Maximum Fix and Flip Loan Calculator
Last updated: March 2026
Fix and flip lenders typically use two constraints to determine your maximum loan: Loan-to-Cost (LTC) and Loan-to-ARV (LTV). Your actual maximum loan is the lower of these two calculations. Use this calculator to see which constraint binds for your deal.
How to Use This Calculator
- Enter the property purchase price
- Enter your estimated rehab budget
- Enter the projected after repair value (ARV)
- Set the maximum LTC percentage (e.g., 90%)
- Set the maximum ARV LTV percentage (e.g., 75%)
Frequently Asked Questions
What is the difference between LTC and LTV?
Loan-to-Cost (LTC) measures the loan against total project cost (purchase + rehab). Loan-to-Value (LTV) measures the loan against the property's after repair value. Both constraints apply simultaneously.
Which constraint typically binds?
It depends on the deal. For high-margin deals (large spread between cost and ARV), the LTC constraint typically binds. For lower-margin deals, the ARV LTV constraint tends to bind.
How can I increase my maximum loan amount?
Improving your borrower profile (more experience, higher credit, more liquidity) may qualify you for higher LTC and LTV ratios. Reducing the purchase price or finding a better deal also increases available leverage.
Why do lenders use two caps?
Using both LTC and ARV LTV protects the lender from different risks. LTC ensures the borrower has skin in the game. ARV LTV ensures the loan doesn't exceed a safe percentage of the property's projected value.
Related Resources
Related Resources
Ready to Get Started?
Get terms for your next investment property.