Hard Money Loan Calculator
Last updated: November 5, 2026
Estimate a hard-money loan amount, cash required, interest-only payment, points and total financing cost for a property project.
Estimated hard-money loan amount
—
- Cash required before other closing costs: —
- Monthly interest-only payment: —
- Lender points: —
- Total interest and points: —
On this page
Quick summary: Estimate a hard-money loan amount, cash required, interest-only payment, points and total financing cost for a property project.
Read the complete guide
Updated reference sections in this guide are in English.
What this calculator estimates
Estimate a hard-money loan amount, cash required, interest-only payment, points and total financing cost for a property project.
How to use it
Enter Property purchase price ($); Planned rehab cost ($); Maximum financing (%); Annual interest rate (%); Loan term (months); Lender points (%). Select Calculate to update the results.
How the calculation works
The estimated loan equals total purchase and rehab cost multiplied by the entered financing percentage. Interest is modeled as interest-only, with points charged on the initial loan amount.
Worked example: starting scenario
| Property purchase price ($) | 300000 |
|---|---|
| Planned rehab cost ($) | 80000 |
| Maximum financing (%) | 75 |
| Annual interest rate (%) | 12 |
| Loan term (months) | 12 |
| Lender points (%) | 2 |
| Estimated hard-money loan amount | $285,000.00 |
|---|---|
| Cash required before other closing costs | $95,000.00 |
| Monthly interest-only payment | $2,850.00 |
| Lender points | $5,700.00 |
| Total interest and points | $39,900.00 |
Important limitations
Hard-money underwriting often uses purchase-price LTV, after-repair value, draw schedules and reserves rather than one simple percentage. Appraisal, inspection, legal and extension fees are not included.
Loan-to-cost is the model used here
The percentage input is applied to purchase price plus rehab cost. It is therefore a loan-to-project-cost assumption, not a loan-to-appraised-value calculation. For $100,000 purchase plus $50,000 rehab at 80%, the modeled loan is $120,000 and the project cash gap is $30,000 before points. A lender using after-repair value, holdbacks or staged draws can produce a different advance.