Loan to Value Calculator
Loan to value, or LTV, is the loan as a share of what the property is worth. Enter the loan and the value to see the percent, and the part you pay yourself.
- Free
- Works offline after your first visit
- Saves on this device
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- Updated
How it works
LTV is the loan divided by the property value, shown as a percent. The rest of the value is your equity: the value less the loan.
Lenders often set limits by LTV. The value used is usually an appraisal, which can differ from the price you pay.
Worked example
A loan of $200,000.00 on a property worth $250,000.00 is an LTV of 80%. The rest, $50,000.00, is the part you pay yourself.
Questions
What is a good LTV?
Lenders set their own limits, and they vary by loan type. Ask your lender for its maximum.
How does LTV relate to a down payment?
The down payment percent and the LTV add up to 100 percent, so one tells you the other.
Which value should I enter?
Use the appraised value if you have one, since lenders usually base the loan on it. The purchase price is the other common choice.
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