Hard Money Loan Calculator - Interest-Only Payment
body {
font-family: Arial, sans-serif;
margin: 0;
padding: 0;
background-color: #f4f4f9;
}
.container {
max-width: 1000px;
margin: 20px auto;
padding: 20px;
background-color: white;
border-radius: 10px;
box-shadow: 0 4px 8px rgba(0,0,0,0.1);
}
input, select, button {
width: 100%;
padding: 10px;
margin: 10px 0;
font-size: 16px;
box-sizing: border-box;
border-radius: 5px;
border: 1px solid #ddd;
}
h2, h3 {
color: #333;
}
.results {
display: none;
margin-top: 20px;
}
.result-item {
font-size: 18px;
margin-bottom: 10px;
}
#charts {
display: none;
}
canvas {
width: 100%;
max-width: 800px;
margin: 10px 0;
}
Hard Money Loan Calculator (Interest-Only Payment)
Loan Details
Property Details
Selling Details
Results:
Loan Amount: $
Interest-Only Payment: $
Total Loan Fees: $
Gross Profit: $
Net Profit: $
ROI (Return on Investment): %
Break-even Point (Months): months
Graphs
// Function to calculate the Hard Money Loan Analysis with Interest-Only Payments
function calculateHardMoneyLoan() {
const loanAmount = parseFloat(document.getElementById('loanAmount').value) || 0;
const interestRate = parseFloat(document.getElementById('interestRate').value) / 100 || 0;
const loanTerm = parseFloat(document.getElementById('loanTerm').value) || 0;
const loanFeesPercentage = parseFloat(document.getElementById('loanFees').value) / 100 || 0;
const purchasePrice = parseFloat(document.getElementById('purchasePrice').value) || 0;
const rehabCosts = parseFloat(document.getElementById('rehabCosts').value) || 0;
const afterRepairValue = parseFloat(document.getElementById('afterRepairValue').value) || 0;
const sellingCostsPercentage = parseFloat(document.getElementById('sellingCosts').value) / 100 || 0;
// Calculate loan fees
const loanFees = loanAmount * loanFeesPercentage;
// Interest-Only Payment calculation
const monthlyInterestOnlyPayment = loanAmount * interestRate / 12;
// Calculate gross profit (ARV - purchase price - rehab costs)
const grossProfit = afterRepairValue - purchasePrice - rehabCosts;
// Calculate net profit (gross profit - loan fees - selling costs)
const sellingCosts = afterRepairValue * sellingCostsPercentage;
const netProfit = grossProfit - loanFees - sellingCosts;
// Calculate ROI (Return on Investment)
const roi = (netProfit / (purchasePrice + rehabCosts)) * 100;
// Calculate break-even point (how many months it would take to break even)
const breakEvenPoint = (purchasePrice + rehabCosts) / (grossProfit / loanTerm);
// Display results
document.getElementById('resultLoanAmount').textContent = loanAmount.toFixed(2);
document.getElementById('resultInterestOnlyPayment').textContent = monthlyInterestOnlyPayment.toFixed(2);
document.getElementById('resultLoanFees').textContent = loanFees.toFixed(2);
document.getElementById('resultGrossProfit').textContent = grossProfit.toFixed(2);
document.getElementById('resultNetProfit').textContent = netProfit.toFixed(2);
document.getElementById('resultROI').textContent = roi.toFixed(2);
document.getElementById('resultBreakEvenPoint').textContent = breakEvenPoint.toFixed(2);
// Show results
document.getElementById('results').style.display = 'block';
document.getElementById('charts').style.display = 'block';
// Update graphs
updateGraphs(monthlyInterestOnlyPayment, grossProfit, netProfit, breakEvenPoint);
}
// Function to update graphs with loan analysis data
function updateGraphs(monthlyPayment, grossProfit, netProfit, breakEvenPoint) {
const loanPaymentData = {
labels: ['Interest-Only Payment'],
datasets: [{
label: 'Monthly Interest-Only Payment',
data: [monthlyPayment],
backgroundColor: 'rgba(54, 162, 235, 0.7)',
borderColor: 'rgba(54, 162, 235, 1)',
borderWidth: 2
}]
};
const profitData = {
labels: ['Gross Profit', 'Net Profit'],
datasets: [{
label: 'Profit Breakdown',
data: [grossProfit, netProfit],
backgroundColor: ['rgba(75, 192, 192, 0.7)', 'rgba(153, 102, 255, 0.7)'],
borderColor: ['rgba(75, 192, 192, 1)', 'rgba(153, 102, 255, 1)'],
borderWidth: 2
}]
};
// Destroy existing charts before creating new ones
if (window.loanPaymentChart) window.loanPaymentChart.destroy();
if (window.profitChart) window.profitChart.destroy();
// Create the loan payment bar chart
window.loanPaymentChart = new Chart(document.getElementById('loanPaymentGraph'), {
type: 'bar',
data: loanPaymentData,
options: {
responsive: true,
scales: {
y: {
beginAtZero: true,
title: {
display: true,
text: 'Payment ($)'
}
},
x: {
title: {
display: true,
text: 'Payment Type'
}
}
},
plugins: {
tooltip: {
callbacks: {
label: function(tooltipItem) {
return '$' + tooltipItem.raw.toFixed(2);
}
}
}
}
}
});
// Create the profit breakdown bar chart
window.profitChart = new Chart(document.getElementById('profitGraph'), {
type: 'bar',
data: profitData,
options: {
responsive: true,
scales: {
y: {
beginAtZero: true,
title: {
display: true,
text: 'Profit ($)'
}
},
x: {
title: {
display: true,
text: 'Profit Type'
}
}
},
plugins: {
tooltip: {
callbacks: {
label: function(tooltipItem) {
return '$' + tooltipItem.raw.toFixed(2);
}
}
}
}
}
});
}
