Fix & Flip Loan Calculator
Estimate your fix and flip loan amount, cash needed, loan-to-cost (LTC), and projected return on investment (ROI).
Most fix & flip lenders offer 80–90% LTC. Enter the lender's maximum.
What These Metrics Mean
LTC (Loan-to-Cost) is the percentage of the total project cost (purchase + rehab) that the lender will finance. Most fix & flip lenders offer 80–90% LTC, meaning you need 10–20% of the project cost in cash.
LTV (Loan-to-Value) is the loan amount as a percentage of the After Repair Value. Most fix & flip lenders cap LTV at 70–75%, meaning the loan can't exceed 70–75% of the property's projected value after renovation.
ARV (After Repair Value) is the estimated value of the property after renovation is complete. Lenders typically require an appraisal to verify ARV.
Why It Matters
Fix & flip lenders evaluate both LTC and LTV. The LTC determines how much cash you need to bring to the project. The LTV determines whether the loan is within the lender's risk tolerance. If the LTV exceeds the lender's maximum, you may need to bring more cash or reduce the project scope.
Limitations
This calculator is illustrative only. It doesn't account for closing costs, holding costs (interest, taxes, insurance during the project), selling costs, or the specific underwriting guidelines of individual lenders. Actual loan terms vary. Use this as a starting point — not a guarantee of financing.
What to Do Next
Learn more about fix & flip financing or submit your information for a capital review.