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## LTV Calculator Auto
## What is LTV?LTV for auto is the ratio between your car loan and the value of your car. If the car that you want to buy is worth $30,000, and you want to take out a loan of $25,000, the LTV ratio will be 83.34%. When lenders issue loans, they are taking a risk as the borrower may default on his loan. Therefore, lenders use the LTV ratio to determine
whether or not to finance your car purchase. |
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