Calculate cash-out refinance proceeds, new payment, and remaining equity for investment properties.
📍 Property Address (optional)
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InputsShared
Current Situation
Current Property Value
$
Current Loan Balance
$
Current Monthly Payment
$
Refinance Terms
New Loan LTV %?
%
New Interest Rate %
%
New Term (years)
Estimated Closing Costs
$
Pro Forma — More Equity
Pro Forma Value?
$
Pro Forma LTV %
%
Cash-Out RefiCurrent
Pro Forma Refi
Enter values to see results
Cash-Out Amount
—
proceeds to you
New Payment
—
/mo
Equity Remaining
—
after refi
Closing Costs
—
Cash-Out Calculation
Property Value—
New Loan (LTV%)—
Pay Off Balance—
Closing Costs—
Net Cash to You—
Payment Comparison
Current Payment—
New Payment—
Monthly Difference—
Remaining Equity—
After plan
Enter values to see results
Pro Forma Cash-Out
—
at higher value
Pro Forma Equity
—
remaining
Extra Cash-Out
—
vs As-Is
New Payment
—
Pro Forma Cash-Out
Pro Forma Value—
New Loan—
Cash-Out—
Equity Remaining—
BRRRR Use Case
Cash to Reinvest—
Properties at $50K in—
Leverage Ratio—
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Enter your property value, current balance, and new loan terms. The calculator shows exactly how much cash you'll receive, your new payment, and remaining equity.
A cash-out refinance lets you tap home equity by refinancing your mortgage for more than you owe. Most lenders allow 75–80% LTV on investment properties. Use cash-out proceeds to fund the next BRRRR, pay off higher-interest debt, or make improvements.