HomeIQ

by Shoeb

Look closer.
Buy smarter.

Free home-buying analyzer for the US, India & UAE — true monthly cost, honest buy-vs-rent break-even, and a straight buy / don't-buy verdict. Runs entirely in your browser.

PrivateNo sign-up, no tracking

CoverageUS · India · UAE

Your Numbers

Property & Loan

Property address ⓘ

Purchase price ($) ⓘ

Down payment (%) ⓘ

Interest rate (%) ⓘ

Loan term (years) ⓘ

Property tax (%/yr) ⓘ

Home insurance ($/mo) ⓘ

HOA ($/mo) ⓘ

PMI ($/mo) ⓘ

▼🏗 Off-Plan Payment Plan

Payment plan ⓘ

Booking deposit (%) ⓘ

During construction (%) ⓘ

On handover (%) ⓘ

Post-handover (%) ⓘ

Post-handover period (yrs) ⓘ

Months to handover ⓘ

Value change by handover (%) ⓘ

Bank LTV at handover (%) ⓘ

How off-plan is handled: your booking + construction instalments are paid in cash from savings — no mortgage and no rent saved during the build, so you keep paying rent meanwhile. At handover the mortgage starts on the handover portion only, and service charges begin. Fees at booking: DLD 4% + Oqood registration (~AED 3,000) — put these in Closing costs. Buyer funds are protected in a RERA escrow account (Law No. 8 of 2007), but construction delay and handover-valuation risk sit with you.

▾Your Finances

Gross income /yr ($) ⓘ

Net take-home /mo ($) ⓘ

Gross income /mo ($) ⓘ

Other monthly debt ($) ⓘ

Cash available ($) ⓘ

Closing costs ($) ⓘ

▾401(k) Loan (optional)

401(k) loan amount ($) ⓘ

401(k) loan rate (%) ⓘ

401(k) loan term (years) ⓘ

How it's counted: the amount is added to your cash at closing (often enough to reach 20% down and erase PMI — try raising Down payment %). The repayment counts in % of take-home but not in lender DTI — lenders generally don't count 401(k) loans because you're borrowing from your own assets. Trade-offs: the borrowed money misses market growth, repayment is after-tax, and if you leave your job the balance can come due within ~60–90 days (else it's taxed + 10% penalty if under 59½).

▾Sell / Rent Scenario

Appreciation (%/yr) ⓘ

Rent alternative ($/mo) ⓘ

Rent increase (%/yr) ⓘ

Home-loan tax benefit (est.) ⓘ

🏠 Enter a purchase price and your income to get your buy / don't-buy verdict.

Automatic guide based on your inputs (cash, take-home comfort, lender ratio, buy-vs-rent break-even) — not financial advice.

Monthly Payment & Affordability

Total monthly (all-in)

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Loan amount

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Cash needed at closing

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Reserve after closing

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% of take-home

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Lender DTI (gross)

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If rates move

Stress: payment if rate +2%

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Reserve runway if income stops

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Itemized breakdown

Principal & interest—

PMI—

Property tax—

Home insurance—

HOA—

Total / month—

% of take-home pay

Payment breakdown

Principal vs Interest

Month-1 interest

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Month-1 principal

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Total interest over loan

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Total of all payments

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Month-1 payment split

Yearly interest vs principal

Cumulative interest vs principal (labelled each year)

Equity Milestones & Early Payoff

20% equity / PMI droppable

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Loan half paid off

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Total interest (no extras)

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Pay extra whenever you have cash

Combine any of the three — everything below updates live.

Extra every month ⓘ $0

Extra once a year / bonus ($) ⓘ

One-time lump sum ($) ⓘ

…applied in year # ⓘ

New payoff time

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Time saved

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Interest saved

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PMI droppable (with extras)

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Loan balance over time

At 80% LTV (balance ≤ 80% of the purchase price) you must request PMI removal from your servicer; it terminates automatically at 78% LTV if you're current on payments.

Buy vs Rent — Should You Buy?

Years you'd stay ⓘ 7 yr

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Home value when you sell

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Cash in hand after selling

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Total cost of owning

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Total cost of renting

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Buying vs renting (net)

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Buying advantage vs renting — by years you stay

Above the dashed line buying wins; below it renting wins.

Location, Schools & Shopping

Loads automatically from the address above — map, schools by level, and nearby shopping.

Pick an address at the top of the form, then open this tab — everything loads on its own.

Open in Google Maps ↗

Compare Homes & Get a Recommendation

Fill the form, click 📊 Add to Compare (top of the form), repeat for each home or financing option — then compare here. Green cells mark the best value per row. Comparisons are saved in this browser.

About

HomeIQ · Built by Shoeb · Look closer. Buy smarter.

Home-buying math shouldn't live in a lender's black box.

HomeIQ gives you the full picture in seconds — punch in a property, get the numbers and a straight answer. No spreadsheets, no guesswork, no sales pitch.

💵

True all-in monthly costEvery line, not just principal & interest.

📈

What actually builds equityHow much of each payment is really yours.

🛡️

When PMI can goThe exact month you hit 20% — and how to get there sooner.

⚡

What early payoff savesYears and interest cut by paying extra.

⚖️

Buy vs rent, honestlyA real break-even year for your numbers.

🌍

US · India · UAELocal rules, currencies and costs — including Dubai off-plan.

🔒 Your numbers stay with you. Everything is calculated in your browser — your address, income, and prices are never sent to a server, and saved comparisons live only on this device. No cookies, no tracking, no sign-up. I collect anonymous counts of which features get used (never any value you type) so I know what to improve.

Estimates only — not lending, legal, or tax advice.

© 2026 Shoeb. All rights reserved. "HomeIQ"™, its logo and the tagline "Look closer. Buy smarter." are marks of Shoeb. Personal, non-commercial use permitted; copying, rebranding or redistribution without written permission is prohibited.

Look closer.Buy smarter.