How this calculator works
LTV = loan ÷ value. It sets your PMI requirement, your rate tier, and which programs you qualify for. 80% is the magic line for conventional without PMI.
Loans this applies to
Home loan
Conventional Loans
A conventional loan is a mortgage not insured by the government that follows Fannie Mae or Freddie Mac guidelines.
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Home loanCash-Out Refinance
A cash-out refinance replaces your current mortgage with a larger one and pays you the difference in cash, commonly up to 80% of your home’s value on a primary residence.
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FAQ
Is the LTV Calculator free?
Yes. It is free, needs no sign-up and does not check your credit.
How accurate is the LTV Calculator?
It uses the same formulas lenders use, but results are estimates. Your actual terms come from your Loan Estimate or term sheet.
Estimates only, for educational use. Not a loan offer or commitment to lend.