Buyer Readiness Score
A short quiz for buyers that scores how ready they are, out of 100, and lists next steps. Covers savings, credit, income and debt, job stability and preparation.
Open the Buyer Readiness ScoreStep by step
- 1
Pick the home and down payment
Enter the target price and pick a down payment of 3%, 5%, 10% or 20%.
- 2
Answer savings and credit
Enter what's saved for the down payment and closing, the emergency fund, and the credit score range.
- 3
Answer income and readiness
Enter monthly income before tax, monthly debts and time at the job. Then say whether they've talked to a lender, know where to live and have an agent.
- 4
Download the PDF
If you like, pick a client and property in the Client & property menu above the button so the PDF says who it's for. It doesn't change your numbers. Download the Buyer Readiness Report PDF with your name, photo and phone on it; it saves to the Results tab.
- 5
Send it to clients
The Share tab has your branded link for this calculator, with buttons to copy, text or email it. Clients can run it there on their own.
Reading the results
The score is out of 100: 75 and up reads Ready, 50 to 74 Almost, under 50 Not yet. Bars show savings, credit, income and debt, stability and preparedness, and three figures show the estimated payment, cash needed and debt-to-income.
Next steps lists what to do, such as how much more to save, credit work, or getting pre-approved.
Assumptions
The rate is a rough guess from the credit range, on a 30-year loan. Taxes and insurance are about 1.45% of price a year, PMI is 0.5% under 20% down, and closing costs are about 3%. It's not a pre-approval.
What the PDF has
The score and verdict, each part's score, the buyer's numbers and the next steps.
On your branded page
Clients can run this calculator on your branded page, techybroker.com/b/{handle}, under Buying. To download the PDF they give a name and an email or phone. That adds them to your clients, and their runs and downloads show in Activity.
Questions
Can buyers take this on my page?
Yes. It's a good first link to send a new buyer. When they download, they show up in your clients.
Why is the payment different from the Mortgage Calculator?
This quiz uses fixed rough assumptions. Use the Mortgage Calculator for a payment with your own rate, taxes and insurance.
Related
Works out the home price a buyer can afford from income, debts, down payment and rate, with the full monthly payment at that price.
Shows the full monthly payment with taxes, insurance, PMI and HOA, plus the loan balance over time. Also handles extra payments and discount points.
Your branded page at techybroker.com/b/{handle} has your calculators with your name and photo on them. Clients run their own numbers and download PDFs branded to you.