MetLife, Inc. Notes to the Consolidated Financial Statements — (Continued) Estimated Fair Value %of Total Debt Service Coverage Ratios Total %of Total > 1.20x 1.00x - 1.20x < 1.00x (In millions) (In millions) December 31, 2012: Loan-to-value ratios: Less than 65% .............................................. $29,839 $ 730 $ 722 $31,291 77.3% $33,730 78.3% 65%to75%................................................ 5,057 672 153 5,882 14.6 6,129 14.2 76%to80%................................................ 938 131 316 1,385 3.4 1,436 3.3 Greater than 80% ............................................ 1,085 552 277 1,914 4.7 1,787 4.2 Total ..................................................... $36,919 $2,085 $1,468 $40,472 100.0% $43,082 100.0% December 31, 2011: Loan-to-value ratios: Less than 65% .............................................. $24,983 $ 448 $ 564 $25,995 64.3% $27,581 65.5% 65%to75%................................................ 8,275 336 386 8,997 22.3 9,387 22.3 76%to80%................................................ 1,150 98 226 1,474 3.6 1,473 3.5 Greater than 80% ............................................ 2,714 880 380 3,974 9.8 3,664 8.7 Total ..................................................... $37,122 $1,762 $1,556 $40,440 100.0% $42,105 100.0% 2012 2011 Recorded Investment %of Total Recorded Investment %of Total (In millions) (In millions) Performance indicators: Performing ............................................................................ $929 97.0% $671 97.4% Non-performing ......................................................................... 29 3.0 18 2.6 Total ................................................................................ $958 100.0% $689 100.0% 121 MetLife, Inc. The Company has a high quality, well performing, mortgage loan portfolio, with 99% of all mortgage loans classified as performing at both December 31, 2012 and 2011. The Company defines delinquent mortgage loans consistent with industry practice, when interest and principal payments are past due as follows: commercial and residential mortgage loans – 60 days; and agricultural mortgage loans – 90 days. The recorded investment in mortgage loans held-for-investment, prior to valuation allowances, past due according to these aging categories, greater than 90 days past due and still accruing interest and in nonaccrual status, by portfolio segment, were as follows at: The estimated fair value of residential mortgage loans held-for-investment was $1.0 billion and $737 million at December 31, 2012 and 2011, respectively. Information about the credit quality of residential mortgage loans held-for-investment is presented below at: The estimated fair value of agricultural mortgage loans held-for-investment was $13.3 billion and $13.6 billion at December 31, 2012 and 2011, respectively. Information about the credit quality of agricultural mortgage loans held-for-investment is presented below at: Recorded Investment Credit Quality of Agricultural Mortgage Loans Credit Quality of Residential Mortgage Loans December 31, Past Due and Interest Accrual Status of Mortgage Loans Past Due Greater than 90 Days Past Due and Still Accruing Interest Nonaccrual Status December 31, 2012 December 31, 2011 December 31, 2012 December 31, 2011 December 31, 2012 December 31, 2011 (In millions) Commercial .................. $ 2 $ 63 $— $— $ 84 $ 63 Agricultural ................... 116 146 53 29 67 157 Residential ................... 29 8 — — 18 17 Total ...................... $147 $217 $53 $29 $169 $237 2012 2011 Recorded Investment %of Total Recorded Investment %of Total (In millions) (In millions) Loan-to-value ratios: Less than 65% ......................................................................... $11,908 92.7% $11,802 89.9% 65%to75% ........................................................................... 590 4.6 874 6.7 76%to80% ........................................................................... 92 0.7 76 0.6 Greater than 80% ....................................................................... 253 2.0 377 2.8 Total ................................................................................ $12,843 100.0% $13,129 100.0% December 31,