{"id":202617,"date":"2024-03-11T12:01:15","date_gmt":"2024-03-11T12:01:15","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-do-you-calculate-combined-loan-to-value\/"},"modified":"2024-03-11T12:01:15","modified_gmt":"2024-03-11T12:01:15","slug":"how-do-you-calculate-combined-loan-to-value","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-do-you-calculate-combined-loan-to-value\/","title":{"rendered":"How do you calculate combined loan to value?"},"content":{"rendered":"

The combined loan-to-value (CLTV) ratio is a measurement used by financial institutions to assess the risk of a loan by comparing the total amount you owe on all loans secured by a property to the appraised value of the property. To calculate the CLTV, simply add up the outstanding loan amounts on the property and divide by the property’s appraised value. Then, multiply the result by 100 to get the percentage.<\/p>\n

For example, if you have a mortgage for $200,000 and a home equity loan for $50,000 on a property appraised at $300,000, the CLTV ratio would be calculated as follows:<\/p>\n

($200,000 + $50,000) \/ $300,000 * 100 = 83.33%<\/p>\n

In this case, the CLTV ratio is 83.33%, indicating that you have borrowed 83.33% of the property’s appraised value.<\/p>\n

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