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Hard money loan calculator for fix and flips
Enter the purchase price, the rehab budget and the after-repair value. The calculator shows your loan amount and anything you would need to bring.
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Your loan amount shows as you type. Send the deal and a loan officer follows up.
Estimate only. Loan amount is the lower of 100% of purchase plus rehab or 70% of the sale price when finished (after-repair value). Minimum loan $150,000. Business-purpose loans on investment property.
How the fix and flip loan calculator works
It adds your purchase price and rehab budget to get your total cost, then compares that with 70% of the after-repair value. Your loan is the lower of the two.
It also shows the highest purchase price that would still get 100% of the purchase and rehab funded.
A deal that is fully funded
| Deal | Amount |
|---|---|
| Purchase price | $180,000 |
| Rehab budget | $60,000 |
| Total cost | $240,000 |
| After-repair value | $360,000 |
| 70% of after-repair value | $252,000 |
| Loan amount | $240,000 |
A deal where you bring part
| Deal | Amount |
|---|---|
| Purchase price | $210,000 |
| Rehab budget | $70,000 |
| Total cost | $280,000 |
| After-repair value | $380,000 |
| 70% of after-repair value | $266,000 |
| You bring | $14,000 |
| Loan amount | $266,000 |
A deal under the minimum
| Deal | Amount |
|---|---|
| Purchase price | $95,000 |
| Rehab budget | $35,000 |
| Total cost | $130,000 |
| After-repair value | $200,000 |
| 70% of after-repair value | $140,000 |
| Loan amount | $130,000, under the $150,000 minimum |
Questions investors ask
Straight answers about hard money loan calculator.
Is the calculator result a loan approval?
No. It is an estimate based on the three numbers you enter. Continue to the application for your actual terms.
What is after-repair value?
After-repair value, or ARV, is what the house should sell for once the rehab is finished. It is usually based on recent sales of renovated houses nearby.
What is the smallest loan you make?
Loans start at $150,000.
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