# How To Calculate Loan To Value Ratio

The borrower with a lower ratio, on the other hand, is less of a risk and will receive the best mortgage rates. Determining a loan-to-value ratio is helpful when considering a new mortgage loan, refinancing a current loan or when you are trying to justify removing the private mortgage insurance payments.

Calculating your loan-to-value ratio Your loan-to-value ratio (LTV) is another way of expressing how much you still owe on your current mortgage. Here’s the basic loan-to-value ratio formula: Current loan balance Current appraised value = LTV Example: You currently have a loan balance of \$140,000.

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Formula. The loan to value ratio formula is calculated by dividing the mortgage amount by the appraised value of the home being purchased. The appraised value in the denominator of the equation is almost always equal to the selling price of the home, but most mortgage companies will require the borrower to hire a professional appraiser to value the property.

Divide the loan amount by the price of the property. Using the above example, \$108,000 divided by \$135,000 is.80. Therefore, the loan-to-value ratio is 80 percent. Mortgage lenders use a variety of methods to assess their risk when lending money and the loan-to-value ratio is one of them.

Calculate Loan-To-Value Ratio of Real Estate Property. The home selling for \$300,000 and the buyers have \$40,000 available for a down payment. \$300,000 – \$40,000 = \$260,000 desired mortgage amount. Divide the mortgage amount by the selling price and convert the result to a percentage.

How To Calculate Loan To Value Ratio – If you are looking for lower mortgage payments, then mortgage refinance can help. See if you can lower your payment today.

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The calculator will let you know how much money you can take. The result box shows both your Loan to Value ratio (LTV) and the total amount of equity, in dollars, you have based on current values.

Loan-to-Value (LTV) Formula. Calculating the loan-to-value ratio is relatively simple. We’ll walk you through the formula and go over each component below. The loan-to-value (LTV) formula is: LTV = (Size of Loan) / (Property’s Appraised Value) Size of Loan. The size of the loan represents the amount that you borrow from the lender.