Loan to Value Ratio Calculator - Free LTV Calculator
Free loan to value ratio calculator for mortgages. Calculate LTV ratio, equity, PMI requirements, and analyze loan-to-value impact on mortgage terms. Our calculator uses LTV ratio formulas to determine mortgage terms and PMI requirements for home loans.
Last updated: October 19, 2025
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LTV Analysis
Loan Thresholds
80.00%
Loan-to-value ratio
$80,000
Current equity
Not Required
Private mortgage insurance
Standard Position
Your LTV ratio is standard, with typical loan terms and conditions.
Standard LTV
Your LTV ratio is standard, with moderate interest rates available.
Recommendations
Consider Larger Down Payment
Qualify for better interest rates
Medium PriorityDetailed Breakdown
| Category | Item | Amount | Description |
|---|---|---|---|
| Property Details | Property Value | $400,000 | Total property purchase price |
| Property Details | Loan Amount | $320,000 | Amount to be borrowed |
| Property Details | Down Payment | $80,000 | Initial down payment amount |
| LTV Analysis | LTV Ratio | 80% | Loan-to-value ratio percentage |
| LTV Analysis | Equity Amount | $80,000 | Current equity in property |
| LTV Analysis | Equity Percentage | 20% | Equity as percentage of property value |
| LTV Thresholds | 80% LTV Max Loan | $320,000 | Maximum loan for 80% LTV (no PMI) |
| LTV Thresholds | 90% LTV Max Loan | $360,000 | Maximum loan for 90% LTV |
| LTV Thresholds | 95% LTV Max Loan | $380,000 | Maximum loan for 95% LTV |
| Required Down Payments | 20% Down Payment | $80,000 | Down payment for 80% LTV (no PMI) |
| Required Down Payments | 10% Down Payment | $40,000 | Down payment for 90% LTV |
| Required Down Payments | 5% Down Payment | $20,000 | Down payment for 95% LTV |
| PMI Analysis | PMI Required | 0 | Private mortgage insurance requirement |
| PMI Analysis | Annual PMI Cost | 0 | Annual PMI cost if required |
Loan to Value Ratio Calculator Types & Features
LTV analysis
Ratio Calculation
Calculate LTV ratio and analyze mortgage terms
PMI analysis
Insurance Costs
Calculate PMI requirements and costs
Equity analysis
Home Equity
Calculate home equity and equity percentage
Mortgage analysis
Rate Impact
Calculate mortgage LTV and rate impact
Threshold analysis
Optimal LTV
Calculate LTV thresholds and optimal ratios
Comprehensive analysis
Full Analysis
Comprehensive LTV analysis and recommendations
Quick Example Result
For a $400,000 property with $320,000 loan:
LTV Ratio
80%
Equity
$80,000
How Our LTV Ratio Calculator Works
Our LTV ratio calculator calculates loan-to-value ratios and analyzes their impact on mortgage terms. The calculation applies LTV ratio formulas to determine mortgage terms, PMI requirements, and equity analysis for home loans.
LTV Ratio Formula
LTV Ratio = (Loan Amount ÷ Property Value) × 100Where LTV ratio determines PMI requirements and interest rates
Shows LTV ratio calculations and mortgage impact
Understanding LTV Ratio Impact
LTV ratio significantly impacts mortgage terms, interest rates, and loan requirements. Lower LTV ratios (60% or below) qualify for the best interest rates and eliminate PMI requirements. Higher LTV ratios (above 80%) typically require PMI and result in higher interest rates due to increased lender risk.
- LTV ≤ 60%: Excellent rates, no PMI, maximum flexibility
- LTV 60-75%: Good rates, no PMI, competitive terms
- LTV 75-80%: Standard rates, no PMI, typical terms
- LTV 80-90%: Higher rates, PMI required, limited options
- LTV > 90%: High rates, PMI required, restricted options
- PMI Cost: Typically 0.5% to 1.5% of loan amount annually
Sources & References
- Federal Housing Administration - U.S. Department of Housing and Urban DevelopmentOfficial guidelines for LTV ratios and mortgage insurance requirements
- Consumer Financial Protection Bureau - Mortgage Lending GuidelinesConsumer protection guidelines for mortgage lending and LTV ratios
- Fannie Mae Lending Guidelines - Fannie MaeConventional loan guidelines and LTV ratio requirements
Need help with other mortgage calculations? Check out our Utah mortgage calculator and PMI removal calculator.
Get Custom Calculator for Your PlatformLTV Ratio Calculator Examples
Property Parameters:
- Property Value: $400,000
- Loan Amount: $320,000
- Down Payment: $80,000
- Loan Type: Conventional
- Property Type: Single Family
- Occupancy: Primary Residence
Calculation Steps:
- LTV Ratio = $320,000 ÷ $400,000 = 0.8
- LTV Percentage = 0.8 × 100 = 80%
- Equity = $400,000 - $320,000 = $80,000
- Equity % = $80,000 ÷ $400,000 = 20%
- PMI Required = No (LTV ≤ 80%)
- Rate Impact = Standard rates
Result: LTV Ratio = 80%, Equity = $80,000, No PMI Required
This LTV ratio qualifies for standard mortgage rates without PMI.
High LTV Example
$400,000 property with $360,000 loan (90% LTV)
LTV: 90%, PMI Required: Yes
Low LTV Example
$400,000 property with $240,000 loan (60% LTV)
LTV: 60%, Best Rates Available
Frequently Asked Questions
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