TH Thailand property term

Loan-to-Value Ratio (LTV)

อัตราส่วนเงินกู้ต่อมูลค่าทรัพย์สิน

Pronounced: at-tra-suan ngern-ku to mun-la-kha sap-sin

Plain-English definition

The loan amount shown as a percentage of the property's value accepted by the lender.

Why this matters to a foreign buyer

A 60% LTV means the loan covers 60% of that value and the buyer funds the rest, plus costs.