Investor cash-out and equity calculator

How this estimate works

Cash available = property value × the program's maximum cash-out loan-to-value − the total of all loans on the property today. Closing costs, points and any required reserves come out of that amount. If you add rent, a rate from a real quote and a term, DSCR = monthly rent ÷ (principal and interest on the maximum new loan + monthly taxes, insurance and HOA dues). Limits vary by program, property type and DSCR.

Assumptions

• All fields start blank. We don't fill in a rate or any loan terms for you.
• Results are estimates for planning, not a loan offer, quote or commitment to lend.
• Taxes, insurance and HOA dues can change the result.
• Your actual terms come from the written terms for your deal.
• For rental and investment property held for business purposes. Not for a home you live in.

Next steps for an investor cash-out

• Investor loans: DSCR, fix and flip, bridge and construction financing.
• DSCR rental loans: How rent coverage sets the loan, and what to have ready.
• Cash-out refinance basics: How a cash-out refinance works and what it costs.
• See your options: Tell us your goal and timing in about a minute, and we'll follow up.
• How DSCR is calculated: Rent coverage explained, county by county, from the Iron Hill Brief.