LTV Calculator
Measure outstanding debt against current property value.
Calculated directly from the assumptions shown.
Continue in the full model.
Move from this screening result to the complete Real Estate Refinancing Model.
Get the model · €49 incl. VATHow the LTV calculation works
Loan to value = loan amount ÷ property value.
Example calculation
€7.2m of debt against a €12m property value equals 60% LTV.
How professionals use the result
Use LTV for acquisition, refinance and covenant analysis. Match the valuation date and debt balance.
Common mistakes
- Using gross asset value with net debt inconsistently
- Ignoring senior debt when testing total leverage
- Using future value for a current covenant
- Confusing LTV with LTC
LTV Calculator FAQs
What does the LTV calculator measure?
Measure outstanding debt against current property value.
What formula does the LTV calculator use?
Loan to value = loan amount ÷ property value.
Is the result suitable for a final investment decision?
Use it as a transparent screening calculation. Validate deal-specific tax, timing, financing and legal assumptions in a complete underwriting model before making a decision.
Do I need an account?
No. The calculator is free and runs in your browser. FormulaPlanet does not store your projects, inputs or results.
Is any input sent publicly?
No calculation is public by default. A shareable link is only created when you explicitly choose to copy one; that link contains the assumptions shown in its URL.
Why might my spreadsheet give a different answer?
Differences usually come from timing, compounding, sign conventions, fees or a different definition of the numerator or denominator. Match every period and definition before comparing.
What should I review alongside this result?
Use LTV for acquisition, refinance and covenant analysis. Match the valuation date and debt balance.
Which mistakes are most common?
Using gross asset value with net debt inconsistently; Ignoring senior debt when testing total leverage; Using future value for a current covenant; Confusing LTV with LTC.