Loan-to-value calculator
Work out your loan-to-value (LTV) from the property value and your deposit or loan, and see the deposit you'd need to reach a lower LTV. Free, no sign-up, nothing leaves your browser.
Lenders set their own LTV limits and rates, so check with them. Fees added to the loan raise the LTV. The starting numbers are only an example.
What loan-to-value means
Loan-to-value, or LTV, is the size of a loan as a percentage of what the property or asset is worth. Borrow £180,000 against a £200,000 home and the LTV is 90%; the other 10% is your deposit, or equity. Lenders use it to judge how much of the value is already covered if a borrower can't repay.
Why a lower LTV helps
A lower LTV means more of your own money is in, so there is more room if the value falls. Many lenders set their rates in LTV bands and offer lower rates to borrowers with a bigger deposit. As you repay the loan, or if the value rises, your LTV falls, which can open up better rates when you remortgage.
Launch your own money app
SendPay platforms include GBP, EUR and USD accounts and international transfers under your own brand, powered by licensed partners. SendPay doesn't offer lending.