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Deal (for the record)
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Total project (purchase + rehab): $250,000 ยท Financed: $250,000 ยท Fully financed (+$0)
Loan Stack
Stack as many loans as you use on the deal โ 1st lien for the purchase (with or without rehab rolled in), a separate rehab loan, a down payment loan, gap funding. Each with its own rate and points.
$
%
pts
Monthly
$1,467
$
%
pts
Monthly
$467
$
%
pts
Monthly
$500
All Loans Combined: Monthly Payment
$2,433/mo
Total Points / Origination
$4,100
Finance Cost by Timeline
6 Months
Interest$14,600
Points$4,100
Finance Cost$18,700
Total Cost$268,700
9 Months
Interest$21,900
Points$4,100
Finance Cost$26,000
Total Cost$276,000
12 Months
Interest$29,200
Points$4,100
Finance Cost$33,300
Total Cost$283,300
15 Months
Interest$36,500
Points$4,100
Finance Cost$40,600
Total Cost$290,600
18 Months
Interest$43,800
Points$4,100
Finance Cost$47,900
Total Cost$297,900
24 Months
Interest$58,400
Points$4,100
Finance Cost$62,500
Total Cost$312,500
36 Months
Interest$87,600
Points$4,100
Finance Cost$91,700
Total Cost$341,700
Interest-only estimates. The longer you hold, the more the money costs. Speed is profit. Not a loan offer; investor funding for commercial purposes only.