Loan to Value Calculator for Calculating LTV Ratio

Loan to Value Calculator Sign

This calculator will calculate the LTV and CLTV ratios for either your present home or a home you are looking to purchase.

The calculator also allows you to enter up to three mortgages taken out against a single property.

Finally, the calculator will display a pie chart to give you a visual reference of the equity versus the total of outstanding liens.

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Loan to Value Calculator

Calculate loan-to-value ratio for up to three mortgages (1st, 2nd, and 3rd).

Special Instructions

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Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Home value:Est. home value:Estimated home value:Estimated home value:

Estimated home value:

Enter the estimated value of your home, without the dollar sign and commas. If you are not sure what your home is worth, research what homes similar to yours are selling for in your area. That should give you a fairly good estimate.

1st mtg bal:1st mtg balance:First mortgage balance:First mortgage balance:

First mortgage balance:

Enter the current principal balance (payoff amount) of your first mortgage, without the dollar sign or commas.

2nd mtg bal:2nd mtg balance:Second mortgage balance:Second mortgage balance:

Second mortgage balance:

Optional: Enter the current principal balance (payoff amount) of a second mortgage if you have one, without the dollar sign or commas.

3rd mtg bal:3rd mtg balance:Third mortgage balance:Third mortgage balance:

Third mortgage balance:

Optional: Enter the current principal balance (payoff amount) of a third mortgage if you have one. Include any other liens you might have against your home. Leave out the dollar sign and commas.

Total owed:Total amt owed:Total amount owed on home:Total amount owed on home:

Total amount owed on home:

This is the total of all mortgages and liens against your home.

1st LTV:1st LTV ratio:First mortgage LTV ratio:First mortgage LTV ratio:

First mortgage LTV ratio:

This is the Loan-to-Value Ratio for just your first mortgage.

2nd LTV:2nd LTV ratio:Second mortgage LTV ratio:Second mortgage LTV ratio:

Second mortgage LTV ratio:

This is the Loan-to-Value Ratio for just your second mortgage.

3rd LTV:3rd LTV ratio:Third mortgage LTV ratio:Third mortgage LTV ratio:

Third mortgage LTV ratio:

This is the Loan-to-Value Ratio for just your third mortgage and/or other liens.

Total LTV:Total LTV ratio:Total Loan-To-Value ratio:Total Loan-To-Value ratio:

Total Loan-To-Value ratio:

Based on your entries, this is your total combined Loan-to-Value Ratio.

If you would like to save the current entries to the secure online database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Help and Tools


What LTV is and what the numbers mean.

What is LTV?

Loan-to-Value (LTV) Ratio is an assessment used by lenders to determine the risk involved with granting a mortgage to the home buyer.

LTV is also used by lenders to see if they can manage to get you to borrow back the principal and down payment monies you've already paid out (line of credit or home equity loans).

How is LTV calculated?

To calculate LTV, you add up all mortgages and liens against the property, and then divide that result by the estimated value of the property.

For example, if the total owed on the property is $120,000, and the market value of the property is $150,000, the LTV would be equal to $120,000 ÷ $150,000. This would result in an LTV of .80, or 80%.

What Do the Numbers Mean?

A Loan-to-value Ratio of 80% or lower is usually needed to secure a mortgage. LTV ratios above 80% usually require the buyer to purchase Private Mortgage Insurance (PMI) to be approved for a mortgage.

If you have an existing home loan and you've been required to pay PMI (Private Mortgage Insurance), it might pay to keep a close watch on your LTV. Once it drops below 80%, you might be able to get your lender to drop the PMI requirement.

However, you may be required to pay to have an appraisal done on your home before your lender will allow you to drop the PMI. But be forewarned, paying for the appraisal does not guarantee that you'll be permitted to drop PMI.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.