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Hard money loan calculator
Points, rate and months — the true cost of your capital.
Charged up front, on the loan amount. Two points on $200,000 is $4,000 before you own anything.
True cost of the loan
$16,000
8.0% of the loan amount
Points, up front
Interest / month
Interest, total
Fees
Total cost of capital
Points are sunk the day you close. FLIP tracks draw timing against the schedule so the interest clock is not running on work that has not started.
Points make short loans expensive in a way the rate alone hides — two points on a three-month loan is a far worse deal than on a twelve-month one. Fold the total into yourprofit calculation → before you commit.