How much can you refinance?

Lenders size a new loan by the property's income and by its value, and the lower number usually sets the limit. Enter your numbers to see roughly how a new loan compares with what you owe.

Your property

Example numbers are filled in. Replace them with yours.

Income after operating expenses, before loan payments.

What you'll owe when the current loan comes due.

Try a few rates to see the range.

Estimated new loan

$5,529,000

Limited by income at a 1.25x debt service coverage ratio.

Based on income$5,529,000
Based on value$5,600,000
Payoff at maturity$5,200,000

Estimated cash out before closing costs$329,000

Estimated payment on the new loan: $37,343 a month (25-year amortization at 6.50%).

You may have room to take cash out or to negotiate better terms.

Send us these numbers

This is a rough estimate for planning, not a loan offer or commitment. Lenders also weigh debt yield, the property's condition, location and tenants, the borrower's experience and credit, and market conditions at the time.

Get ahead of your maturity date.

Send us a few details about your loan, and we'll get back to you with next steps.

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