Appraisal Gap Calculator

Estimate an appraisal-gap cash scenario using the lower of contract price or appraised value and an entered loan-to-value assumption.

Quick answer: Estimate appraisal-gap cash using the lower of contract price or appraised value and an entered LTV assumption. Enter Contract Price, Appraised Value, and Planned Down Payment to personalize the estimate. It returns Appraisal Gap, Loan Amount at Entered LTV Scenario, and Total Cash Needed to Close at Contract Price so you can compare the impact before choosing a next step. Use it to compare payment, equity, rate, and timing tradeoffs before applying or changing a loan.

Appraisal Gap

$20,000

Appraisal Gap

$20,000

Loan Amount at Entered LTV Scenario

$344,000

Total Cash Needed to Close at Contract Price

$106,000

Extra Cash Beyond Your Planned Down Payment

$16,000

Diagnostic

The appraisal gap is $20,000; the entered LTV scenario produces a loan amount of $344,000.

To close at the full contract price, you'd need about $16,000 in cash beyond your planned down payment.

Compare mortgage lenders

What to do next

Compare mortgage lenders ->

Your action plan

1
Set the target and timeline for this plan
Estimate appraisal-gap cash using the lower of contract price or appraised value and an entered LTV assumption.
2
Pressure-test one alternate scenario before deciding
Assumptions change the answer, especially when rates, taxes, or timing matter.
3
Save the result to Money Map or use the linked next action
Turn the result into a prioritized action instead of treating it as a one-off number.

Compare mortgage lenders

This is an educational estimate, not tax, legal, investment, or lending advice. Tax rules, rates, and eligibility change and depend on your full situation. Confirm with a qualified professional or the provider before acting.

Calculator action path

Turn this result into a decision

Every SwitchWize calculator connects to a product comparison, rate context, guidance, alerts, and Money Map.

Rate authority hub

Compare

You could gain ~$20,000/yr — compare nowMove from calculation to current product options.

Rate Trend

Track mortgage ratesUse market context before you decide when to act.

Guide

The Homeowner's Money Playbook: Everything After You Buy (2026)Every guide tells you how to buy a house. Almost none tells you how to run one. Closing is the start of a 30-year financial contract that is mostly interest in the early years, and the owners who pay attention win back thousands: refinancing past break-even, killing PMI, reshopping insurance, appealing property taxes, and getting the payoff-versus-invest call right.

Money Map

Map this $20,000/yr opportunitySave this opportunity and see how it fits your broader money plan.

Alert

Create a rate alertWatch the market instead of checking manually.

About mortgage rates

Mortgage rates depend on loan type (30-yr fixed, 15-yr fixed, ARM, FHA, VA, jumbo), your credit score, down payment, points paid, loan amount, property state, and whether you're purchasing or refinancing. The calculator above uses a representative market rate for payment estimates — your actual rate will vary.

For a personalized rate comparison, use the tool below to see lenders ranked by APR, loan type, and your profile.

Compare mortgage rates

30-yr fixed · 15-yr fixed · FHA · VA · ARM — ranked by APR

Compare rates →

Mortgage rates shown on SwitchWize compare pages include loan type, assumed FICO, LTV, and points. Representative only — verify all terms directly with the lender. Advertising disclosure

Free to embed

Add this calculator to your site

Paste this snippet into any page. No account or API key required, the widget is responsive, and it updates with live rates. A SwitchWize attribution link is included in the embed automatically.

<iframe src="https://www.switchwize.com/embed/appraisal-gap" width="100%" height="680" loading="lazy" style="border:1px solid #e2e8f0;border-radius:14px;max-width:100%;width:100%" title="SwitchWize calculator"></iframe>
<script>(function(){window.addEventListener("message",function(e){if(e.origin!=="https://www.switchwize.com")return;var d=e.data;if(!d||d.type!=="sw-embed-resize")return;var f=document.getElementsByTagName("iframe");for(var i=0;i<f.length;i++){if(f[i].contentWindow===e.source){f[i].style.height=d.height+"px";break;}}});})();</script>

Frequently Asked Questions

Everything you need to know.

What does the Appraisal Gap Calculator show?

Estimate an appraisal-gap cash scenario using the lower of contract price or appraised value and an entered loan-to-value assumption.

How should I use the result?

Use the result as a planning and comparison aid. Review the assumptions, adjust your inputs, and compare the output with your actual options before acting.

What should I do after using this calculator?

Use the related links and next-action modules on the page to compare products, continue in Money Map, or review related guidance on SwitchWize.

Is the Appraisal Gap Calculator free to use?

Yes. SwitchWize calculators are free, and you do not need an account to run scenarios or view the result.

Does using the Appraisal Gap Calculator affect my credit score?

No. Using a calculator does not trigger a credit check. A credit impact can occur only if you apply directly with a lender, card issuer, or provider.

Are the results personalized financial advice?

No. Calculator outputs are educational estimates based on the inputs you enter. Review assumptions and confirm terms directly with providers before making a financial decision.

What should I do after seeing the result?

Use the recommendation module on this page to compare mortgage lenders ->, or run Money Map to compare this home & mortgage decision with your other opportunities.

How does SwitchWize choose related offers?

Related offers are matched by the calculator surface (mortgage) and ranked using SwitchWize data such as rate, fees, trust signals, product fit, and switching friction. Paid relationships do not change organic ranking order.

How fresh are the rates and offers shown?

Rate and offer data is reviewed on a recurring cadence and every offer module shows review context or links to the methodology and disclosure pages.

Where can I see the ranking methodology?

The SwitchWize methodology page explains how rate freshness, editorial review, affiliate disclosure, and category ranking factors work.

Can Money Map use this result?

Yes. Money Map is the broader diagnostic path: it compares savings, mortgage, cards, and debt so you can see whether this calculator result is your highest-impact next move.