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120% LTV home equity loan to calculate the maximum home equity loan that a borrower can get based on 120% LTV, home value and outstanding mortgage balance.
Home Equity Loan 120% LTV |
|
Home Value |
$ |
Outstanding Mortgage Amount |
$ |
LTV |
% |
Outstanding Mortgage Amount |
|
LTV Ratio |
|
Home Equity |
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How much equity loan can I get? |
A 120% loan-to-value LTV on a home equity loan means the lender is willing to lend up to 120% of the appraisal home value minus the outstanding mortgage balance.
Home Value | Mortgage Amount | Home Equity | Home Equity Loan LTV | Max Home Equity Loan |
---|---|---|---|---|
$500,000 | $600,000 | $-100,000 | 120% LTV | $-120,000 |
$600,000 | $720,000 | $-120,000 | 120% LTV | $-144,000 |
$700,000 | $840,000 | $-140,000 | 120% LTV | $-168,000 |
$800,000 | $960,000 | $-160,000 | 120% LTV | $-192,000 |
$900,000 | $1,080,000 | $-180,000 | 120% LTV | $-216,000 |
$1,000,000 | $1,200,000 | $-200,000 | 120% LTV | $-240,000 |
$1,100,000 | $1,320,000 | $-220,000 | 120% LTV | $-264,000 |
$1,200,000 | $1,440,000 | $-240,000 | 120% LTV | $-288,000 |
$1,300,000 | $1,560,000 | $-260,000 | 120% LTV | $-312,000 |
$1,400,000 | $1,680,000 | $-280,000 | 120% LTV | $-336,000 |
$1,500,000 | $1,800,000 | $-300,000 | 120% LTV | $-360,000 |
$1,600,000 | $1,920,000 | $-320,000 | 120% LTV | $-384,000 |
$1,700,000 | $2,040,000 | $-340,000 | 120% LTV | $-408,000 |
$1,800,000 | $2,160,000 | $-360,000 | 120% LTV | $-432,000 |
$1,900,000 | $2,280,000 | $-380,000 | 120% LTV | $-456,000 |
$2,000,000 | $2,400,000 | $-400,000 | 120% LTV | $-480,000 |
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