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.
Before you begin, you will need:
- The HAMP Non-Approval Notice with list of NPV inputs, if you received one from your mortgage servicer;
- The CheckMyNPV.com Quick Start Guide to find helpful information to lead you through the CheckMyNPV.com evaluation process.
