Commercial real estate · Financing calculators

Commercial Loan Calculator

Model your commercial real estate loan the way a lender evaluates the deal. Explore financing options for commercial mortgages, bridge loans, construction, multifamily, DSCR, and refinancing. Compare payments, leverage, debt service, and financing scenarios before requesting personalized terms.

Run your scenario Call now — 866-217-7741

To first quote: 60s
Typical close: 14–21d
States: 48
Deals closed: 43+

Timing figures are indicative and not guaranteed.

Six programs · One relationship

Commercial Financing for Every Stage of Your Investment

Leverage, structure and typical uses for each program. Terms for programs 01–05 are indicative terms from the Fox Equity Partners Product Guide; Commercial Loan Refinancing uses illustrative parameters.

01 · DSCR

DSCR / Long-Term Rental

Investment property financing based primarily on rental income rather than traditional personal income documentation. A rental that covers its own payment can qualify on the property’s cash flow.

Rate from: ~6.50%
Max LTV: 80% purchase
Cash-out: 75% LTV
Min DSCR: 1.00x · 0.75x No-Ratio
Term: 30-yr fixed / IO
Loan size: $100K–$3.5M+

Stabilized single-family, 2–4 unit, condo or small multifamily rentals
Cash-out refinancing to recycle equity into the next acquisition
Buy-and-hold investors holding rentals in an entity

02 · Fix & Flip

Fix & Flip / Rehab Bridge

Acquisition-plus-renovation capital for value-add residential investment property. Rehab funds are drawn against completed work on a non-Dutch basis, so interest accrues only on funds advanced.

Rate from: ~9.00%
Max leverage: 90% LTC
Rehab funded: Up to 100%
Max ARV: 75%
Term: 12–24 mo IO
Loan size: $75K–$5M

Single-family and 2–4 unit value-add, light to heavy rehab
Experienced investors, with first-time investors at adjusted leverage
Projects with a clear resale or refinance exit

03 · Ground-Up

Ground-Up Construction

Vertical construction financing for ground-up builds, tear-down rebuilds and build-to-rent projects. Funds release on a milestone draw schedule with interest charged only on the drawn balance.

Rate from: ~9.50%
Max leverage: 85% LTC
Max completed: 75% LTV
Interest: Drawn balance only
Term: 12–24 mo
Experience: Builder required

Vertical single-family, small multifamily or build-to-rent
Experienced builders with a zoned, utility-ready site
Tear-down and rebuild projects with approved plans

04 · Bridge

Bridge / Transitional

Short-term, interest-only capital for when timing or condition rules out conventional debt: acquisitions, value-add, lease-up and bridge-to-permanent. Structured around a defined sale or refinance exit.

Rate from: ~8.00%
Max leverage: 80% acquisition
Term: 12–24 mo + ext
Structure: Interest-only
Prepay: Often open
Close: 21–45 days, indicative

Acquisitions or repositioning with a clear take-out
Lease-up and stabilization ahead of agency or permanent debt
Recapitalizations on a time-sensitive close

05 · Commercial & MF

Commercial & Multifamily

Bank balance-sheet, bridge-to-permanent and agency permanent debt for 5+ unit multifamily, mixed-use and commercial property that falls outside standard residential lending.

Loan size: $1M–$25M+
Max leverage: 75–80% LTV
Perm DSCR: ~1.20–1.25x
Perm term: 5 / 7 / 10 yr
Amortization: Up to 30 yr
Close: 30–90 days, indicative

5+ unit multifamily, mixed-use, retail and office
Value-add bridge with an agency or permanent exit
Sponsors comparing bank, bridge and agency execution

06 · Commercial Refinance

Commercial Loan Refinancing

Explore commercial refinancing options to replace existing debt, compare financing terms, evaluate monthly payment changes, access property equity, or restructure commercial real estate financing.

