Loan to Value Calculator
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Understanding LTV
Key considerations:
- Lower LTV ratios are preferred by lenders
- Conventional loans typically require 80% or lower LTV
- PMI usually required for LTV above 80%
- Higher LTV may result in higher interest rates
- Combined LTV includes all mortgages
Note: LTV requirements vary by loan type and lender. FHA loans may allow higher LTV ratios, while jumbo loans often require lower LTV ratios. Consult with lenders for specific requirements.