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Investor · DSCR · Rate Reduction Refinance

DSCR Investment Rate Reduction Refinance

Lower your rate or pull cash from a rental — qualified on the property's income, not yours. Estimate your new payment, savings, max loan, and cash back.

Built by Jim Blackburn · NMLS #1072866 · $500M+ closed · 7× Scotsman Guide Top Producer

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Your current payment excluding taxes, insurance, and MI.

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Skip if not applicable.

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Use an appraisal, online estimate, or your best guess.

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Check Zillow for comparable rentals.

Rent ÷ total PITIA. Most lenders require 1.0+; a few allow 0.75.

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If unsure, assume ~0.5% lower than your current rate.

Are you thinking about buying another home after this one to continue your wealth journey?

Summary

Rate Reduction

New Principal & Interest Payment$1,728.05
Monthly Savings$971.95
Annual Savings$11,663Refinance costs ~3% of loan; varies by state. Not a Loan Estimate.

Optional Cash Out (based on rent)

Maximum Loan per Rent$320,000Increase rent or lower DSCR to 0.75 to raise this.
Estimated Cash Back$62,500Includes ~3% estimated closing costs. Not a Loan Estimate.
Total Monthly Housing Expense (with cash back)$3,800
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Estimates only — not a commitment to lend.

Jim Blackburn

By Jim Blackburn

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Important Disclaimer

This calculator is for illustrative purposes only and does not constitute financial, legal, or investment advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. Please consult with a licensed mortgage advisor before making financial decisions.

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