Loan to Value calculator
LTV is the percentage of the property's value that you're borrowing. It's one of the biggest drivers of the interest rate a lender will offer you.
Tip: for a purchase, your loan amount is the property price minus your deposit. For a remortgage, use your outstanding mortgage balance.
Loan to Value
80.0%
Good — wide product choice
Your equity / deposit
£60,000
Loan amount
£240,000
Lower LTV typically unlocks better rates. The biggest rate jumps tend to happen at 60%, 75%, 80%, 85% and 90% LTV thresholds.
Why LTV matters
Lenders price risk in tiers. The lower your LTV, the lower the rate you're typically offered — because the lender has more of a buffer if property values fall. The most common rate-price thresholds are 60%, 75%, 80%, 85%, 90% and 95% LTV.
How to lower your LTV
- Increase your deposit, even by a few thousand pounds, to drop into a better LTV band.
- On a remortgage, an updated valuation can push you into a lower LTV if local prices have risen.
- Overpay where your product allows it to reduce your balance before remortgaging.
Other mortgage calculators
More tools to help you plan your mortgage.
How much can I borrow?
Estimate your maximum mortgage based on income and outgoings.
Mortgage repayments calculator
Work out your monthly payment from the loan amount, rate and term.
Remortgage calculator
Compare your current deal against new rates to see potential savings.
Stamp Duty calculator
Calculate the Stamp Duty Land Tax due on your property purchase.