Hard Money Loan Calculator

Estimates only — your lender's disclosure governs. LoanMatchers is not a lender. Rates and terms vary by lender and creditworthiness. This page provides general educational information, not financial advice — consult a qualified professional before making financial decisions.

How it works

Monthly payment = loan × APR ÷ 12 (interest-only). Points cost = loan × points%. Total cost = monthly × months + points. Principal is due in full at maturity.

Need a realistic rate? See the current business loan rate benchmarks (cited official benchmarks).

Frequently asked questions

Where do business loan rates come from?

There is no single national business-loan rate. The bank prime loan rate (FRED series DPRIME) is the reference many variable-rate business loans are priced against, and SBA-backed 7(a) loans have program-capped maximum rates set by the SBA. Both official sources are linked on this page.

Why does this page not show one business loan rate?

Business loan pricing depends on the program, collateral, revenue, and creditworthiness, so no single published figure represents it. Rather than quote a number that would mislead, we link the official sources so you can check the latest.

Is an SBA loan cheaper than a conventional business loan?

SBA-backed loans often carry lower rates because the government guarantees part of the loan, but they have eligibility rules, fees, and paperwork. Compare the SBA maximum-rate schedule with a conventional lender disclosure.