Borrower experience ยท Demo

Your goal

Buy a home in Columbus, OH. Everything below works backwards from that.

Target location
Columbus, OH
Target purchase price
$455,000
Comfortable monthly payment
$2,800/month
Target timeline
12-18 months

Your path

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

Cash

Needs work

Today: $9,600 saved

Needed: ~$27,000 for down payment and closing

Credit

Improving

Today: 33% utilization

Needed: Under 30% utilization

Income / DTI

Improving

Today: $1,205 monthly debt

Needed: Under $1,000 monthly debt

Monthly payment alignment

Watch

Today: Comfortable at $2,800

Needed: $455K scenario runs near $3,080

Your next actions

Three things that move the goal closer.

  1. 01

    Move the $255 you freed up into the home fund automatically.

    Why: The refinance savings only help your goal if they land in reserves.

  2. 02

    Bring the two cards under $2,400 combined.

    Why: That is what moves utilization under the 30% your plan targets.

  3. 03

    Review $140/month of recurring charges.

    Why: It improves the monthly room available for your target payment.

2 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.