Keeping your loan over-collateralized can help insulate the loan from receiving a margin call.
The illustration below is intended to show the additional protection from margin calls that adding collateral can provide. All Unchained loans are originated at a maximum loan-to-value (LTV) of 40%, which equals a collateral-to-principal (CTP) ratio of 250%.
Loans with a principal balance greater than $1,000,000 may have lower requirements imposed for maximum LTV at origination. The table is best read from left to right, beginning with the CTP at loan origination.
Tip: To learn more about the margin call process, read What is the margin call process?
| CTP | % Price decline to MC | Price at MC | % Price decline to AMC | Price at AMC | % Price decline to Liquidation | Price at Liquidation |
| 200% | 25.00% | $37,500.00 | 32.50% | $33,750.00 | 45% | $27,500.00 |
| 225% | 33.33% | $33,333.33 | 40.00% | $30,000.00 | 51% | $24,444.44 |
| 250% | 40.00% | $30,000.00 | 46.00% | $27,000.00 | 56% | $22,000.00 |
| 275% | 45.45% | $27,272.73 | 50.91% | $24,545.45 | 60% | $20,000.00 |
| 300% | 50.00% | $25,000.00 | 55.00% | $22,500.00 | 63% | $18,333.33 |
| 325% | 53.85% | $23,076.92 | 58.46% | $20,769.23 | 66% | $16,923.08 |
| 350% | 57.14% | $21,428.57 | 61.43% | $19,285.71 | 69% | $15,714.29 |
| 375% | 60.00% | $20,000.00 | 64.00% | $18,000.00 | 71% | $14,666.67 |
| 400% | 62.50% | $18,750.00 | 66.25% | $16,875.00 | 73% | $13,750.00 |
| 425% | 64.71% | $17,647.06 | 68.24% | $15,882.35 | 74% | $12,941.18 |
| 450% | 66.67% | $16,666.67 | 70.00% | $15,000.00 | 76% | $12,222.22 |
| 475% | 68.42% | $15,789.47 | 71.58% | $14,210.53 | 77% | $11,578.95 |
| 500% | 70.00% | $15,000.00 | 73.00% | $13,500.00 | 78% | $11,000.00 |
| 525% | 71.43% | $14,285.71 | 74.29% | $12,857.14 | 79% | $10,476.19 |
| 550% | 72.73% | $13,636.36 | 75.45% | $12,272.73 | 80% | $10,000.00 |
| 575% | 73.91% | $13,043.48 | 76.52% | $11,739.13 | 81% | $9,565.22 |
| 600% | 75.00% | $12,500.00 | 77.50% | $11,250.00 | 82% | $9,166.67 |
| 625% | 76.00% | $12,000.00 | 78.40% | $10,800.00 | 82% | $8,800.00 |
| 650% | 76.92% | $11,538.46 | 79.23% | $10,384.62 | 83% | $8,461.54 |
| 675% | 77.78% | $11,111.11 | 80.00% | $10,000.00 | 84% | $8,148.15 |
| 700% | 78.57% | $10,714.29 | 80.71% | $9,642.86 | 84% | $7,857.14 |
| 725% | 79.31% | $10,344.83 | 81.38% | $9,310.34 | 85% | $7,586.21 |
| 750% | 80.00% | $10,000.00 | 82.00% | $9,000.00 | 85% | $7,333.33 |
CTP = Collateral to Principal ratio at origination, MC = Margin Call, AMC = Accelerated Margin Call. The table above assumes BTC/USD price of $50,000 at the time of loan origination.