Tool
Loan-to-Value Calculator
Calculate LTV ratio from loan amount and property value.
Real Estate Calculators
What this tool does
Determine how much of a property's value is financed. Lenders use LTV for pricing, PMI requirements, and refinance eligibility.
How to use
- Enter the loan amount or remaining balance.
- Enter current property value or appraised value.
- Review LTV percentage and compare with lender guidelines.
Formula
LTV = (loan amount ÷ property value) × 100
Examples
Purchase with 20% down
Input: Loan: $280,000, Property value: $350,000
Output: Loan-to-value (LTV): 80.00%
280,000 ÷ 350,000 × 100 = 80% LTV.
Assumptions
- Property value is a current market or appraised estimate.
- Loan amount reflects first-lien financing unless noted otherwise.
- Estimate only. Not financial advice or a lending decision.
Common use cases
- Check PMI requirements before closing
- Evaluate refinance equity positions
- Compare down payment scenarios
FAQ
What LTV avoids PMI on conventional loans?
Many conventional programs target 80% LTV or lower for primary residences, but rules vary.
Should I use appraised or purchase price?
Lenders typically use the lower of appraised value or purchase price at closing.
Is this financial advice?
No. LTV thresholds and pricing depend on lender, occupancy, and product type.
Source notes
- LTV = loan balance divided by property value, expressed as a percentage.
- Combined LTV (CLTV) including second liens is not modeled in this version.
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Last reviewed: 2026-05-23