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Home / Jacksonville / Calculators / DSCR Loan Calculator

Jacksonville DSCR Loan Calculator

DSCR Loan Calculator Jacksonville mortgage estimates pre-filled with Duval County, Florida property-tax and insurance figures. Educational only.

Illustrative rate used: 6.875% (a conservative national average, not a quote). Estimates only, using an illustrative interest rate and current Florida county data. Not a quote, offer, or commitment to lend. Verify every figure with a licensed Florida lender before relying on it.

How DSCR loans work

A DSCR (Debt-Service Coverage Ratio) loan is an investment-property mortgage that qualifies on the property's cash flow rather than your personal income. The ratio is simple: gross monthly rent ÷ the property's total monthly payment (PITIA — principal, interest, taxes, insurance, and any HOA). A DSCR of 1.00 means the rent exactly covers the payment; most lenders look for 1.00–1.25 or higher, with 20–25% down.

Because they skip personal debt-to-income underwriting, DSCR loans are popular with investors who own several properties or whose tax returns understate cash flow. They usually carry a higher rate than an owner-occupied loan (shown here as an illustrative premium) and are for non-owner-occupied properties only. This is an educational estimate — a licensed lender confirms rent assumptions, reserves, and actual pricing.

Frequently asked questions

What is a DSCR loan?

A DSCR (Debt-Service Coverage Ratio) loan is an investment-property mortgage that qualifies on the property's cash flow instead of your personal income. DSCR = gross monthly rent divided by the total monthly payment (PITIA).

What DSCR do lenders want?

A DSCR of 1.00 means the rent exactly covers the payment. Most lenders look for 1.00 to 1.25 or higher, along with 20 to 25 percent down. A higher ratio usually means better pricing.

Is this a quote?

No. It is an educational estimate using an illustrative investment rate — not a quote, pre-qualification, or commitment to lend. HomeWise is an educational publisher, not a lender, broker, or servicer.

Local Insight

Understanding the Jacksonville Market

Jacksonville sits in Duval County, Florida. Neighborhoods such as Riverside, San Marco, Avondale, Mandarin, and Jacksonville Beach each carry their own mix of home ages, price tiers, and insurance considerations that are worth understanding before you set a budget in Jacksonville.

A buyer planning a budget in Jacksonville usually starts from the area's approximate median home value of about $300,000 (a rough market benchmark, not a quote). Duval County's effective property-tax rate runs near 0.97% of a home's value per year, which on a $300,000 home works out to roughly $2,910 a year, typically collected monthly through an escrow account. Florida's homestead exemption can lower that bill for a primary residence.

Homeowners insurance is the other big Florida variable: county-level estimates put a typical annual premium around $3,200 on a roughly $400,000 home in Duval County, with the figure swinging up or down based on roof age, wind-mitigation features, and flood-zone exposure. For context on what local incomes look like, the area median income for a four-person household in Duval County is about $89,500 per year, the benchmark many first-time-buyer and affordability programs use to set eligibility.

Taken together, the median price, Duval County tax rate, and insurance outlook are what shape a realistic monthly payment in Jacksonville — which is why the calculator above is pre-set with this county's numbers. Adjust the inputs to match your own situation, and confirm current figures with a licensed Florida lender of your choice before making any decisions.