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Loan Comparison Calculator

Compare Conventional, DSCR, and Hard Money loans side by side. See monthly payments, total cost, and which option fits your strategy.

Property

Monthly Payment

Conventional$1,597/mo
DSCR$1,651/mo
Hard Money$23,989/mo

Total Cost Breakdown

Conventional

Loan Amount$240,000Down Payment$60,000Points Cost$1,200Total Interest$334,821Total Cost$576,021

DSCR

Loan Amount$225,000Down Payment$75,000Points Cost$3,375Total Interest$369,349Total Cost$597,724

Hard Money

Loan Amount$270,000Down Payment$30,000Points Cost$8,100Total Interest$17,870Total Cost$295,970

Hard Money Wins

Hard Money saves you $301,754 in total cost versus DSCR. But don't stop at price — consider qualification speed, prepayment penalties, and how long you plan to hold.

Conventional vs. DSCR vs. Hard Money — When to Use Each

Conventional Loans

Best for buy-and-hold investors with good W-2 income and credit. Lowest rates, longest terms, but requires personal income qualification (DTI ratio). Typically 20–25% down for investment properties, with rates 0.5–0.75% above primary residence loans.

DSCR Loans

Qualify based on the property's income, not yours — perfect for scaling beyond 10 financed properties. Higher rates and points than conventional, but no tax returns or employment verification needed. Most lenders require a DSCR of 1.0–1.25x.

Hard Money Loans

Short-term, asset-based financing for flips, BRRRRs, and bridge scenarios. Highest cost but fastest to close (often 7–14 days). Low down payment requirements with higher interest rates and upfront points. Plan your exit — refi or sell — before the term expires.

💡 Pro Tip

Total cost matters more than monthly payment. A hard money loan might have a higher monthly payment, but over a 6-month flip, the total dollars spent can be lower than 30 years of a conventional loan. Always match the loan type to your hold strategy.