Free tool

Hard Money Loan Calculator

Hard money is priced on rate plus points. See the interest-only monthly payment and what the loan actually costs over the hold. Nothing is saved, and there is no signup wall.

Why points matter

Most hard money loans are interest-only, so the monthly payment is just the loan times the rate divided by twelve. The real cost is the points and fees charged up front plus the interest you pay over the hold. A lower rate with more points can cost more than a higher rate with none on a short flip; the term decides which wins.

Plan the exit before you borrow: refinance into a DSCR loan or sell. Compare options in DSCR vs hard money.