Skip to main content

Construction Loan Interest Calculator

Estimate your interest-only payments during a build, based on how much is drawn.

The full amount of your construction loan.

Rate during the build (often 7 to 9%). Enter your own.

Expected build length in months.

How much of the loan has been released to date. Interest is charged only on this.

Enter your loan details, then select Calculate.

This calculator is an educational estimate, not a loan approval, pre-qualification, or financial advice. Actual qualification depends on full underwriting of your credit, income, debts, and the property, and rates change daily. Serve First Realty is a licensed California real estate brokerage; Ashlar Lending arranges financing separately. Not tax advice.

Getting your numbers ready in California? Serve First represents you on the home, and Ashlar Lending Inc. (NMLS #2699657) matches you to the right loan program, one family, one team.

Serve First Realty Inc. California DRE# 02133513 Roseville, CA