---
title: "LTV Calculator: Loan-to-Value and Combined LTV (CLTV) | MCC"
description: "Enter the property value and loan balances to get loan-to-value (LTV) and combined LTV with a HELOC or second mortgage. Free and private: nothing is saved."
url: "https://mcc-solutionsnj.com/bookkeeping/loan-to-value-ratio-calculator"
---

Free tool

# Loan-to-value ratio calculator

See how much of a property's value is borrowed.

**Quick answer.** Loan-to-value (LTV) is the loan balance divided by the property's value: a $240,000 loan on a $300,000 home is 80% LTV. Combined LTV (CLTV) adds any second loan or HELOC, so a $30,000 HELOC on the same home makes it 90%. Enter your numbers below to get both.

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Property value ($)

First loan balance ($)

Second loan or HELOC balance ($) (optional)

Prefer to talk it through? [Take the free books check](/bookkeeping/health-check) or [contact us](/contact).

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How it works

## How it works

**LTV = loan amount divided by property value.** **Combined LTV (CLTV)** adds any second loan to the first before dividing.

FAQ

## About this calculator

**Why do lenders care about LTV?**

A lower LTV means more equity, which lowers the lender's risk. Lenders often set limits and price loans differently by LTV.

**Which value should I use?**

The appraised value or purchase price, whichever the lender uses. A lender's appraisal decides for a loan.

**What is a HELOC?**

A home equity line of credit, a revolving loan secured by the home. See our guide on HELOC signings.

**Is anything saved?**

No. The math runs in your browser and nothing you enter is sent to us.

**Is this tax or financial advice?**

No. It is a calculator for general information. Check the numbers against your own records, and ask an accountant before you act on them.

Related: [mortgage payment calculator](/bookkeeping/mortgage-payment-calculator), [cap rate calculator](/bookkeeping/cap-rate-calculator). See [all free tools](/free-tools). More free tools: [Sales commission calculator](/bookkeeping/sales-commission-calculator), [Depreciation calculator](/bookkeeping/depreciation-calculator), [Do I need to send a 1099?](/bookkeeping/do-i-need-to-send-a-1099), or [see all free tools](/free-tools).

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General information, not tax or legal advice. [How we write and check our tools](/editorial-standards).

## Loan-to-value examples

### LTV and combined LTV

A home valued at $400,000 with a $300,000 first loan has an LTV of 300,000 / 400,000 = 75%. Add a $40,000 home equity line and the combined LTV is 340,000 / 400,000 = 85%. Equity is $100,000, or 25% of the value.

### What a limit means in dollars

A lender limit of 80% on a $400,000 value allows a loan up to $320,000.00. To borrow $340,000 you would need a value of at least 340,000 / 0.8 = $425,000.00.

### Why 80% comes up

Conventional loans above 80% LTV often carry private mortgage insurance, and many lenders price loans by LTV band. Programs and limits differ, so confirm with your lender.

### Which value to use

Use the lender's appraised value, or the purchase price if that is lower. A refinance uses the appraisal, not what you paid years ago.

Do it yourself

### Home Buying Cost and Affordability Planner

Put in your income, debts and savings, then compare homes on the real monthly cost and the cash you need on closing day.

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## Want your books and numbers handled?

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