Hey everyone, quick question! When I’m trying to figure out the Debt Service Coverage Ratio (DSCR), I start by using a mortgage calculator to determine the monthly payment. But how do I know what interest rate I should input into the calculator?
• Where do I get this information from?
• Is there a source or website you use?
• Do I make an educated guess, or is there a benchmark or tool I should be referencing?
I’d really appreciate any feedback or suggestions. Thanks in advance for your help!