LTV is calculated as (Loan Amount / Property Value) x 100. RBI sets maximum limits: 90% for loans up to ₹30 lakhs, 80% for ₹30-75 lakhs, 75% above ₹75 lakhs. For LAP, LTV is typically 50-70%. For LAS, it varies by security type (50-85%).
A lower LTV means more borrower equity and less lender risk, often translating to better interest rates. LTV is calculated on the lower of purchase price and lender’s appraised value.
LTV determines maximum borrowable amount and minimum down payment. Understanding LTV helps set realistic property purchase budgets and plan finances.
Nihal Fintech helps clients understand and optimize LTV ratios across lenders and loan products to access maximum permissible amounts while ensuring comfortable repayment.
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