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  1. devank

    LMI - what would you do in this scenario

    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...
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