LOAN-TO-COST RATIO - LTC
A ratio used to compare the amount paid for an asset to the cost of purchasing the asset. It is mostly used in commercial real estate construction. For instance, if the project costs $2 million to be completed and the borrower asks for $1,600,000, the loan-to-cost ratio would be 80%. The costs include the land, construction materials, labor, professional fees, and business permits, among others.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
