Borrower experience ยท Demo

Your goal

Buy a home in Mesa, AZ. Everything below works backwards from that.

Target location
Mesa, AZ
Target purchase price
$410,000
Comfortable monthly payment
$2,600/month
Target timeline
3-6 months

Your path

Where you are today, and what would need to change.

Cash

On track

Today: $22,000 saved

Needed: ~$23,000 for down payment and closing

Credit

On track

Today: 19% utilization

Needed: Under 30% utilization

Income / DTI

On track

Today: $610 monthly debt

Needed: Under $700 monthly debt

Monthly payment alignment

On track

Today: Comfortable at $2,600

Needed: $410K scenario runs near $2,680

Your next actions

Three things that move the goal closer.

  1. 01

    Keep card balances where they are until your next lender review.

    Why: Your utilization is already inside the range your target scenario needs.

  2. 02

    Move $22,000 into a single dedicated home account.

    Why: Seasoned funds in one account are simpler to document for your target purchase.

  3. 03

    Book time with Andrew this month.

    Why: Your numbers now line up with the $410K scenario you set out to reach.

5 of 5 current actions completed.

Your homebuying team

A

Andrew

Mortgage Advisor

Mentra is helping you work toward your homeownership goal between conversations with Andrew.

Milestone reached

You have reached an important milestone. It may be a good time to reconnect with Andrew and review your updated numbers.