Inputs
Results
Monthly interest payment: —
Total interest over term: —
Origination fee: —
Total cost of capital: —
How to use this calculator
Inputs: loan amount, interest rate (typically 9.5-12.5% for Chicago hard money), origination points (1-3 typical), term in months (6-18 typical), and closing costs.
Total cost of capital includes interest, origination, and closing — but not extension fees, default interest rate increases, or other fees that can apply if the loan runs over term.