Finance Calculators

Construction Loan

Estimate construction-phase interest and permanent mortgage payments.

Enter your project cost, down payment, rates, and phase lengths.

Total project cost

USD

Down payment

USD

Construction interest rate

Construction period

Permanent interest rate

Permanent term

yrs

Compare construction-phase interest with permanent mortgage payments.

Peak construction payment

$2,500.00 /mo

Permanent mortgage payment

$2,528.27 /mo

Your permanent payment is typically higher — plan for the jump after conversion. Your payment could increase by $28.27 (1.1%).

Loan amount$400,000.00

Down payment$100,000.00 (20.0%)

Construction phase total interest$16,250.00

Permanent phase total interest$510,177.95

Total interest (full term)$526,427.95