Work Sheet
DETERMINING MAXIMUM LOAN-TO-VALUE (LTV) AMOUNT
Good Credit Quality/Lenders
NEW & USED Vehicles
(Copy, Paste, Print and Complete)
NEW Vehicles:
$ Manufacturer's INVOICE
X 1.35
$ MAXIMUM LOAN-TO-VALUE (LTV) AMOUNT
(i.e. Maximum Approvable Loan Amount.)
(INCLUDING: Tax, Title, Licensing and Documentation Fees)
USED Vehicles:
$ NADA/KELLEY BLUE BOOK RETAIL Value
X 1.35
$ MAXIMUM LOAN-TO-VALUE (LTV) AMOUNT
(i.e. Maximum Approvable Loan Amount.)
(INCLUDING: Tax, Title, Licensing and Documentation Fees)
(NOTE: Most lenders allow additional products or services such as Credit Life/Disability Insurance,
Warranty/Service Contracts and Gap/Debt Cancellation Agreements to be Added to the Maximum
LTV if desired.)
[Close this "Window" to Continue]