Commercial leverage tool
Commercial LTV & LTC calculator
Compare the requested loan with a property value and recognized project cost. The calculator shows leverage arithmetic only; it does not apply a lender maximum or decide whether the financing is acceptable.
Core formulas: LTV = loan amount ÷ lender-accepted property value. LTC = loan amount ÷ recognized project cost. These ratios answer different questions and should not be treated as interchangeable.
Why LTV and LTC can tell different stories
LTV measures debt against value. LTC measures debt against recognized project cost. A construction or development transaction can therefore have one leverage ratio against cost and another against completed or current value.
Why this calculator does not show a “maximum loan”
Maximum leverage is lender-, asset- and transaction-specific and can depend on cash flow, location, sponsor strength, project stage, recourse, marketability and other underwriting factors. Applying one website maximum would create false certainty.
About the unfinanced amounts
The calculator simply subtracts the loan from the entered value and project cost. A positive difference is not automatically the borrower’s required cash equity, and a negative difference does not represent an approvable structure. Actual equity, subordinate debt and recognized cost treatment need transaction-specific review.
Related commercial mortgage education
Read the commercial LTV guide →