The relationship between the unpaid principal balance of the mortgage and the property's appraised value (or sales price if it is lower).
The comparison between the outstanding unpaid principal of the mortgage and the lower of the appraised value, or sales price, of the property.
the size of the mortgage as a percentage of the value of the property. For example, a ?100 000 property with an ?80 000 mortgage has a LTV percentage of 80 percent.
A percentage which compares the outstanding principal balance of your mortgage loan with the value or selling price of the mortgaged property.
The relationship between the principal balance of the mortgage and the appraised value (or sales price if it is lower) of the property. For example, a $100,000 home with an $85,000 mortgage has a LTV percentage of 85 percent.
The proportion of the amount of the mortgage loan against the appraised value or sales price of the piece of property being pledged as collateral; e.g., a home with appraised value of $100,000 but with a $90,000 mortgage has a LTC of 90 percent