Borrower experience ยท Demo

Your goal

Buy a home in Atlanta, GA. Everything below works backwards from that.

Target location
Atlanta, GA
Target purchase price
$489,000
Comfortable monthly payment
$3,000/month
Target timeline
12-18 months

Your path

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

Cash

Needs work

Today: $11,400 saved

Needed: ~$29,000 for down payment and closing

Credit

Improving

Today: 41% utilization

Needed: Under 30% utilization

Income / DTI

Improving

Today: $1,180 monthly debt

Needed: Under $950 monthly debt

Monthly payment alignment

Watch

Today: Comfortable at $3,000

Needed: $489K scenario runs near $3,310

Your next actions

Three things that move the goal closer.

  1. 01

    Automate $400 per month into the home fund.

    Why: Reserves are the largest gap between today and your $489K target.

  2. 02

    Move $1,500 from the store card to your lowest rate card.

    Why: It lowers the utilization on the account weighing most on your credit.

  3. 03

    Review $190/month of subscriptions.

    Why: Freeing that up improves the payment you can carry comfortably.

3 of 6 current actions completed.

Your homebuying team

A

Andrew

Mortgage Advisor

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