Hard Money Loan Calculator
Hard Money Loan: a planned Super Calculator tool. Covers loan amount (currency). Stub page: the tool, its formula and a worked example are not published yet.
Hard Money Loan Calculator is a planned calculator in the real estate section of Super Calculator, covering investment property.
What this calculator will compute
Inputs: loan amount (currency), rate (%), points, term (months), rehab holdback (currency) and draw schedule.
Outputs: monthly interest (currency), total interest (currency), origination cost (currency) and effective annualized cost (%).
Formula, recorded as scope and not yet verified against a primary source: Interest-only payments at a high rate on the drawn balance, plus origination points charged upfront, with rehabilitation funds released through a draw schedule so interest accrues only on funded amounts. Effective annualized cost = (points + interest paid) / average balance, annualized over the short hold.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.