At NW Alternative Mortgage, we are dedicated to making your home financing journey as smooth and transparent as possible. That's why we are thrilled to announce the launch of our brand-new library of easy-to-use loan calculators! These tools are designed to provide you with the insights you need to make informed decisions about your mortgage options.
Explore Our Library Of Loan Calculators
Our loan calculators cover a wide range of needs, from estimating monthly payments to understanding how extra payments can save you money in the long run. Here’s a quick overview of each calculator and how it can benefit you:
DSCR Loan Calculator
DSCR is a financial metric that measures the cash flow available to meet debt obligations. It is calculated by dividing the property's net operating income (NOI) by the total debt service (annual loan payments). Check out our new DSCR Loan Calculator here.
House Flipping Calculator
When purchasing a fix and flip property there are so many factors that borrowers must weigh and consider. Our new easy-to-use House Flipping Calculator can help you work out the Net Profit, ROI and Cash Invested when flipping a house. Check out our new House Flipping Calculator here.
Home Affordability Calculator
A house is one of the biggest purchases you can make, so knowing how much you can afford is a key step in the home-buying process. You’ll need to start by weighing how much money you have coming in — your monthly earnings from your job, investments and any other streams of income — versus how much you have going out to cover costs like student loans, credit card balances and car payments. Check out our Home Affordability Calculator here.
Hard Money Loan Calculator
Hard money loans can be an excellent option for those experienced in real estate who need a short-term loan with quick approval. These loans are often more expensive than traditional mortgage loans. Still, they are sometimes the best fit for particular projects, especially when purchasing discount properties or fixing-and-flipping houses. To see what your estimated monthly payments on a hard money loan click here.
1031 Exchange Calculator
A 1031 exchange allows an investor to defer capital gains taxes on the sale of certain types of property by reinvesting the proceeds into a similar property. This calculator helps estimate the potential tax savings and net proceeds from a 1031 exchange transaction. Check out our new 1031 Exchange Calculator here.
Mortgage Lending. Made Easy.
At NW Alternative Mortgage, our experienced team is here to help uncomplicate the mortgage lending process for you. Call our team today at 503-343-7999 to find out more about our Non-QM and hard money lending solutions.