Important Calculators
The numbers worth running before you sign
Three tools for three real decisions: what you can qualify for when your income is self-employed, what owning actually saves you at tax time, and what an extra payment does to a 30-year loan. Nothing is saved, nothing is sent, and no credit is pulled. When you want the real figure, Justin is a phone call away.
Self-Employed Buying Power
Bank statement math instead of tax returns. See what your business income could actually qualify for.
- Adjustable expense ratio — as low as 15% for solo service businesses
- Add a co-borrower's W-2 or other income
- Shows your qualifying income, budget, and loan amount
Homeowner Tax Savings
Mortgage interest and property taxes are deductible — but only above the standard deduction. This does that math honestly.
- Built on verified 2026 federal figures
- Handles the $40,400 SALT cap and $750,000 interest limit
- Tells you plainly when the answer is zero
Early Payoff Calculator
See what an extra $100 or $500 a month really does to a 30-year loan. The answer surprises most people.
- Interest saved and years knocked off the term
- Add a one-time lump sum
- Compare 30, 20, and 15-year terms
Home Equity Calculator
See how much of your home's equity you could tap — and what the payment looks like — up to 90% combined loan-to-value.
- Enter your value and current balance
- Borrow slider with live monthly payment
- Choose a 10, 15, or 20-year term
Ready for a real number?
A calculator can only go so far. Justin will look at your actual deposits, credit, and goals and tell you exactly where you stand — usually the same day.
More from the Walsh Team
These tools are educational estimates and not a pre-approval, a commitment to lend, or tax advice. Bank statement and Profit & Loss loans are non-QM products; rates, down payment, expense ratios, and qualifying guidelines vary by lender, program, and borrower profile. Tax results depend on your full return — confirm anything here with a CPA or licensed tax preparer.
Self-Employed Buying Power Estimator
See roughly what you could buy
A quick, no-pressure estimate using a bank-statement approach: we take your gross income at your chosen expense ratio, subtract your other monthly debts, and translate that into an approximate home price. Slide the numbers to match your situation.
Your numbers
Everything here is a slider — nothing is a commitment. Adjust and watch your estimate update.
Your total business deposits / revenue before expenses.
Bank statement programs commonly assume ~50% of deposits are business expenses.
Your ratio may be lower The ratio depends on your business type. Service businesses with no employees — solo consultants, agents, and other low-overhead operators — are often qualified at an expense ratio as low as 15%, which can raise your buying power substantially. A CPA or licensed tax preparer letter is typically required to use a ratio below the standard 50%, and the final ratio is set by the lender and program.
A co-borrower's W-2 salary, 1099 work, retirement or pension income, or net rental income. Enter the gross monthly amount, before taxes.
How this is counted Income entered here is not reduced by the expense ratio above — that ratio applies only to business deposits, and W-2 or salary income is already net of business expenses. Two things to keep the estimate honest: for rental income, enter about 75% of the gross rent, since lenders discount it for vacancy and upkeep. And if this is a co-borrower's income, add their car payments, cards, and student loans to the monthly debts below.
Car loans, credit card minimums, student loans, etc. — not rent.
Percent of the home price you pay up front.
A placeholder — adjust to a rate Justin quotes you. Non-QM rates differ from conventional.
Estimated buying power
$0
estimated home price
No credit pull to start · takes about 10 minutes
Rough estimate only, for education. Assumes a 50% maximum debt-to-income ratio and roughly 1.5%/yr for property taxes + insurance on a 30-year term; it does not include HOA dues, reserves, mortgage insurance, or every qualifying factor. This is not a pre-approval, a commitment to lend, or financial advice — your actual numbers depend on the lender, program, and your full profile. Bank statement and Profit & Loss loans are non-QM products; rates, down payment, loan amounts, expense ratios, and qualifying guidelines vary by lender, program, and borrower profile and are subject to change. Expense ratios are determined by the lender based on your business type and structure — the 50% default shown here is a common assumption, not a guarantee, and reduced ratios such as 15% for service businesses with no employees generally require supporting documentation from a CPA or licensed tax preparer. Other income entered in this estimator is treated as gross monthly qualifying income and is not reduced by the expense ratio; all income must be documented and verified, rental income is typically counted at roughly 75% of gross rents, and any co-borrower's income can only be used if their debts and credit are also included in the file.
Homeowner Tax Savings Estimator
What owning could save you at tax time
Mortgage interest and property taxes are deductible — but only the amount your itemized deductions exceed the standard deduction actually lowers your tax bill. This estimator does that math honestly, using 2026 federal figures.
Your situation
All estimates. Nothing here is filed, saved, or sent anywhere.
Adjusted gross income — roughly your total income before deductions.
Interest is deductible on up to $750,000 of loan balance.
In California, typically 1.0%–1.25% of the purchase price per year.
This shares one capped bucket with your property tax, so it changes the result. Enter $0 in a no-income-tax state.
Charitable giving, and out-of-pocket medical costs above 7.5% of your income. These stack on top of your housing deductions and can push you further past the standard deduction.
Estimated federal tax savings
$0
in year one — about $0 a month
No credit pull to start · takes about 10 minutes
Talk to your tax professional Franklin Direct originates mortgages — we don't prepare taxes or give tax advice. This tool is an educational estimate built on 2026 federal figures, and everyone's return is different. Confirm anything here with a CPA or licensed tax preparer before you rely on it for a buying decision.
