Formula: Loan amount / appraised value of the asset = LTV
Calculating your value LTV ratio is essentially simple. All you have to do is to divide the amount of your loan by the purchase price or the declared market value of the asset. Let's take a look closer into the equation.
For instance, if you have been approved for a one-hundred thousand Singapore dollar loan, and that you will use this to purchase a S$300,000.00 hdb flat, then your housing loan LTV will be at 33 percent. This is because: S$100,000/S$300,000 = 33).