Hard Money Loan Calculator
Hard money funds fast, asset-based deals — flips and BRRRR acquisitions — against the property's after-repair value. Enter your numbers to see the loan amount, the points and interest it costs, and the cash you'll bring to closing.
Results
Loan Amount
$0
Interest / mo
$0
Total Financing Cost
$0
Loan = lesser of (ARV × 70%) and (purchase + rehab). Interest is interest-only.
How Hard Money Loans Are Sized
Hard money lenders underwrite the deal, not your income. They cap the loan at a percentage of the after-repair value and won't exceed your actual project cost:
Loan = lesser of (ARV × 70%) and (Purchase + Rehab)
Worked example
You buy at $200,000, budget $40,000 of rehab, and the ARV is $320,000. At 70% of ARV the cap is $224,000 — just below your $240,000 project cost, so the loan is $224,000. At 2 points that's $4,480 up front, and at 11% interest-only the payment is about $2,053/month. You'd bring roughly $20,480 to close (the $16,000 cost gap plus points).
Have an exit nailed down before you borrow. Most flippers either sell or refinance into a longer-term loan; BRRRR investors plan a DSCR refinance. Run the full deal through the fix-and-flip or BRRRR calculator, and see hard money lenders.