How this is calculated. Year-one mortgage interest comes from a standard 30-year amortization. Interest is limited to the portion attributable to the first $750,000 of acquisition debt, the limit made permanent by the One Big Beautiful Bill Act; loans originated on or before December 15, 2017 may qualify for a higher $1,000,000 limit not modeled here. Property and state/local income taxes share the 2026 SALT cap of $40,400 ($20,200 married filing separately), which phases down by 30% of modified AGI above $505,000 to a $10,000 floor and is scheduled to revert to $10,000 in 2030. Standard deductions used are $32,200 married filing jointly, $16,100 single, and $24,150 head of household. Savings are computed by running your income through the 2026 federal brackets twice — once taking the standard deduction and once itemizing — and comparing the results, which is why the benefit is limited to the amount above the standard deduction rather than the full interest figure.
Not included: state income tax effects (California does not follow the federal SALT cap and has its own rules), the alternative minimum tax, deductible mortgage insurance premiums (available in 2026 but phased out entirely above $110,000 AGI), points, additional standard deductions for filers 65 and older, and any credits. Interest declines every year as the loan amortizes, so year one is the largest benefit and later years are smaller. This is an educational estimate, not tax advice, a pre-approval, or a commitment to lend.
Early Payoff Calculator
What an extra payment actually buys you
Every dollar above your required payment goes straight to principal — and every dollar of principal you kill stops accruing interest for the rest of the loan. Small amounts compound into surprising numbers.
Your loan
Move the extra payment slider first — that's where the story is.
Added to every payment and applied entirely to principal.
Check your note first Tell your servicer in writing to apply extra funds to principal — otherwise many will hold it as a prepaid future payment, which saves you nothing. And some non-QM, bank statement, and investor loans carry a prepayment penalty for the first few years. Your note or closing disclosure will say. Worth a two-minute check before you send a large payment.
A bonus, tax refund, or business distribution applied today. Because it lands at the start, a lump sum does more work than the same amount spread out over years.
Interest you'd never pay
$0
and you'd own it free and clear 0 months sooner
Time to payoff
No credit pull to start · takes about 10 minutes
Worth weighing against the alternatives Paying down a mortgage is a guaranteed return equal to your interest rate — but it's money you can't easily get back. Before committing, compare it against your emergency fund, higher-rate debt, retirement matching, and what a refinance would do. Paying down faster also shrinks your mortgage interest deduction over time, so the tax savings estimator on this site is worth a look alongside this one.
How this is calculated. A standard monthly amortization is run twice — once on the scheduled payment and once with your extra amount applied to principal each month, plus any lump sum applied at the start — and the two are compared. Figures reflect principal and interest only. They exclude property taxes, insurance, HOA dues, and mortgage insurance, which don't shrink when you prepay. Results assume every extra payment is applied to principal in the month it's made and that your rate is fixed for the life of the loan; adjustable-rate loans will differ. The payoff date assumes you start this month. Some loan programs carry prepayment penalties — check your note. This is an educational estimate, not a pre-approval, a commitment to lend, or financial advice.
Home Equity Calculator
How much equity can you access?
If your home is worth more than you owe, that difference is equity — and you can often borrow against it up to 90% of your home's value. Enter your numbers to see how much you could tap and what the payment would look like. Nothing is saved, sent, or pulled.
Your home
Two numbers get you an answer. Adjust the borrow amount if you don't need the full sum.
A recent appraisal, an agent's estimate, or a site like Zillow gets you close. The lender will order a formal valuation.
What you still owe on your existing loan (or loans). Enter $0 if the home is paid off.
Starts at the maximum available. Slide down to see the payment on a smaller amount.
Equity you could access
$0
up to 90% combined loan-to-value
No credit pull to start · takes about 10 minutes
An example rate, not an offer The 7.00% rate and 7.40% APR shown here are illustrative figures for estimating a payment — not a quote, a lock, or an offer to lend. Your actual rate and APR depend on your credit, combined loan-to-value, loan amount, occupancy, and the specific program, and they change with the market. A home equity loan is secured by your home, which means the home is at risk if the loan isn't repaid. Call Justin for a real quote on your situation.
How this is calculated. Available equity is 90% of the home value you enter, minus your current mortgage balance (combined loan-to-value, or CLTV). The estimated payment is a fully amortizing principal-and-interest figure on the amount you choose to borrow, at a 7.00% note rate over the selected term. The 7.40% APR is a Truth-in-Lending disclosure figure that reflects the rate plus estimated finance charges; it is shown for comparison and is not used to calculate the payment, which is why the two differ.
Important: 90% CLTV is shown as an illustrative maximum — actual maximum CLTV, loan amounts, rates, and APRs vary by lender, program, credit profile, occupancy (primary, second home, or investment), property type, and lien position, and are subject to change without notice. This is not a pre-approval, a commitment to lend, a rate quote, or an offer of credit, and not all applicants qualify. The payment excludes property taxes, homeowners insurance, and any HOA dues, which are typically paid separately. A home equity loan or line is secured by your home; failure to repay can result in the loss of your home. Consult your loan officer and, where appropriate, a tax or financial professional before borrowing against your equity. Equal Housing Opportunity.