Free Calculator · Updated October 2026
Size a hard money or fix-and-flip loan in seconds. See how much the lender will fund based on purchase price, rehab and after-repair value (ARV), plus points, monthly interest and the cash you need to close.
Estimates only, not a loan offer or commitment. Rates, terms and eligibility depend on credit, property, income and lender guidelines. Save Financial, NMLS #377740, DRE #01875766.
Hard money lenders look at the deal more than your income. They typically fund a percentage of the purchase price, some or all of the rehab budget (released in draws as work is completed), and cap the total at a percentage of the after-repair value (ARV):
Loan = lower of (purchase × % financed + rehab × % financed) or (ARV × max loan-to-ARV)
Payments are usually interest-only, and the lender charges points (a percentage of the loan) at closing. Cash to close here assumes rehab not funded by the lender comes from you.
| Item | Amount |
|---|---|
| 90% of purchase + 100% of rehab | $720,000 + $200,000 = $920,000 |
| 75% of $1.3M ARV cap | $975,000 → loan $920,000 |
| Monthly interest at an assumed 11% | $8,433 |
| Points (2%) | $18,400 |
| Cash to close (down payment, points, 1% costs) | About $106,400 |
| Interest over 6 months | About $50,600 |
Rates and points are examples only. Run the full profit picture in the fix and flip calculator.
See the hard money loan program and fix and flip loans.
Commonly 80% to 90% of the purchase price plus 50% to 100% of rehab, capped at 65% to 75% of the after-repair value.
Points are often 1% to 3% of the loan and rates are well above conventional mortgages. Terms vary by lender, experience and deal.
Usually yes. You pay interest monthly on the funded balance and repay the principal when you sell or refinance.
Generally no. Hard money loans are for investment and business-purpose properties.
Often within 5 to 14 days once the property and title are cleared.
No. It is an estimate for planning only.
Send the address, price, rehab budget and ARV. We compare private lenders and come back fast.