Cash-out refinanceReplaces the first mortgage
$3,636+$800No payment savings$13,00062.7%One payment, but the new rate and term apply to the full balance.
Decision tools
Get oriented before we talk.
These estimates are a starting point—not a quote or approval. Dante can add real taxes, insurance, mortgage insurance, closing costs, and product rules. Borrowers can start anywhere in the country; state availability and product fit are confirmed in the review.
Purchase
Monthly payment
Estimated monthly payment$4,692
Principal & interest$3,792Taxes & insurance$900Loan amount$600,000
Estimate excludes HOA, mortgage insurance, and closing costs.
Home equity
Available equity
Potentially accessible equity$260,000
Total equity$430,000Current LTV49.4%
Actual limits depend on product, occupancy, credit, income, and property.
Equity strategy
Compare the structures
See how a cash-out refinance, HELOC, and fixed second could change the monthly picture before you ask for a real quote.
Cash modeled within your LTV target$100,000
Accessible equity$260,000Current first payment$2,836Requested cash$100,000
Payment estimates use principal and interest only.
StructureEst. monthly paymentChange vs. currentEst. feesCombined LTV
HELOCKeeps the first mortgage in place
$3,628+$792No payment savings$1,00061.2%Illustrated as interest-only; the rate and payment can change.
Fixed secondAdds a separate fixed payment
$3,752+$916No payment savings$1,50061.2%Keeps the current first mortgage; the second loan has its own fixed term.
Illustrative planning math only—not a quote, preapproval, or lending decision. Actual pricing, limits, fees, payment structure, and eligibility vary by state, property, occupancy, credit, income, and product. Dante will verify the details with you.
Debt consolidation
Monthly cash-flow change
Estimated monthly cash-flow improvement$1,460
Illustrative new payment$640Current payments$2,100
Extending debt over a longer term can increase total interest even when monthly payments fall.
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