Free Tool

Hard money loan calculator.

Estimate your loan amount, points, monthly interest, and projected profit before you submit the deal. Defaults reflect typical terms from active hard money lenders (10–12% interest, 2–3 points, 90% LTC, 75% ARV cap).

Your deal

Loan terms

Your estimate

Capped by LTC — the binding constraint on this deal.

Loan amount$270,000
Points (financing fee)$5,400
Monthly interest$2,475
Total interest (9 mo)$22,275
Cash to close$35,400
Total project cost$327,675
Projected gross profit$72,325
Submit this deal to a lender →

Estimate only. Final terms vary by lender, borrower, and property.

How the math works

  • Loan amount = lesser of (Purchase + Rehab) × LTC% and ARV × ARV%. Most hard money lenders quote both caps; the lower one wins.
  • Points are a one-time origination fee, charged as a % of the loan amount and usually paid at close.
  • Monthly interest = loan amount × rate ÷ 12. Hard money is typically interest-only.
  • Cash to close = down payment (cost minus loan) + points. Closing costs and reserves are extra.

Need a DSCR loan instead? See DSCR loan requirements →