Question:

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

Answer: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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