Sentences with phrase «ltv then»
But if you want to know the exact formula for calculating ltv then please check out the «Formula» box above.
https://www.calculatorpro.com/ Not exact matches
If you got a # 250k place (100:250 or 40 % ltv) then the monthly repayments would be much lower.
The metrics I primarily focus on are debt -[service] coverage ratios, our loan - to - value [ratios] at origination, and then also our loan - to - values (LTVs) at maturity.
You will also run into duplex LTV restrictions... so lets say you bought it for 100K cash, put 15K into it... then tried to refi - the banks asks for 6 - 12 months seasoning and max ltv on a duplex 80 % LTV... you have tied up the funds and end up with 65,000 back... your going to run out of reserves.