Refinance Calculator
A refinance calculator estimates a new loan amount from property value and target LTV, then subtracts the existing loan balance and refinance closing costs. It helps model scenarios, but final terms depend on lender review, appraisal, DSCR, reserves, and market conditions.
Estimates are based on your inputs and assumptions. DealSharp does not provide financial, investment, legal, tax, or lending advice.
Run the number, then pressure-test the assumptions.
A refinance calculator estimates a new loan amount from property value and target LTV, then subtracts the existing loan balance and refinance closing costs. It helps model scenarios, but final terms depend on lender review, appraisal, DSCR, reserves, and market conditions.
Use this page to understand the metric directionally, then compare it against financing, reserves, repair risk, cash flow, and your own constraints.
Use this working calculator as a starting point, then run the full deal in DealSharp when you need more inputs, side-by-side scenarios, and risk context.
Estimated cash before reserves = property value x new LTV - existing loan balance - refinance closing costs
If value is $350,000, new LTV is 75%, existing loan balance is $210,000, and refinance closing costs are $5,000, estimated cash before reserves is $47,500.
Assumptions
Refinance scenario
Estimated outputs
Scenario snapshot
Scenario estimate based on the inputs shown here. Use the full DealSharp app to compare financing, repairs, vacancy, cash flow, and risk assumptions before deciding.
How to read this number
The useful move is not treating one number as a final answer. Use it to decide which assumptions deserve more review, then compare the result against cash flow, financing, reserves, repair risk, and your own constraints.
Inputs required
- Property value or appraised value assumption.
- Target new loan-to-value.
- Existing loan balance and refinance closing costs.
Outputs explained
- Estimated new loan amount.
- Estimated cash before reserves.
- Context for comparing refinance, LTV, DSCR, and debt yield.
Assumptions to review
- Property value is accepted as the scenario valuation basis.
- Refinance closing costs are modeled as cash or loan costs before reserves.
- The calculator does not predict lender review, appraisal, or final pricing.
What this tells you
- The estimate shows how much room may exist between new debt and current debt.
- It helps compare refinance scenarios before deeper lender review.
- It should be reviewed beside DSCR, debt yield, and post-refinance cash flow.
What this does not tell you
- It does not verify appraisal, lender terms, reserves, or seasoning requirements.
- It does not show whether post-refinance cash flow is acceptable.
Common mistakes
- Ignoring refinance closing costs.
- Using optimistic value without a lower-value scenario.
- Reviewing cash-out estimate without checking DSCR and post-refinance payment.
FAQ
Does this calculator guarantee cash-out proceeds?
No. It models a scenario from your inputs. Lender rules, appraisal, DSCR, reserves, and closing costs can change the result.
Should DSCR be checked after a refinance?
Yes. A higher new loan amount can increase debt service, which can reduce DSCR and cash flow.
Run the full deal before deciding
This page helps with one metric or workflow. DealSharp is built for full real estate deal analysis: assumptions, financing, cash flow, repair scenarios, DSCR, cap rate, and risk flags based on your inputs.
Open DealSharpDisclaimer
DealSharp provides calculation and scenario-modeling tools for informational purposes only. Outputs are estimates based on your inputs and assumptions. DealSharp does not provide financial, investment, legal, lending, tax, or accounting advice. Verify important decisions with qualified professionals.