Mortgages

Loan-to-Value Ratio (LTV)

The loan amount divided by the property value, expressed as a percentage. An 80% LTV means 20% down payment. Higher LTV typically requires PMI and may mean higher rates.

Related Terms

Down Payment
Private Mortgage Insurance (PMI)
Equity

Related Calculators

PMI Calculator
Mortgage Calculator

Understanding Loan-to-Value Ratio (LTV)

Loan-to-Value Ratio (LTV) is a key concept in mortgages. Understanding this term helps you make more informed financial decisions. Use our related calculators above to see how loan-to-value ratio (ltv) affects your specific situation.