The Mortgage Ledger

United States

United States 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

15.0% of the price

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, a conventional loan normally requires PMI (private mortgage insurance) until you reach 20% equity. PMI protects the lender, not you — it typically drops off automatically at 78% LTV.

An estimate for planning — not financial advice. LTV is simply the loan divided by the property value; lender rules and thresholds vary.