Loan-to-Value (LTV) Calculator
Work out the loan-to-value ratio of a mortgage, your equity share and the largest loan or smallest down payment at an LTV limit.
A simple estimate. Lenders set their own limits and also look at income, debt and the valuation they accept.
About this tool
Enter the property value and either the loan or your down payment to get the loan-to-value ratio (LTV), how much of the home you own, and how far you are from an LTV limit such as 80% or 90%. Add any other loans secured on the home to get the combined LTV. The working is shown so you can check the numbers.
Frequently asked questions
Divide the loan by the property value and multiply by 100. A 320,000 loan on a 400,000 home is 320,000 ÷ 400,000 = 80% LTV, which means an 80,000 (20%) down payment. If you put down 40,000 instead, the loan is 360,000 and the LTV 90%.
Combined LTV counts every loan secured on the home. With a 300,000 mortgage and a 25,000 home equity loan on a 350,000 home, the CLTV is (300,000 + 25,000) ÷ 350,000 = 92.86%. Enter the second loan under other debt to get it.
In the US, private mortgage insurance (PMI) on a conventional loan can be cancelled at your request once the balance reaches 80% of the home’s original value, and it ends automatically at 78%, under the Homeowners Protection Act. Original value means the lower of the purchase price and the appraisal when the loan was made.
Put more money down, pay down the loan faster, or choose a cheaper home. On a 400,000 home, every extra 4,000 you put down lowers the LTV by one percentage point. A higher valuation also lowers it, but lenders decide which value they accept.
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