Loan-to-Value (LTV) Calculator
Find a mortgage's loan-to-value ratio for a purchase or a refinance.
Change the values and press Calculate to work out your own figures.
Purchase
Enter the price, down payment and financed fees.
Show the working
- LTV = loan ÷ value
Refinance
Enter the home's value and what you owe.
Show the working
- LTV = loan ÷ value
How to use it
Enter the price, down payment and financed fees. Enter the home's value and what you owe.
Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.
Key facts
LTV = loan ÷ value
80%
At 80% LTV or less conventional loans need no mortgage insurance; above it lenders charge PMI or a higher rate.
Questions
What is the LTV of an $80,000 loan on a $100,000 home?
80%.
Formulas
LTV = loan ÷ value
Sources
Limitations
- Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
- Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.