Understand your mortgage loan to value ratio.
Calculate the loan to value ratio of a property by comparing the mortgage amount with its estimated value. Use the result to understand where your borrowing sits relative to the property's value.
See the ratio at a glance.
Your LTV compares the mortgage you need with the property's estimated market value.
Calculate your loan to value ratio in seconds.
Enter the property's estimated value and the mortgage amount. The calculator will show your estimated LTV percentage and an illustrative LTV category.
Your property details
Change the figures to explore different scenarios.This calculator provides an illustrative estimate only. Actual mortgage decisions, rates, eligibility and lending criteria vary between lenders and individual circumstances.
An LTV of 75% means the mortgage represents approximately three quarters of the property's estimated value.
What different LTV levels can tell you.
LTV is one factor lenders may consider when assessing a mortgage application. The bands below are useful for understanding the relationship between borrowing and property value, rather than being guarantees of mortgage availability.
Up to 60%
A relatively low proportion of the property's value is represented by the mortgage.
Lower LTV60% – 75%
The mortgage represents a larger share of the property value while leaving a meaningful equity portion.
Moderate LTV75% – 90%
A higher proportion of the property's value is financed through borrowing.
Higher LTV90% – 100%+
Most or all of the estimated property value is represented by the mortgage amount.
Higher borrowingWhat is loan to value?
Loan to value, commonly shortened to LTV, is the percentage of a property's value represented by the mortgage borrowing. It is calculated by dividing the mortgage amount by the property value and multiplying the result by 100.
For example, a £300,000 mortgage on a property valued at £400,000 produces an LTV of 75%.
LTV helps put your mortgage borrowing into context.
A lender may use LTV alongside income, affordability, credit history, property information and other criteria.
LTV is important, but it is only one part of the picture.
When considering a mortgage, it is useful to look beyond a single percentage. Lenders can assess several factors before deciding whether a particular mortgage is suitable or available.
Affordability
Income, regular expenditure and other financial commitments may form part of a lender's affordability assessment.
Interest rate
The rate offered can affect the monthly mortgage payment and the overall cost of borrowing.
Mortgage term
The length of the mortgage can affect monthly repayments and the total interest paid over time.
Credit profile
Lenders may consider your credit history and wider financial circumstances as part of their assessment.
Property type
The property itself can also be relevant, including factors such as construction, use and location.
Deposit size
A larger deposit can reduce the amount that needs to be borrowed relative to the property's value.
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Loan to Value Calculator FAQs
Common questions about LTV, deposits and mortgage borrowing.
Understand your borrowing with a clearer view of LTV.
Calculate your estimated loan to value ratio and then explore the wider mortgage factors that may affect your options.