Tip 3: How to calculate your Loan-to-Value (LTV)?

Loan-to-Value (LTV)

Calculated by dividing the Loan Amount by the lesser of the Sales Price or Appraised Value on a Purchase, or by the Appraised Value on a Refinance.

Calculation
Loan-to-Value Ratio80.000% 
Loan Amount64,000 
Lower of: Sales Price รท 80,000 
Appraised Value80,000 

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