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Free Tool

Buy Another Property Calculator

Thinking about a second property or investment unit? See what's realistic first.

Your current finances

The new mortgage

Estimated interest rate5.5%
Amortization period25 yrs

Assumes lenders count 50% of expected rental income toward qualification — a common, conservative approach, though it varies by lender and program. Investment properties usually require a minimum 20% down payment. This is an estimate, not a pre-approval.