CLTV (Combined Loan-to-Value)
The total of all loans secured by a property divided by its value. Lenders cap CLTV (often at 80–85%) when you add a home-equity loan or HELOC.
What does CLTV mean?
Where LTV looks at a single loan, CLTV adds up every lien on the property — first mortgage plus any home-equity loan or HELOC — against the home value. Lenders lean on CLTV when you borrow against equity, commonly capping it around 80–85%. It is the number that decides how much of your equity you can actually tap.
Frequently asked
How is CLTV calculated?
Add up every loan secured by the home — your first mortgage plus any home-equity loan or HELOC — and divide by the home’s value.
On a $400,000 home with a $250,000 mortgage and a $50,000 HELOC, CLTV is $300,000 ÷ $400,000, or 75%.
What is the difference between LTV and CLTV?
LTV counts only one loan against the home’s value; CLTV counts every lien on it. Lenders use LTV for a single first mortgage and switch to CLTV once you add a second loan such as a home-equity loan or HELOC.
Put it to use
Home Equity Loan Calculator
Calculate the fixed monthly payment and total interest on a lump-sum home-equity loan.
Down Payment Calculator
Turn a down-payment percentage into dollars and see whether you clear the 20% PMI threshold.
HELOC Calculator
Estimate your available home-equity line of credit and the draw and repayment payments.
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