Hard Money Loan Calculator for California Investors
Free Calculator · Hard Money & Bridge Loans
Estimate the monthly interest-only payment, points, fees and cash to close on a California hard money or bridge loan. Adjust the loan-to-value, rate, points and term to match the quote you're comparing, then have a V Nation loan officer review it free.
How this calculator works
Loan amount = property value × loan-to-value (LTV).
Monthly payment = loan amount × annual rate ÷ 12. Hard money loans are usually interest-only.
Points = loan amount × points %. One point is 1% of the loan.
Cash to close = purchase price − loan amount + points + fees.
Total cost of financing = interest over the term + points + fees.
Balloon: the full loan amount is due at maturity, usually repaid by selling or refinancing.
Hard money loan questions
How is a hard money loan payment calculated?
Most hard money and bridge loans are interest-only, so the monthly payment is the loan amount times the annual rate divided by 12. For example, a $560,000 loan at 10.99% is about $5,129 per month.
What are points on a hard money loan?
A point is 1% of the loan amount, paid at closing. Two points on a $560,000 loan is $11,200. Compare quotes on total cost of financing (interest, points and fees together), not just the rate.
How much equity or down payment does a hard money loan need?
Hard money loans are sized by loan-to-value. V Nation Corp offers asset-based bridge and hard money options up to 75% LTV with 12- to 36-month structures, so plan on at least 25% equity or down payment plus closing costs.
How fast can V Nation fund a hard money loan?
Because underwriting is in-house, approvals typically take 24–48 hours and closings can happen in as little as 7–10 days. All loans are subject to underwriting, approval and eligibility guidelines.
Have a deal in front of you?
Get a real hard money quote from a direct California lender.
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