Borrower experience ยท Demo

Your goal

Buy a home in Seattle, WA. Everything below works backwards from that.

Target location
Seattle, WA
Target purchase price
$710,000
Comfortable monthly payment
$4,200/month
Target timeline
12-18 months

Your path

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

Cash

Improving

Today: $38,600 saved

Needed: ~$82,000 for down payment and closing

Credit

On track

Today: 16% utilization

Needed: Under 30% utilization

Income / DTI

On track

Today: $1,320 monthly debt

Needed: Under $1,500 monthly debt

Monthly payment alignment

Watch

Today: Comfortable at $4,200

Needed: $710K scenario runs near $4,780

Your next actions

Three things that move the goal closer.

  1. 01

    Keep the $1,150 monthly transfer running through the year.

    Why: At this pace you close the reserves gap roughly nine months sooner.

  2. 02

    Compare a $640K target scenario alongside $710K.

    Why: A slightly lower price aligns with the payment you called comfortable.

  3. 03

    Avoid new auto or personal financing this year.

    Why: It would raise the monthly obligations your target payment has to absorb.

3 of 4 current actions completed.

Your homebuying team

A

Andrew

Mortgage Advisor

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