What is Loan-to-Value (LTV)?
LTV is the percentage of your portfolio's value that we can lend. For example, if you have $1 million in stock and qualify for a 50% LTV, your loan would be $500,000.
Typical LTV Ranges by Security Type
| Security Type | LTV Range |
|---|---|
| Large-Cap (S&P 500) | 55-65% |
| Mid-Cap | 50-55% |
| Small-Cap | 50-55% |
| Micro-Cap | 40-50% |
| Restricted Stock (Rule 144) | 25-30% |
Factors That Affect Your LTV and Interest Rate
- Security Type: Blue-chip stocks typically qualify for higher LTV and lower interest rate
- Volatility: Higher volatility may lower LTV and increase interest rate
- Liquidity: More liquid securities often receive a better LTV and lower interest rate
- Loan Size: Larger loans may qualify for a higher LTV and lower interest rate
- Exchange: Major exchanges (NYSE, NASDAQ) typically allow for a higher LTV and lower interest rate
What's Not Included in This Estimate
This calculator provides a general estimate based on typical parameters. Your actual term sheet may differ based on:
- Recent trading volume and liquidity
- Current market conditions
- Specific exchange requirements
- Any restrictions on your shares
- Your specific loan structure preferences