Why the 2 x 85%LVR is better than 1 x 90% LVR?
In this example, We have a loan amount of 400K.
@ 80% LVR, your loan is 320K. You get zero extra money (make this as the base case scnerio)
@ 85% LVR, your loan is 340K but you have 4K LMI => So your extra money is = 340-320-4 = 16K
@ 90% LVR...