DSCR Direct

When Does a DSCR Refinance Make Sense?

Refinancing an investment property is worth it when the monthly savings outweigh the closing costs within your planned hold period. This calculator divides your estimated closing costs by the monthly payment reduction to find the break-even month - the point where the refinance starts saving you money.

DSCR refinance loans work the same way as purchase loans - qualification is based on the property's rental income, not your personal income. You can refinance into a new 30-year fixed-rate DSCR loan with no tax returns or income verification. Cash-out refinance options are also available for pulling equity out of stabilized rental properties.

Keep in mind that the new loan resets your amortization to a 30-year term. While this lowers the monthly payment, it means you will pay more interest over the life of the loan compared to your current remaining term. The break-even analysis focuses on monthly cash flow impact, which is typically what matters most for investment property operators.

For the most accurate refinance analysis, use the DSCR Direct pricer to get live rate quotes. Current rates change daily and depend on your credit score, LTV, property type, and DSCR ratio.