Construction Loans Archives | Page 43 of 64 | Ed Currie Construction Loans

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

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Construction Loans Archives | Page 43 of 64 | Ed Currie Construction Loans

*indicates required.

Project information:

Do you own the property?:*This entry is required.

Price of property/land:*This entry is required.Enter an amount between $0 and $250,000,000

Amount you owe on home:*This entry is required.Enter an amount between $0 and $250,000,000

Cost of construction project:*This entry is required.Enter an amount between $0 and $250,000,000

Value of home when complete:*This entry is required.Enter an amount between $0 and $250,000,000

Length of project (months):*This entry is required.Enter an amount between 1 and 60

Down payment:

Loan amount:

Loan information:

Interest rate:*This entry is required.Enter an amount between 0% and 50%

Term:

Initial interest only payment:

Final interest only payment:

Principal and interest payment:

**FIG_GRAPHTITLE** Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Estimated Construction Loan Payments

Definitions

Do you own the property?

Please let us know if you already own the property.

Amount your owe on home

If you own the property and this is a refinance, please enter the amount you owe on your home.

Price of property/land

If you don't own the property (or land) please enter the price you will pay to purchase it.

Cost of construction project

Please enter the cost of the construction project you are planning.

Value of home when complete

Enter the expected appraised value of the home when your construction is complete.

Down payment

This is the calculated required down payment to receive the loan.

Loan amount

This is the calculated loan amount for your project.

Interest rate

enter the expected interest rate for your loan.

Length of project (months)

Number of months you expect your construction project to take to complete.

Initial interest only payment

The initial interest only payment is calculated as an interest only payment of the maximum loan minus the cost of construction.

Final interest only payment

The final interest only payment during construction is calculated as an interest only payment for the maximum loan amount.

Principal and interest payment

The principal and interest payment for the remainder of the 30 year term of the loan.