Hard Money Loan Calculator
Calculate the true cost of hard money loans including all points and fees.
Loan Terms
$250,000
Property Details
LTV125%
LT-ARV77%
Additional Fees
Extension Options
Review Numbers
Potential Profit: $34,805
Total Loan Cost
$40,195
Effective APR: 16.1%
Cost Breakdown
Origination Fee$5,000
Total Interest$30,000
Closing Costs$9,595
Draw Fees$600
Cash Required
Down Payment-$50,000
Cash to Close-$40,405
Total Cash Needed-$40,405
Monthly Payment
$2,500
Interest Only
Profit Analysis
Total Project Cost$290,195
Potential Profit$34,805
ROI-355%
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