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Cash-to-Close Calculator

Loan Structure*
Total Loan Amount
$100000
Initial Loan Amount
$100000
Construction Holdback
$10000
Interest Rate
$7.85%
Points
2.99%
Estimated Closing Costs
LINE ITEM COST
Aquisition Price $10000
Processing Fee $10000
Total Origination $10000
Prepaid Interest $10000
Document Fee (Attorney Cost) $10000
Funding Fee (Cost of Wire) $10000
Deed Prep Fee (Attorney Cost) $10000
Flood Determination Fee $10000
Estimated Recording Fee (Title Cost) $10000
Escrow Fee (Title Cost) $10000
Title Policy (Title Cost) $10000
TOTAL CLOSING EXPENSES $10000
$1000
Estimated Borrower Cash Due at Closing
$1000
Estimated Monthly Payment
$1000
Estimated Liquidity Required
*Insurance costs and up-front valuation fee (appraisal) not reflected in this figure.
*If you are satisfied with the above terms please click Apply for funding (Hard Money) for an actual term sheet.
*All loans are 12 months with no prepayment penalty.
*Spark Lending does not control title or attorney costs, these can be subject to change.