Borrower experience ยท Demo
Your goal
Buy a home in Tulsa, OK. Everything below works backwards from that.
- Target location
- Tulsa, OK
- Target purchase price
- $280,000
- Comfortable monthly payment
- $1,800/month
- Target timeline
- 18-24 months
Your path
Where you are today, and what would need to change.
Cash
Needs workToday: $4,300 saved
Needed: ~$17,000 for down payment and closing
Credit
Needs workToday: 68% utilization
Needed: Under 30% utilization
Income / DTI
WatchToday: $880 monthly debt
Needed: Under $600 monthly debt
Monthly payment alignment
WatchToday: Comfortable at $1,800
Needed: $280K scenario runs near $1,940
Your next actions
Three things that move the goal closer.
- 01
Pay $150 above the minimum on the highest rate card.
Why: Small consistent payments are what move utilization down over the next year.
- 02
Put $200 per month into a separate home fund.
Why: Reserves are the longest lead item for your $280K target.
- 03
Keep every payment on time for the next three cycles.
Why: Payment history is currently the strongest lever on your plan.
1 of 5 current actions completed.
Your homebuying team
Priya
Mortgage Advisor
Mentra is helping you work toward your homeownership goal between conversations with Priya.