Preliminary Figures
Model it yourself. Then get real numbers.
Six calculators, no strings, no email gate. Estimates for orientation only — your actual numbers depend on your full scenario, and those take James about fifteen minutes. Nothing here is a quote or a commitment to lend.
Monthly Payment (PITI)
Principal + interest + taxes & insurance.
South Florida taxes and insurance vary block by block — James quotes real Broward figures on the scenario call.
How Much House Can I Afford?
Uses a standard debt-to-income ceiling on gross income.
Assumes ~43% total DTI and ~1.6% of price/yr for Florida taxes + insurance. Programs differ — assistance can raise this, and bank statement income counts differently.
Rent vs Buy
Five-year comparison with modest, stated assumptions.
Assumes rent rises 3%/yr, home appreciates 3%/yr, ~3% buying costs, 1%/yr maintenance; ownership cost is net of principal paid and appreciation. Markets don't sign contracts — treat as orientation.
Refinance Breakeven
How many months until the refi pays for itself.
A shorter term can raise the payment while still saving interest — the refinance page covers when that trade makes sense.
DSCR Calculator
Does the rent cover the payment? 1.00+ is the usual bar.
Full picture on the DSCR loan page — condo HOA figures matter enormously in Broward.
Extra Payment Payoff
What an extra monthly payment does to your term and interest.
Prepaying competes with investing and with keeping liquidity — worth a conversation before committing serious money monthly.
Want your real numbers? The pre-approval takes about two minutes — no SSN, no credit pull — call James directly at (954) 695-5801, or if you're ready now, start the full secure loan application. All results above are illustrative estimates, not offers, quotes, or a commitment to lend.