Jaken Finance Group Second Position DSCR Calculator

Model first + second lien PITIA and combined LTV. Estimates only — not a loan offer.

Property Current value / appraisal ($) Property type

Gross monthly rent ($) FICO (middle score)

Taxes / mo ($) Insurance / mo ($) HOA / mo ($)

First-position mortgage Current first-lien balance ($)

First-lien rate (%) Years remaining

First-lien payment type I know my monthly first-lien P&I

Second-position DSCR (this loan) Second-lien amount ($)

Second-lien rate (% annual) Illustration only — actual rate is quoted per file. Second-lien term

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Combined LTV

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Cap 80%

Combined DSCR

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Must be greater than 1.0

Total monthly PITIA

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First + second + T/I/HOA

Monthly cash flow

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Gross rent − combined PITIA

Leverage vs. value —

First lien Second lien 80% CLTV cap

PITIA stack

Max by 80% CLTV

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Max by 1.0 DSCR

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Binding max cash-out

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Blended rate

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Balance-weighted first + second

Equity remaining

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Value − first − second

Program checklist

Keep the first vs. cash-out refinance

Same cash pulled, two capital stacks. Refinance comparison uses an illustrative first-lien DSCR rate you can edit.

Illustrative first-lien DSCR refi rate (%)