LTV Calculator
Calculate Loan to Value ratio for mortgage and refinancing decisions
LTV Analysis
LTV Ratio
Combined LTV
Available Equity
Max Conventional Loan
Max Cash-Out Refi
Equity Position
Understanding LTV
Loan-to-Value (LTV) ratio is a crucial metric used by lenders to assess the risk of a mortgage loan. It represents the percentage of your property's value that is borrowed. A lower LTV ratio indicates less risk for the lender and often results in better loan terms for the borrower.
Key Considerations
- Lower LTV ratios are preferred by lenders and indicate lower risk
- Conventional loans typically require 80% or lower LTV
- PMI (Private Mortgage Insurance) is usually required for LTV above 80%
- Higher LTV may result in higher interest rates
- Combined LTV includes all mortgages against the property
- FHA loans may allow higher LTV ratios (up to 96.5%)
- Better LTV ratios can help with refinancing opportunities
References
The LTV calculations and guidelines used in this calculator are based on information from recognized financial institutions:
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. This calculator provides estimates for educational purposes only.
Recommended Calculator
Casio FX-991ES Plus
The professional-grade scientific calculator with 417 functions, natural display, and solar power. Perfect for students and professionals.
View on Amazon