BSW Resident Budget Calculator | Taylor Dasch - EG Realty

🩺BSW Resident Financial Tool

Resident Budget
Calculator

See your real purchasing power with a 0% down Physician Loan based on your BSW Temple stipend — and why buying beats renting during residency.

What's your training level?

How many years is your program?

YOUR PGY-1 ANNUAL STIPEND

$70,993

MONTHLY GROSS

$5,916

🏦

Max Purchase Power

$0

With 0% down physician loan

💰

Monthly PITI

$0

Principal, interest, tax, ins.

📈

Equity Built

$0

Over 3 years

Why this matters: You're buying a home in Temple on a $71K salary today. In 3 years, you'll earn $250K–$350K+ as an attending. Meanwhile, that same home has appreciated — and you've built equity instead of paying your landlord's mortgage. In Austin or Dallas, residents can't buy during training. In Temple, you can.

Rent vs. Buy vs. House Hack

🏢 Renting

Monthly$1,400

Total paid$0

Equity built$0

Net cost

-$0

🏠 Buying

Monthly PITI$0

Total paid$0

Equity built$0

Net position

+$0

🏘️ House Hack

PITI - rent$0

Total paid$0

Equity built$0

Net position

+$0

📅 Your 90-Day Match-to-Move Timeline

March — Match Day

You matched at BSW Temple. Get your offer letter — this is your key to loan pre-approval.

April — Pre-Approval

Connect with a physician loan lender. Extraco approves on future income — no paycheck stubs needed.

May — House Hunt

Virtual tours + in-person visit during interview/orientation trip. We handle everything remotely.

June — Close

Close on your new home before residency starts. Move in stress-free before orientation week.

July — Day One

Start residency in YOUR home. First paycheck goes toward building equity — not a landlord.

Physician Loan Partners

Extraco Banks

Local · Temple, TX

Approves on offer letter. 90-day close before first paycheck. Local processing = fast.

First Horizon

National Physician Loan

0% down up to $1M. No PMI. Student loans excluded from DTI ratios.

BMO Harris

National Physician Loan

0% down up to $750K. Competitive rates for residents and fellows.

Estimates based on 2025-26 BSW GME stipend data, 6.5% interest rate, 2.4% property tax rate, and 2% annual appreciation. Physician loan assumes 0% down, no PMI. Actual rates, qualification, and costs will vary. This is not financial advice — consult a licensed lender for pre-approval.

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