Plan your building project with accurate payment estimates and draw schedules
Construction loans are specialized financing options designed to help you build your dream home or commercial property. Unlike traditional mortgages, these loans release funds in stages (draws) as your project progresses. Our calculator helps you understand:
Make informed decisions about your construction project by understanding the financial implications of different loan scenarios. Our calculator accounts for:
Carefully plan your draw schedule to align with major construction milestones. This helps ensure you have funds available when needed while minimizing interest costs.
Consider including an interest reserve in your loan amount to cover interest payments during construction, helping manage cash flow while your project is underway.