Canada
Canada LTV calculator
Your loan-to-value ratio — the number lenders lean on most to price your mortgage and decide what you qualify for.
Property & down payment
Loan-to-value
85.0%
Borrowing $340,000 against a $400,000 property.
- Your equity from day one
- 15.0%
- Loan amount
- $340,000
Above 80% LTV, this is an insured mortgage: CMHC (or Sagen / Canada Guaranty) default insurance is mandatory and added to your loan balance. Homes priced $1M or more can't be insured, so they need at least 20% down.
An estimate for planning — not financial advice. LTV is simply the loan divided by the property value; lender rules and thresholds vary.