Hard Money Loan Calculator

Use the Little City Investments hard money loan calculator below to estimate your loan amount, interest rate, and closing costs. Additionally, we specialize in fix-and-flip funding, cash-out refinances, and bridge loans in the state of Texas. We lend on non-owner-occupied residential properties, commercial properties and raw land. If you have a question about our terms, contact us now.

Please note that this hard money loan calculator is not a term sheet! We intend this calculator to be a tool to help you estimate the cost of a hard money loan from Little City Investments. Each loan request is unique, and we consider many factors, so ultimately, the terms we provide may differ from your estimate.

Please also note that the max LTV we’re using in this calculator is 70%. However, we can go higher than that if the property and borrower meet certain qualifications. Additionally we can release up to 80% of the contract price (LTC) for fix-and-flip loans at closing if that works out better than LTV.

*All fields are required

Loan Info

What type of loan is this?

Purchase Loan

Refinance Loan

Do you need funds for improvements?

Yes

Is this a raw land loan?

Yes

Have you financed 3 or more deals with LCI?

Yes

Purchase Price

Enter the total contract price.

Payoff Amount

Enter "0" if you own the property free and clear.

Cash-Out Amount

Enter how much you would like to cash out after paying off your existing financing and after any requested improvement funds. If you don't need to cash-out, then enter "0".

Improvement Budget

This number will be added to the loan amount and may be escrowed at closing.

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Total Requested Loan Amount (Hidden)

Additional Info

Estimated As-Is Property Value

Enter the estimated value of the property in the condition it's currently in.

Estimated After-Repaired Property Value

Enter your estimate of value after all improvements are made.

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Calculated Value for LTV (Hidden)

Borrower Experience

Enter how many investment properties the borrower has purchased in their life.

Estimated Credit Score

If there are multiple applicants, average all scores. Our minimum score is 550.

Loan Details

Max Loan to Value

This is the maximum % of value we can lend for this type of loan.

Calculated Loan to Value

This is the LTV % for this particular loan.

Maximum Possible Loan Amount

This is the absolute most we can lend overall based on LTV.

Maximum Possible Funds Released at Closing

This is the maximum we can release at closing based on as-is value.

Total Calculated Loan Amount

This is either your requested loan amount or the maximum we can lend based on LTV.

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Interest Rate Calculations (Hidden)

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LTV Adjustment (Hidden)

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FICO Adjustment (Hidden)

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Experience Adjustment (Hidden)

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Cash Contribution Adjustment (Hidden)

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Cash-Out Refi Adjustment (Hidden)

LCI Charges

Interest Rate

Monthly Payments

Interest-only, not including property tax escrow.

Origination Fee in Points

Orgination Fee in $

LCI Processing Fee

Document Preparation Fee

*This tool is for reference only. All rates and terms provided here are subject to change without notice and may not represent current lending guidelines. No binding obligations shall be created for Little City Investments except upon full execution and delivery of definitive loan documentation satisfactory to the lender. As a reminder, using any hard money loan calculator is always for informational purposes only and does not constitute a loan offer.

Ready to get started?

Apply for a Hard Money Loan Now