Loan-to-Value Calculator
Mortgage LTV %, your lender band and the deposit needed for each band.
About this tool
Enter the property value and either the mortgage amount or your deposit. The calculator shows your LTV percentage, deposit and band, and a table of the 60%, 75%, 80%, 85%, 90% and 95% bands with the maximum mortgage, the deposit each requires and how much extra you'd need to reach it.
What loan-to-value means for your mortgage
Loan-to-value, or LTV, is the size of your mortgage as a percentage of the property's value. A ยฃ240,000 mortgage on a ยฃ300,000 home is 80% LTV, which means a 20% deposit. Lenders see a lower LTV as less risky, because there's more equity to cover a fall in prices, so they price mortgages in bands, commonly 60%, 75%, 80%, 85%, 90% and 95%. Moving down a band often brings a noticeably lower interest rate, which is why a slightly larger deposit can save thousands over a fixed term; in the example, dropping to 75% LTV needs a ยฃ75,000 deposit, ยฃ15,000 more. When remortgaging, LTV uses your outstanding balance and the property's current value, so rising prices or overpayments can move you into a better band. Honest limits: lenders use their own valuation, which may be lower than the price you agree, and each lender sets its own bands and criteria, including income multiples and credit checks. Not financial advice. The mortgage calculator shows repayments, the stamp duty calculator adds purchase tax and the home affordability calculator checks budgets.
Frequently asked questions
What is a good loan-to-value ratio?
60โ75% usually gets the best rates. Most first-time buyers start at 85โ95%.
How do I calculate LTV?
Divide the mortgage amount by the property value and multiply by 100.
Does LTV change over time?
Yes. It falls as you repay the mortgage and if the property's value rises, which can unlock better rates when you remortgage.
Is my data saved?
No. The calculation runs in your browser and nothing is stored or sent.