Inputs to verify
The result is only as useful as the numbers.
- Eligible lease or market rent
- Principal and interest
- Property taxes
- Homeowners and flood insurance
- HOA or condominium dues
- Any lender-defined housing expenses
Free interactive mortgage tool
DSCR calculator
Estimate the relationship between eligible monthly rent and a property's monthly housing expense.
How the tool works
Use the formula. Then challenge the assumptions.
The simple planning formula is eligible monthly rent divided by the applicable monthly housing expense. The lender determines which lease, market-rent, tax, insurance, HOA, and other figures may be used.
When eligible rent increases relative to the applicable housing expense, the planning ratio rises. When taxes, insurance, association costs, or the mortgage expense increase, the ratio falls. The lender controls the figures used and the result required.
Questions to ask
Before relying on the result
- Which rent figure will the lender use?
- Does the expense include current Florida insurance and taxes?
- What reserves, credit, property, and prepayment terms apply?
Continue the review
Connect the estimate to a useful answer.
This free planning tool provides an educational estimate. It is not a quote, approval, commitment to lend, or substitute for a Loan Estimate and documented mortgage review.
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