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Hard money loan cost calculator

Add interest, points and fees to see what a short-term loan costs—and what a three-month delay adds.

Start with the basics

Enter the loan amount, rate and months to see your interest cost. Add fees when you know them.

Loan amount received at the start ($)

Annual interest rate (%)

Months until you repay the loan

Advanced optionsPoints: unknown; upfront fees: unknown; exit fees: unknown. Blank fees stay unknown.

Origination points (%) (optional)

A lender fee charged as a percentage of the loan. Enter 0 only if none applies.Other upfront fees ($) (optional)

Exclude points. Leave unknown fees blank; enter 0 only if confirmed none.Exit fees ($) (optional)

Fees due when repaying the loan. Exclude the loan balance and interest already counted.

Assumes the full principal is funded on day one, interest is paid monthly, and fees are paid separately. Example terms are not available lender quotes.

Your result will appear here

Enter the basic information, then select “Calculate financing cost”. We will bring you here when it is ready.

Understand the result

Read the worked example Investor financing hub All free calculators

Calculating does not send your inputs to a lender or save them to an account. Keep a copy for your records.

Method and sources

Interest = principal × annual rate ÷ 12 × months. Points = principal × points percentage. Total financing cost adds interest, points and the entered fees.

Compare the written loan agreement with every assumption. Origination points are fees; they do not necessarily buy a lower interest rate.

CFPB: Understanding points and lender credits

Sources checked October 1, 2026. Educational planning estimates; verify your transaction with appropriate professionals.