LTV & CLTV Calculator

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Calculate Loan-to-Value (LTV) and Combined Loan-to-Value (CLTV) ratios to assess lending risk.

Mortgage Details

Property Appraised Value ($)

Primary Mortgage Balance ($)

Secondary Loan / HELOC ($)

Enter 0 if no second mortgage

Risk Ratios

LTV (Primary)75.0%Standard low-risk

CLTV (Combined)75.0%Total debt ratio

Total Equity$100,000

Property Value Distribution

About this calculator

Overview

Loan-to-Value (LTV) is a crucial metric for lenders. It compares your mortgage amount to the property's value to determine the risk level of the loan.

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Pro Tips

Conventional lenders typically require Private Mortgage Insurance (PMI) if your LTV is above 80%.
Combined LTV (CLTV) is important if you're taking out a second mortgage or HELOC.
Improving your LTV can often lead to lower interest rates and the removal of PMI payments.

Fun Facts

Formula: LTV = (Primary Mortgage / Value) × 100 | CLTV = (Total Debt / Value) × 100