See your loan-to-value, combined loan-to-value, and equity — and where you stand on the PMI and program thresholds.
| Threshold | LTV / CLTV | Your status |
|---|
Estimates for educational purposes only. These figures are based on the values you enter and general assumptions. They are not a quote, not financial, tax, or legal advice, and not a commitment to lend. Your actual LTV, insurance requirements, and eligibility depend on your lender, appraisal, credit, occupancy, and program.
PMI applies to conventional loans. The 80% (borrower-requested cancellation) and 78% (automatic termination) thresholds come from the Homeowners Protection Act and apply to conventional private mortgage insurance. FHA mortgage insurance (MIP) and the VA funding fee follow different rules — FHA MIP often can't be cancelled by LTV alone, and VA loans have no monthly mortgage insurance.
Program maximum LTVs are typical, not universal. Conventional up to ~97%, FHA ~96.5%, VA/USDA up to 100%, and cash-out refinances commonly cap around 80% — but lenders set their own overlays and the true limit depends on your full profile.
On a purchase, lenders base LTV on the lesser of the purchase price and the appraised value. HCLTV counts the full HELOC credit line, not just what you've drawn.