All the DSCR Loan Calculators You’ll Ever Need in one Place

I’ve used DSCR loans to buy over 120 rental properties in the U.S. since 2016. Today, I help clients from all over the world build profitable rental property portfolio in the USA. For most of us, the DSCR loan product is the cornerstone of our financing strategy.

We created these DSCR loan calculators and DSCR loan rates calculator to help other investors quickly and easily calculate the DSCR ratio, down payment requirements, cash out proceeds, and estimated interest rate for any rental property. They’re free to use – no obligation – and I hope you find them useful.

DSCR Loan Calculator

You can use this calculator to esitmate the DSCR for any rental property. The output will give your the DSCR, loan to value, likely closings costs, and cash reserve requirements. Most lenders look for a DSCR ratio of 1.25 or higher, although there are lenders with programs for properties with a DSCR of 1.0 to 1.25.

To use the calculator, just add raw numbers in the required fields, and that’s it. This is the simplest and easiest to use DSCR loan calculator available. It’ll help you quickly assess whether your rental property would qualify for a DSCR loan in about 5 seconds. If your property has a low DSCR, you can read my article on how to improve your DSCR.

DSCR Loan Rates Calculator

DSCR loan rates vary significantly based on the specifics of the loan application and the lender. You can use my free DSCR loan rates calculator below to get a rate estimate based on loan size, credit score, and DSCR ratio for any rental property.

DSCR Cash Out Refinance Calculator

Use this calculator the work out your net equity pull using a DSCR cash out refinance loan.

Getting Approved For a DSCR Loan

Having used DSCR loans to fund my own U.S. rental property portfolio, experience tells me that you really only need two things to get approved for a DSCR loan:

• Solid Rental Property
• Proofs of Funds

While the terms (interest rate and fees) you will get offered will vary based on a range of factors, if you have these two elements in place, there will be DSCR lenders willing to fund your DSCR mortgage loan.

To get a pre-approval for a DSCR loan, you will need to provide the lender with some details about you and the property, including:

• Property Address
• Property Tax Amount
• Insurance Amount
• Rent Amount
• Your Residency (U.S. or Foreign)
• Your U.S. Credit Score (if relevant)

Based on that information, a lender will be able to give you specific loan terms – usually the same day. To ensure a quick pre-approval, you can check out my DSCR loan pre-approval checklist.