Terms Beginning With 'l'
Loan-to-Cost Ratio (LTC)
- January 15, 2020
- Team Kalkine
The loan-to-cost or LTC ratio is a metric used in commercial construction of real estate to compare the financing of a project that is offered by a loan with the expense of developing the project and is used to calculate the percentage of a loan or amount the lender is willing to provide for a project.
The loan to cost ratio can be calculated by-
