Hard Money Loan Calculator
Model short-term, interest-only hard money loans — including origination points and payoff amount.
Loan details
$
$
%
%
Monthly interest payment
$2,300.00
Points cost
$4,800
2% of loan
Total interest over term
$27,600
Total cost of financing
$32,400
Estimated payoff amount
$272,400
Loan-to-purchase
80%
Hard money loans are typically interest-only with a balloon at the end of the term (often 6–24 months). Origination points are paid up-front and effectively raise the true annualized cost of the loan.