Hard Money Loan Calculator
Estimate your total hard money loan costs — interest, points, and monthly payments — in seconds.
Monthly Payment
$1,542
Interest only
Total Interest
$18,500
Over full term
Total Cost
$22,500
Interest + points
Cost Breakdown
Loan amount$200,000
Origination fee (points)$4,000
Total interest paid$18,500
Total financing cost$22,500
How to Use This Calculator
- Loan Amount: Enter the total amount you want to borrow (purchase price + rehab budget)
- Interest Rate: Use the current rate from your target lender — compare rates at our lender comparison page
- Loan Term: How long you expect to hold the property before selling or refinancing
- Origination Points: The upfront fee charged by the lender (typically 1–4%)
The 70% Rule for Fix and Flip
The most common formula for determining your maximum purchase price is the 70% rule: Maximum Purchase Price = (ARV × 70%) − Estimated Repair Costs
For example: If a property’s ARV is $250,000 and repairs cost $40,000: Max purchase = ($250,000 × 70%) − $40,000 = $175,000 − $40,000 = $135,000