Loan-to-Value (LTV) Calculator

Find your LTV, combined LTV and equity, and how far you are from a target like 80%.

$
The lower of appraised value and price, for a purchase.
$
$
$
For HCLTV.
80% drops PMI on most conventional loans.
Fractions and decimals both work.
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LTV
Combined LTV (CLTV)
HCLTV
Equity
To reach target
Could borrow at target CLTV
PMI

Saved

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PropertyValueLTVCLTVEquityRemove

How to Calculate Loan-to-Value

Loan-to-value (LTV) compares what you owe to what the home is worth. Lenders use it to price loans, require mortgage insurance, and set how much you can borrow against your equity.

LTV = first mortgage ÷ home value
CLTV = (all mortgage balances) ÷ home value   HCLTV = (all balances + unused HELOC line) ÷ home value

Worked Example

Common LTV Thresholds

LTVWhat It Usually Means
80% or lessNo PMI on a conventional loan; best pricing
78%PMI ends automatically on schedule (Homeowners Protection Act)
Up to 97%Some conventional first-time buyer programs
96.5%FHA with 3.5% down
80–90% CLTVTypical cap for home equity loans and HELOCs

Thresholds vary by lender and program.