Loan-to-Value (LTV) Ratio Calculator
Calculate your LTV ratio to understand mortgage qualification, PMI requirements, and refinance eligibility.
Runs entirely in your browser — no data sent anywhere. Explore all free tools · Etsy Shop ↗
Frequently Asked Questions
What LTV do I need to avoid PMI?
80% LTV or below (20% down payment or equity) avoids Private Mortgage Insurance. PMI typically costs 0.5-1.5% of the loan amount annually. Once you reach 80% LTV through payments or appreciation, you can request PMI removal.
Can I refinance at a high LTV?
Conventional refinance: typically up to 97% LTV. FHA Streamline: can refinance even underwater (LTV over 100%). VA IRRRL: no LTV limit for veterans. Cash-out refinances typically require LTV under 80%.