Cash-out refinance calculator

Appraised value ($)Net operating income ($/yr)Current loan payoff ($)Prepayment cost ($)Yield maintenance, defeasance or step-down fee. 0 if you are in the open window.New loan rate (%)Amortization (years)Max LTV for cash-out (%)Cash-out caps are often below rate-and-term caps. Use your lender's number.Min DSCR (x)Closing costs (% of new loan)Reserves and escrows at closing ($)

Max loan by LTV–

Max loan by DSCR–

New loan–

Limit that binds–

Closing costs–

Cash to you at closing–

DSCR at that loan–

Estimates only, not a loan quote.