Language
English (US)
DIY Debt Service Coverage Ratio Form
Email
example@example.com
What is the purpose of your loan?
*
Please Select
Purchase Vehicle
Purchase Equipment
Start A Business
Refinance an Existing Loan
Real Estate - Owner Occupied
Real Estate - Leasehold Improvements
Real Estate - Construction
Line of Credit / Working Capital
Purchase Business
Other
What is the total amount needed for your loan?
*
2021 Business Net Income
*
Tax Return Forms: Schedule C - Line 31 / Form 1120 - Line 30 / Form 1065 - Line 22
2021 Business Depreciation & Amortization
*
Tax Return Forms: Schedule C - Line 13 / Form 1120 - Line 20 / Form 1065 - Line 16
What is the total monthly minimum payment for your real estate loan(s)?
What is your total monthly minimum payment for all your business credit cards?
What is your total monthly minimum payment for all other term loans? (i.e. Vehicle Loans, Equipment Loans)
What is your total monthly minimum payment for all other business debt that it not included in the above questions?
$$What is the total monthly minimum payment for your real estate loan(s)?
$$What is your total monthly minimum payment for all your business credit cards?
$$What is your total monthly minimum payment for all other business loans?
$$What is your total monthly minimum payment for all other business debt?
$$What is the total amount needed for your loan?
$$$What is the total amount needed for your loan?
Down Payment Amount %
Calculation - Proposed Loan Amount
$2021 Business Net Income
$$Net Income
$2021 Business Depreciation
$$Depreciation
Calculation - Business Income
$$Calculation - Business Income
$What is your total monthly payment for all business debt?
$$What is your total monthly payment for all business debt?
Calculation - Annualized Debt Payment
Terms
Interest Rate
Calculation - New Loan Payment
$$Calculation - New Loan Payment
DSCR Results Input
Less than 1.0
Greater than 1.0 and Less than 1.25
Greater than 1.25
< 1.0
You currently do not meet the bank minimum criteria of 1.25 to qualify for a new loan. 3 ways you can improve your business DSCR are increase revenue, reduce business expenses, and/or increase profitability of your service/product.
>1.0 + < 1.25
Your business is very close to qualifying for the business loan! Some banks may consider approval if your personal income can offset the shortage. They will evaluate your global DSCR by combining both your personal DSCR and business DSCR.
>= 1.25
Congratulations! It looks like your business meets the minimum DSCR requirements of > 1.25. This indicates your business has sufficient income to support a new loan! In order to qualify for a business loan most bank tends to evaluate the business DSCR and the personal DSCR together, referred to as the global DSCR, over the past two years as well as year-to-date. If your global DSCR is 1.25 or greater, you are likely to be approved for a loan. If you would like to find out if you qualify for a loan by determining your global DSCR over the past two years and year-to-date, check out our Loan Qualification Assessment!
$$Annualized New Loan Payment
$$$Calculation
$$$2Calculation
n
NegN
r
1+r
$Calculation - Total Debt
1Calculation - Total Debt
Calculation - DSCR
DSCRRRRRRRR
Pow2
Contact Type
Total Minimum Monthly Payment
$$Total Minimum Monthly Payment
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