Estimate your realized yearly energy savings to calculate an estimated increase to your property value.
The IPV is based on present value and dollar per energy reduction formulas that are averaged into a total number. The IPV can then be used for appraisal analysis (discounted rates) or added to the current value of the property, (subject to completed improvements and appraisal, underwriting requirements), to achieve an estimated value.
(Disclaimer: The IPV calculator yields a general estimate and in no way reflects an actual appraised or property sale value. A formal audit and appraisal will need to be conducted, and is subject to lender approval and funding. For a property listing evaluation, contact your local real estate agent.)
This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loan may be subject to payment of points and fees by the applicant. Green Energy Money is not a licensed mortgage entity.