Estimate loan proceeds
Enter your assumptions. The figures shown are an example, not a lender quote.
Upper end of the illustrative range. The shortest bar sets the limit.
Uses your inputs and the assumptions listed below. These are calculations, not lender terms.
This example uses coverage ratios of 1.25x to 1.35x, debt yields of 8.5% to 10%, and loan-to-value ratios of 60% to 70%. Actual lender requirements differ. Changing the assumed rate changes the coverage calculation; it does not obtain a quote.
How to read the result
The calculation compares debt service coverage, debt yield and loan-to-value limits using the assumptions shown. The lowest result limits the loan in each scenario. A lender may apply different assumptions, adjust the income or decline the request.
The comparison with existing debt excludes closing costs, reserves and prepayment charges. Include those separately when assessing a refinance.