Free Tool

Loan Payment Calculator

Estimate your monthly payments, total interest, and overall loan cost. Use this calculator to help plan your next real estate investment.

Enter Loan Details

Enter the address of the property (will appear on PDF report)

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$50K $5M
$
%
0% 100%
$

Loan Amount = Property Value - Down Payment

$
$0 $500K

Additional funds for renovation/construction added to loan at same interest rate

%
5% 18%
months
3 mo 30 yrs
points
0 pts 5 pts
%
0% 10%
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0% 3%
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0% 2%
%
0% 2%
$

Enter monthly HOA amount if applicable

Your Loan Estimate

Monthly Payment

$2,291.67

Interest Only

Total Interest

$27,500.00

Origination Fee

$5,000.00

Other One-time Fee

$7,500.00

Property Taxes / Mo

$260.42

Insurance / Mo

$83.33

PMI / Mo

$114.58

HOA / Mo

$0

Total Monthly Payment (PITI + PMI + HOA)

$2,822.92

Loan Summary

Loan Amount: $250,000
Interest Rate: 11%
Term Length: 12 months
Payment Type: Interest Only
Total Amount Due at Maturity: $282,500

Principal

$250,000

Total Loan Cost

$32,500

Ready to get started with your loan?

Apply Now

Understanding Your Loan Costs

Here's a breakdown of what goes into your loan payment calculation

Interest Only

Short-term loans typically have interest-only payments. You pay only the interest each month, with principal due at maturity.

Amortized

Long-term rental loans are fully amortized. Each payment includes principal and interest, paying off the loan over time.

Origination Points

Points are upfront fees calculated as a percentage of the loan amount. 1 point = 1% of the loan.

Total Cost

Your total loan cost includes all interest payments plus origination fees over the life of the loan.

Disclaimer: This calculator provides estimates only. Actual loan terms, rates, and fees may vary based on your specific situation, property type, credit profile, and market conditions. Contact us for a personalized quote.