LTV Calculator
Calculate your loan-to-value ratio to determine PMI requirements and optimize your mortgage terms.
The LTV calculator is integrated into our main mortgage calculator
Go to Main Calculator- 80% or less: No PMI on conventional loans
- 81-95%: PMI required until 78%
- Above 95%: Higher PMI rates
- Below 20%: Best rates and terms
LTV ≤ 80%
No PMI required
LTV 81-90%
PMI: 0.5-1% annually
LTV > 90%
PMI: 1-2% annually
Interest Rates
Lower LTV ratios qualify for better interest rates. Lenders view loans with more equity as less risky.
PMI Costs
PMI is required when LTV exceeds 80% and typically costs 0.5-2% of the loan amount annually until LTV reaches 78%.
Loan Approval
Lower LTV ratios improve approval odds. Conventional loans typically require LTV under 95%, while FHA allows up to 96.5%.
Example 1: 20% Down Payment
Home Price: $400,000
Down Payment: $80,000 (20%)
Loan Amount: $320,000
Example 2: 10% Down Payment
Home Price: $400,000
Down Payment: $40,000 (10%)
Loan Amount: $360,000
Example 3: 5% Down Payment
Home Price: $400,000
Down Payment: $20,000 (5%)
Loan Amount: $380,000
Calculate Your LTV Ratio
Use our mortgage calculator to determine your loan-to-value ratio and PMI requirements.
Start Calculating