How to calculate LTV (loan to value ratio) and CLTV (combined loan to value ratio)?


Your LTV (loan to value ratio) and CLTV (combined loan to value ratio) can be calculated easily. All you have to know is your house value and loan amount(s).

Calculating LTV (Loan to Value Ratio)

If your house is worth $300,000 and you have a single first mortgage with remaining balance of $150,000 your LTV will be:

LTV = 150,000 / 300,000 = 50%

Calculating CLTV (Combined Loan to Value Ratio)

If you take additional $50 K HELOC on top of the existing $150,000 first mortgage your Combined LTV will be:

CLTV = (150,000 + 50,000) / 300,000 = 66.67%

The general CLTV formula is:

Combined LTV = (Loan1 + Loan2 +...) / Property Value

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