Loan

LTV

Loan-to-Value ratio — the percentage of property value a bank will fund. Capped at 75-80% for home loans, 60-70% for LAP.

Definition

Loan-to-Value (LTV) is the ratio of the loan amount to the property's market value. Higher LTV means a bigger loan and smaller down payment, but also higher EMI and tighter cash flow. Indian banks typically lend up to 80% LTV for home loans on standard residential properties, dropping to 60-70% for Loan Against Property (LAP) where the end-use is unrestricted.

Higher LTV often attracts a slightly higher interest rate (10-25 bps) and stricter underwriting. The remaining gap (down payment + transaction costs of 6-8%) must come from your savings. Banks may also require additional collateral or insurance for high-LTV loans.

Example

₹1 crore property, 80% LTV → ₹80 lakh loan, ₹20 lakh down payment, plus ₹6-8 lakh stamp duty + registration from own funds.

Calculators that use this

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