Loan To Value Calculator
Loan To Value(%) is equal to Loan(INR) Divided to Purchase price (INR)Multiple number of value 100. Purchase price(INR) is equal to down payment(INR) added to loan(INR).
- Purchase Price = Down payment + Loan
- LTV = Loan / Purchase Price * 100%
let us consider,
- Down Payment is sum of money pay from your account.
- Loan is the Bank lends to you.
Calculate the Loan To Value
Purchase Price = Down payment + Loan
Down payment ($300) , Loan ($10,000)
Purchase Price =($ 300) +($10,000)
Purchase Price is $10,300
LTV = Loan / Purchase Price * 100%
Loan ($10,000) , Purchase Price ($10,300)
LTV = (10,000/10,300 *100
Loan To Value is 97.09%