Scott Alvarez

Real estate calculators

Run the numbers before you make the move.

Estimate the monthly cost of a property using clear assumptions for financing, taxes, insurance and other carrying costs.

Rehab Estimator

Scope-by-scope renovation budget with contingency and per-square-foot context.

Rehab Estimator

Your assumptions

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Calculations are estimates for educational and planning purposes only. They are not a loan estimate, lending commitment, appraisal, tax opinion, insurance quote, investment guarantee, legal advice, or financial advice. Actual costs and financing terms vary.

What this estimate includes

Nothing is estimated behind the scenes.

Financing

Principal and interest are calculated from the amount financed, the interest rate, and the loan term you enter.

Carrying costs

Property taxes and homeowners insurance are entered annually and divided evenly across twelve months.

Recurring property costs

HOA or condo fees, mortgage insurance, and any other monthly property costs are added to the total as entered.

How the numbers move

Financing terms change the payment. Carrying costs change the reality.

Loan terms

Rate, term, and down payment set the loan payment. A shorter term raises the monthly figure while reducing total interest; a larger down payment lowers both the payment and, often, mortgage insurance.

Ongoing costs

Taxes, insurance, and association fees are not financed — they continue for as long as you own the property, and they change over time. In much of Upstate New York they are a meaningful share of the monthly total.

Review these numbers with Scott.

A calculator can estimate the payment. The property, financing, condition, taxes, insurance, association rules and long-term objective still need to be considered together.

Scott Alvarez · Realtor · New York Real Estate License #40AL1084992 · Coldwell Banker Prime Properties (NY) · Coldwell Banker Realty (FL) · Calculations are estimates for educational and planning purposes only. They are not a loan estimate, lending commitment, appraisal, tax opinion, insurance quote, investment guarantee, legal advice, or financial advice. Actual costs and financing terms vary.