%. Will I be charged LMI again?
- Thu Mar 28, 2019 1:55 pm
- Forum: Home Loan Forum
- Topic: How do banks calculate the LVR for a refinance?
- Replies: 5
- Views: 15777
How do banks calculate the LVR for a refinance?
Hi, I’m looking to refinance our mortgage with NAB. We’re currently paying 4.80% and looking to get a better interest rate. I’m trying to figure out my LVR as I heard that this will affect my chances at approval. How do banks calculate the LVR for a refinance?