Just how to calculate your loan-to-well worth (LTV) ratio

Particularly, whether your domestic try appraised in the $400,100 plus newest home loan balance was $three hundred,000, you may have $one hundred,100000 home based guarantee.

1. Separate your loan balance by the home's well worth.
2. Transfer that matter so you can a portion because of the swinging brand new decimal part two locations off to the right.

Below are an example of an enthusiastic LTV calculation to possess a citizen with this exact same $eight hundred,000 household and you can $3 hundred,000 financing harmony.