Hard Money Calculator Inputs and Outputs to be used

There are many figures you should input into the hard money calculator. They include the purchase price, the after the repair cost (ARV) and repair costs, lender’s expected ratio of loan-to-value, rates of interest, the loan duration and the fees and points upfront.

Purchase Price

Enter the actual price you paid on the house in the section. If you don’t have a specific purchase price, you can type the estimated, projected, or anticipated purchase price.

Repair Costs

Input your budget estimates to repair here. Repair expenses include both the items you’ll need for repairs as well as any labor that you have paid for.

estimated after repair value (ARV)

If you’re planning to fix-and-flip then enter the number in the field to indicate the estimated resale value for the property following your renovation of it. ARV refers to the expected worth of the home when repairs and renovations have been completed.

Percentage The Lender Will Fund

Utilize the calculator sliders to choose the percentage of the amount of the loan that you expect the lender will be able to fund. You can choose from 50% and 100%..

Select the type of funding you want to use.

Select the appropriate button to determine the lender’s decision to base the amount of the loan on the purchase price (LTV) or the purchase cost and repairs (LTC) or the value after repair (ARV).

Term of the loan

The loans that are hard money generally short-term loans of up to two years. Select the slider to select any time period between one and 24 months. This is used to accurately sum up the cost of interest over the time that you are able to borrow.

The Interest Rate

Enter the interest rate that you’re expecting to be paying for your financing. Private lenders who lend hard cash do not offer the same rates for mortgages as long-term loans offered by banks. The rates for hard money can vary between 6.5%-18 percent, compared to mortgage rates that are currently within the range of 4.

Points and the fees associated with loan origination

Some lenders that offer hard money cost more upfront than conventional mortgages, usually within the range of 7 to one point. Points are prepay interest. Each point is worth one percent from the loan. You can use the slider to select the number of points , which ranges between one and seven.

If you are aware that your lender could add additional fees (such for appraisal loans or fees. origination charges) include the estimated amount in the final field beneath the slider for points.

Hard Money Loan Calculator Outputs

The calculator for hard money computes several numbers. This includes: the total amount of money borrowed as well as the amount of down payment required and the cash returned to the borrower upon closing (if the loan is applicable) as well as dollar figures for initial costs, ongoing expenses and the total amount for the loan.

Amount of the Loan

This figure is the estimated amount of money you are able to get to repay the loan. This is based on the information you provided regarding the purchase price repair, repairs, and the value of repairs after and whether the lender’s funding is based on the repair costs, purchase cost, or the after repair value.

The Down Payment

If you have specified that the amount of funding is dependent on your purchase cost, then the money calculator will calculate an estimate for any possible down payment in accordance with the ratio of funding that you specified. When the loan was financed with either purchase price plus repairs , or on the ARV the down payment might appear as a zero because it is possible that the total amount could be greater or equal to the price of the purchase.


There are times when the amount approved is greater than what the buyer paid, in particular when the loan is financed using the ARV. If this is the case, the amount for cash back that could be repaid upon closing is given.

Cash at the closing doesn’t comprise the cost of points or loan fees. In general, they are subtracted from any cash surplus and the borrower receives the remainder. It’s important to keep in mind that even if the lender bases an amount of loan on ARV, and the amount is greater than what is needed to purchase an asset, it might still require the deposit.

For example, suppose an institution funds an amount based on 90 percent of LTC plus 100 percent of the repairs, regardless of whether the amount could be higher than the value of the home’s purchase and the lender is in search of 10% of the down payment from the customer.

Fees for Upfront

The calculator for loans with hard money can calculate the total dollar figure that is based on the points you indicated and other fees that you specified.

In-continuing Costs of Interest

The calculator for hard money calculates the total amount of interest you’ll be charged according to the rate of interest and time frame you specified.

The Total Costs Hard Money Credit

This number is the total average of upfront costs and ongoing expenses. It is the total amount the hard money financing costs you. Be sure to subtract the cost associated with hard currency, in addition to the other expenses, from the estimated selling price in order to calculate the potential profit.