Purchase price of the lot — or enter 0 if you already own the land and will use equity toward the deal.
Builder contract, contingency, and soft costs you plan to finance with the construction loan.
Loan program
minimum is %. You can put more down — we'll use at least the program minimum.
Below the minimum of %. Results will use %.
Your construction loan results will show here
Enter land and build costs, pick a program, then hit Calculate Loan Amount.
Add land or construction costs
We need a total project cost before we can estimate down payment and loan amount.
Estimated loan amount
· % down · % LTV
Payment breakdown
Permanent monthly payment after conversion · % · -year
During construction, interest-only on a fully drawn loan would be about /mo — actual draws are usually lower until the home is finished.
This calculator is for informational purposes only. Results are estimates and are not exact — they do not include all closing costs, prepaid interest, or escrow deposits. Total loan amount = land + construction − down payment; PMI/MIP figures are illustrative. Program minimums, overlays, builder approval, and land equity can change cash needed. Contact us for a personalized quote.
Three common paths to finance a new build — eligibility, down payment, and builder rules differ by program.
A clear process keeps your build on track and your financing aligned with each construction milestone.
Step
Mortgage Knowledge Center
Straight answers on one-time and two-time close loans, land and equity, VA/FHA/conventional paths, draws, payments, changes, inspections, documents, rate locks, and whether construction financing is right for you.
Know your build budget before you break ground. Ryan & Steve match you to the right one-time or two-time close path and walk you through draws — so you can build with confidence.