Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on .

User Stats

3
Posts
0
Votes
Amy Blunck
0
Votes |
3
Posts

Help - am I using the wrong calulator??

Amy Blunck
Posted

Hello,

We are looking into buying a new primary residence and keeping our existing home as a rental (est. $2200/mo) because we have a significant amount of equity in it ($133k), and a low interest rate on that mortgage (3.5%, $1291/mo, including taxes/insurance). We're considering getting a 30 year fixed (4.625%) for our new primary home (est. $2050/mo, including taxes/insurance). I can't figure out the best calculator to use for this. I've tried the Rental Property calculator but I think I'm messing it up when it asks me for purchase price and ARV, and whether it's a cash purchase or loan info. What numbers do I need to be inputting here or am I just using the wrong calculator altogether? Please guide me towards the correct resource if I need a different calculator or tool.

Thanks,

Amy