LTV / LTC Calculator

Loan-to-value and loan-to-cost, side by side

Two ratios lenders lean on: LTV against the property's value, and LTC against your all-in project cost. See both, the equity you'd contribute, and the max loan at a target LTV.

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As-is or after-repair value, per your lender's basis.
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For LTC. Defaults to value if blank.
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Your LTV and LTC appear here.
Enter a value and loan amount, then calculate.

Educational estimate only. Lenders set their own maximum LTV/LTC and may define value differently. Full disclaimer.

LTV vs. LTC — why both matter

LTV (loan ÷ value) tells a lender how much cushion exists against the property's worth. LTC (loan ÷ total cost) tells you how much of the all-in cost — purchase plus rehab plus closing — the loan covers, and therefore how much cash you bring. On a value-add deal the two can diverge sharply, which is exactly when it pays to look at both.

Reuse across your other tools

These ratios sit underneath the DSCR, bridge, and fix-and-flip tools too.

Which value should I use?

Use whatever basis your lender uses — as-is value for a stabilized purchase, or after-repair value for a renovation. The tool just divides; the basis is your choice.

Is this an approval?

No. It's arithmetic on your inputs. Maximum ratios and value definitions are set by each lender.