What does LVR Calculator do?
LVR calculator for Australian home loans. Find your loan-to-value ratio, deposit percentage and the deposit needed for 80% LVR, where LMI usually starts.
- Price
- Free
- Account
- Not required
- Processing
- Entirely in your browser; your data and files are not uploaded
- Works on
- Any modern browser on desktop, tablet or phone
- Region
- Australia (AUD)
- Category
- Financial Calculators
How to use the lvr calculator (loan to value ratio)
- Enter the property price.
- Enter your deposit, or switch to entering the loan amount.
- Choose a target LVR, such as 80%, to see the deposit you would need.
- Optionally enter the lender’s valuation if it is lower than the price.
- Read the LVR, deposit percentage and the table of loan and deposit at common LVRs.
Worked example
$800,000 property with a $120,000 deposit
The loan is $680,000, so the LVR is $680,000 ÷ $800,000 = 85% and the deposit is 15%. That is above the 80% level where lenders commonly charge lenders mortgage insurance. Reaching 80% LVR needs a $160,000 deposit, $40,000 more. If the lender valued the property at $760,000, a $640,000 loan would be an LVR of 84.2%, not 80%.
How it works
LVR = loan ÷ property value × 100, where the value is the price or, if you enter a lower lender valuation, that valuation. Deposit % = (price − loan) ÷ price × 100. The largest loan at a target LVR is value × target ÷ 100, and the deposit needed is the price minus that loan.
Assumptions
- The deposit is what goes towards the price after buying costs such as stamp duty and legal fees.
- The 80% LMI threshold is a common lender practice described by Moneysmart; each lender sets its own policy.
- LMI premiums are not estimated, because they are set by each lender and insurer and there is no official lender-independent table.
Frequently asked questions
What is a good LVR?
At or below 80% lenders commonly do not charge lenders mortgage insurance. Above 80% you will usually pay LMI unless you are eligible for a government scheme or a lender exemption. A lower LVR also leaves more equity if property prices fall.
What is lenders mortgage insurance?
Insurance that protects the lender, not you, if you cannot repay. Moneysmart describes it as usually a one-off cost payable when you borrow more than 80% of the property value. It can often be added to the loan, which raises your LVR and the interest you pay.
Can I buy with less than a 20% deposit without LMI?
Under the Australian Government 5% Deposit Scheme (formerly the Home Guarantee Scheme), eligible first home buyers can buy with a 5% deposit and eligible single parents or legal guardians with 2%, without LMI. Property price caps apply by location and you apply through a participating lender. Check details at firsthomebuyers.gov.au; these facts were checked on 6 October 2026.
Why does the lender’s valuation matter?
If the lender values the property below the price, the LVR is worked out on the lower figure, so you may need a bigger deposit to stay under 80%.
Limitations
- Does not estimate LMI premiums or check eligibility for government schemes.
- Lenders apply their own maximum LVRs, which vary by property type, location and loan purpose.