Loan-to-Cost (LTC) Calculator

Calculate loan-to-cost (ltc) for real estate investments and properties

How it works

Enter the loan amount and total project cost (including land, construction, soft costs). The calculator divides loan by cost to show loan-to-cost ratio.

Example

A $3.5M loan on a $5M total project cost (land + construction) results in a 70% LTC ratio, typical for construction loans.

FAQs

Construction loans typically max at 75-80% LTC for experienced developers. First-time developers may get 65-70% LTC, requiring more equity.

LTC divides loan by total project cost; LTV divides by appraised value. LTC is used during construction; LTV used after completion.

Land acquisition, hard construction costs, soft costs (architecture, permits, fees), financing costs, and interest reserves.