Product: 5.65% Summer Rate - Floating
Type: residential
Max LVR: 75.0%
Amount Range: $0 - $5,000,000
Max Term: 360 months
Rate: 5.65%
Contact: | LOANS@CFML.NZ
Purpose: purchase
Property Type: residential
LVR: 70.0%
Amount: $490,000
Term: 300 months
Property Value: $700,000
Address: a a a
| Filter | Result | Client Value | Lender Requirement | Note |
|---|---|---|---|---|
| Loan Type | Pass | purchase (residential) | residential | |
| LVR Limit | Pass | 70.0% | 75.0% | |
| Loan Amount | Pass | $490,000 | $0 - $5,000,000 | |
| Security Type | Pass | residential | residential,apartment,lifestyle | |
| Credit Score | Fail | 610 | 650 | 610 < min 650 |
| Monthly Turnover | Pass | - | - | |
| Property Owner | Pass | Yes | Required | |
| Borrower Type | Pass | Investment | owner_occupier, investor |
| Dimension | Raw Score | Weight | Weighted Score | Visual |
|---|---|---|---|---|
| LVR Headroom | 25.0 / 100 | 25% | 6.2 |
|
| Lender max LVR 75.0% - Client LVR 70.0% = 5.0% headroom. Formula: min(100, headroom/20 x 100) = min(100, 5.0/20 x 100) = 25.0 | ||||
| Interest Rate | 95.7 / 100 | 25% | 23.9 |
|
| Rate = 5.65%. Formula: (20 - 5.65) / 15 x 100 = 14.35/15 x 100 = 95.7. (Scale: 5% = 100, 20% = 0, linear) | ||||
| Loan Amount Fit | 67.8 / 100 | 15% | 10.2 |
|
| Amount $490,000 is within range $0-$5,000,000. Mid = $2,500,000, distance ratio = 0.40. Formula: max(60, 100 - 0.40 x 80) = 67.8 | ||||
| Term Match | 0 / 100 | 15% | 0.0 |
|
| Client term 300mo > Lender max 12mo (for interest_only) -> 0 (term too long) | ||||
| Payment Flexibility | 80 / 100 | 10% | 8.0 |
|
| Lender offers 2 type(s): principal_and_interest, interest_only. Base = 2 x 33 = 66. Client prefers 'interest_only' which is available -> max(66, 80) = 80 | ||||
| Turnaround Speed | 80 / 100 | 10% | 8.0 |
|
| Turnaround 48h (<= 48h / 2 days) -> 80 | ||||
| TOTAL | 100% | 56.3 |
|
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