How the cash-out proceeds scenario works
This tool starts with an assumed property value and an assumed maximum LTV, then shows what may remain after entered liens and closing costs. The maximum LTV is a user assumption, not a product offer.
The model multiplies assumed property value by the assumed maximum LTV percentage to create a hypothetical new-loan ceiling. It subtracts the liens you entered and the estimated closing costs. A positive remainder is shown as hypothetical net proceeds; a negative remainder is shown as a funding shortfall.
Property value × assumed maximum LTVA scenario boundary supplied by the user.
Assumed new loan − liens − closing costsShows the modeled cash remaining after retiring entered obligations and costs.
max(0, liens + costs − assumed new loan)Flags scenarios where the entered ceiling would not cover the entered obligations.
Use a defensible property-value assumption.
Enter an LTV ceiling only as a scenario input; verify actual product limits separately.
Include every lien expected to be paid or accounted for.
Stress-test a lower property value and higher closing costs before relying on the result.
Best used for
- Sizing a rough cash-out scenario
- Seeing the effect of existing lien balances
- Testing sensitivity to value, LTV or closing-cost assumptions
What this tool does not answer
- The calculator does not determine an eligible LTV.
- It does not calculate a payment, rate, reserves or approval.
- Actual payoff amounts and closing costs can differ from current statement balances and estimates.
How to read a sample result
Illustrative example: a $500,000 value at an assumed 80% LTV produces a $400,000 hypothetical new-loan ceiling. Subtracting $300,000 of liens and $12,000 of closing costs leaves about $88,000 of modeled net proceeds.
The methodology below explains how this calculator treats the inputs and assumptions. Replace the sample values with your own planning figures. Results are estimates, not quotes, approvals, disclosures or recommendations.
Inputs and units
Property value, assumed maximum LTV, lien payoff and closing costs. All currency entries are U.S. dollars. Percentage fields take a number such as 6 for six percent, not 0.06. Repayment terms marked in months use whole months; horizons marked in years use whole years.
Calculation workspace
Enter your own figures in the calculator above. The starting values are examples only. No personal identifiers are needed to run a scenario.
How to interpret the result
Read every result together with the assumptions you entered. Changing an input changes the scenario, not product availability. Displayed amounts are rounded for readability.
Assumptions and limitations
Maximum LTV is an assumption supplied by the user, not an offered program limit. Negative proceeds are a funding shortfall.
Review more than one scenario
Run a base case and then change one uncertain input at a time. Compare a shorter holding period, a higher cost or a different repayment term where those inputs are supported. Record which costs have not been entered. A precise-looking number can still rest on uncertain assumptions.
Invalid inputs and error recovery
If an input is missing or outside the calculator’s supported range, the page will ask you to correct it. Use negative values only in fields that explicitly allow them. A calculation error is not a credit decision.
Model documentation
The calculator methodology explains the inputs, assumptions and supported models. Use the result for planning and compare it with the provider’s written terms and applicable disclosures before making a decision.
Choose a product for your calculation
Use these comparisons for planning; final eligibility, pricing and terms are set by the provider.
Program references and comparison sources
CFPB: Loan Estimate explainer — Comparison of covered mortgage disclosures, cash to close, points, lender credits and monthly costs.
CFPB: Understand the different kinds of loans available — Loan structures, terms and repayment risks; not provider-specific eligibility.
Check the linked source for its effective date and applicable scope. A source link is not a lender partnership or an individual offer.