Mortgage & DSCR Payment Calculator
Calculate monthly mortgage payments for investment properties. Toggle between conventional mortgage and DSCR loan mode to see your full payment breakdown, cash flow, and debt service coverage ratio.
Standard mortgage calculator with escrow breakdown.
Payment Summary
Total Monthly Payment
$0
P&I: $0 · Escrow: $0
Monthly Breakdown
Loan Summary
P&I = Principal + Interest
Conventional vs. DSCR Loans for Investors
Real estate investors have two primary financing paths, each with distinct qualification requirements and trade-offs:
| Feature | Conventional | DSCR |
|---|---|---|
| Qualification | Personal income, DTI, credit | Property income (DSCR ratio) |
| Down Payment | 15-25% | 20-25% |
| Interest Rate | Lower | 0.5-1.5% higher |
| Loan Limit | 10 financed properties | No limit |
| Tax Returns | Required | Not required |
| Best For | W-2 earners, first 10 properties | Self-employed, scaling investors |
Understanding DSCR
The Debt Service Coverage Ratio is the property's net operating income divided by its debt service (mortgage payment):
DSCR = NOI / Annual Debt Service
For example, a property with $24,000 in NOI and a mortgage costing $19,200 a year has a DSCR of 1.25 ($24,000 ÷ $19,200) — comfortably in the range most lenders want to see.
- DSCR 1.25+ — Strong. The property generates 25% more income than needed to cover the mortgage. Most lenders are comfortable here.
- DSCR 1.0-1.24 — Meets minimum. The property covers its debt but has thin margin. May qualify with higher rates or more down payment.
- DSCR below 1.0 — The property doesn't generate enough income to cover the mortgage. Some lenders offer “no-ratio” or 0.75 DSCR programs with significant rate premiums.