CheckMyNPV.com is a free tool provided by the United States Department of the Treasury, and the Department of Housing and Urban Development in conjunction with the Obama Administration's
Making Home Affordable Program.
CheckMyNPV.com is designed to assist homeowners in conducting a net present value (NPV) evaluation of their mortgage for the Home Affordable Modification Program (HAMP).
Need more information about NPV?
CheckMyNPV.com can be used by homeowners who have been denied a HAMP modification because of their NPV result. Homeowners can enter the NPV input values listed in the HAMP Non-Approval Notice received from their mortgage servicer, or substitute with estimated NPV input values, to compare the outcome provided by CheckMyNPV.com against that on the Non-Approval Notice.
This tool can also be used by homeowners prior to applying for a HAMP modification to help them better understand the NPV evaluation.
CheckMyNPV.com provides only an estimate of a mortgage servicer’s NPV evaluation. While the NPV formula used on CheckMyNPV.com is required to be the same as that of your mortgage servicer’s, differences in input data and other industry-related data may result in different outputs. After using CheckMyNPV.com, it is recommended that you save a copy of the evaluation and share it with your mortgage servicer to discuss options available to you.
Looking for the detailed explanation of the NPV methodology and model including all formulas and variables? Download the Official Net Present Value “Whitepaper” for more information.
Be aware that you cannot save your progress, so you will want to completely fill out the form prior to final submission. Do not click the back button at any time during this process or you will lose all data entered.
Estimated time of completion is around 15 minutes.
Before you begin, you will need: