Commercial LVR
- Thread starter Glenn
- Start date
Reply: 1
From: Geoff Whitfield
Glenn,
I enquired about a semi-commercial loan (shop with attached flat) with my bank some months back. The LVR ration was 80%- but the killer was the P & I loan with a 10-year period. That would have made weekly payments on a $200,000 property go from $250pw (IO) to $640 pw.
Geoff
From: Geoff Whitfield
Glenn,
I enquired about a semi-commercial loan (shop with attached flat) with my bank some months back. The LVR ration was 80%- but the killer was the P & I loan with a 10-year period. That would have made weekly payments on a $200,000 property go from $250pw (IO) to $640 pw.
Geoff
Last edited by a moderator:
Reply: 2
From: Rolf Latham
Hi Glenn
66 to 80ish LVRs are common, It really depends on the specifics
Ta
Rolf
From: Rolf Latham
Hi Glenn
66 to 80ish LVRs are common, It really depends on the specifics
Ta
Rolf
Last edited by a moderator:
