Calculate Your Loan-to-Value Ratio
Calculate LTV from home value and loan balance. See how LTV affects your mortgage rate, PMI, and refinance options.
What Is LTV and Why It Matters
Loan-to-Value ratio = Loan Balance ÷ Home Value × 100. A $320,000 loan on a $400,000 home = 80% LTV. LTV determines: whether you pay PMI (required above 80%), your interest rate (lower LTV = better rates), refinance eligibility (most programs require 80% or less), and HELOC availability (typically up to 80-90% combined LTV).
Getting Rid of PMI
PMI automatically terminates when LTV reaches 78% of the original value (per federal law). You can request removal at 80% based on current value. Ways to reach 80%: make regular payments, make extra payments, or get a new appraisal if your home has appreciated. PMI costs $50-200+/month — removing it saves $600-2,400/year. On a $320K loan, you need $64K in equity (20%) to eliminate PMI.
LTV calculator captures homeowners actively considering refinancing or PMI removal — a very high-intent audience worth $8-15 CPC to mortgage lenders.
