Loan-to-Value (LTV)
LTV percent and PMI-required flag from loan amount and appraised / purchase value. Bands per FNMA conforming convention.
Formula and source
LTV = loan_amount / value. Conventional conforming loans require PMI when LTV > 80%. Value is the lesser of appraised value or purchase price (FNMA Selling Guide).
FNMA Single-Family Selling Guide §B2-1.1-01 (current). FHA Handbook 4000.1 §II.A.2 (LTV caps; 96.5% maximum on purchase).
Audience
This tile is built for trades and the adjacent professions in the Real Estate group. The interactive calculator runs entirely in your browser. No account, no fee, no advertising, no tracking.
Related tools
Posture
Rough Logic answers the math question the working professional asks on the job. The site is a calm, fast, ad-free, account-free, ever-free reference. It does not interpret code. It does not replace the licensed professional. It does not store your inputs. The Authority Having Jurisdiction governs all installations and inspections.