Loan range: $1M–$75M, illustrative
Options: Rate & term · cash-out
Also: Bridge-to-perm · restructuring
Amortization: 10–30 yr
Term: 5–30 yr
Rate: Quoted per scenario

Rate-and-term, cash-out and bridge-to-permanent refinancing
Commercial debt restructuring and multifamily refinance
Multifamily 5+, mixed-use, office, retail, industrial and warehouse

How a deal moves

From Financing Scenario to Closing in Three Steps

01
Share Your Deal
Enter property information, financing requirements, and relevant financial details in the calculator.
02
We Review Your Options
Our team evaluates the financing structure, property characteristics, and potential lending options.
03
Receive Financing Terms
Review available financing structures and discuss the underwriting and closing process.

Calculate your loan Request terms Speak with our team

Send us the deal

Request Commercial Financing Terms

Share your property details and financing requirements. Our team will review your scenario and help identify available commercial lending options.

Select Request terms in the calculator to attach your scenario to this request
No obligation · Confidential
Business-purpose loans only

Speak with our team — (866) 217-7741

Fast & Flexible Credit$250K to $75M

No obligation Confidential Same day response

Free, confidential financing review with no obligation. All financing is subject to lender underwriting, approval, and availability.

Commercial real estate loan calculators

How the Commercial Mortgage Calculator Works

Every calculator uses the same loan math. Amortizing payments use P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where r is the monthly rate and n the number of payments; interest-only payments are the balance times the annual rate divided by twelve. Results include the amortization schedule, charts and a CSV export.

Leverage × Debt service × Results

Commercial Refinance Calculator

Compares the existing loan with a proposed one: the new payment, the monthly and annual change, gross property equity, loan-to-value, DSCR, debt yield and any balloon balance at maturity. Break-even is refinance costs divided by monthly savings, and is not applicable when the new payment is higher. Learn more about commercial loan refinancing.

Commercial Cash-Out Refinance Calculator

Gross cash-out is the new loan minus the existing balance; net cash-out also deducts closing costs and any prepayment penalty. When proceeds fall short, the calculator shows the cash required to close instead of a negative result. Read about commercial cash-out refinance options.

Bridge Loan Calculator

Bridge loans are short-term and usually interest-only, so the payment is the balance times the annual rate divided by twelve. The calculator totals interest over the term and any extension, shows the payoff at maturity and tests the sale or refinance exit. Explore commercial bridge loans and hard money loans.

Commercial Debt Service Calculator

Debt service coverage compares annual net operating income with annual principal and interest. See the DSCR at your loan amount, the debt yield, and the largest loan the NOI supports at a target ratio alongside the LTV limit; the lower of the two usually sets sizing. See commercial property loans.

Multifamily Loan Calculator

Multifamily and commercial permanent loans are modelled with 5, 7 or 10-year terms and up to 30-year amortization, with the remaining balance at maturity shown for each scenario. Explore multifamily loans.

DSCR Calculator

For long-term rentals, DSCR is monthly rent divided by PITIA: principal and interest plus taxes, insurance and HOA dues. A 1.00x ratio means the rent covers the payment; No-Ratio scenarios to 0.75x are subject to eligibility. Learn about DSCR rental loans.

Fix and Flip Loan Calculator

Loans are sized at the lower of the target loan-to-cost (up to 90%) and 75% of after-repair value. The rehab holdback is drawn on an adjustable schedule, interest is charged only on funds advanced, and carrying cost, profit and return on cash are estimated. See fix and flip loans.

Ground-Up Construction Loan Calculator

Loans are sized at the lower of the target loan-to-cost (up to 85%) and 75% of completed value. Draws fund over the build period and interest accrues only on the disbursed balance. See ground-up construction loans and construction loans.

Ready to run your numbers?

Model the deal in the calculator, then send the scenario to our team for personalized terms.

Run your scenario 866-217-7741

Common questions

Commercial Loan Calculator FAQs

How do commercial mortgage calculators work?

A commercial mortgage calculator applies standard loan math to the figures you enter. It sizes the loan from the property value and leverage, calculates the monthly payment from the interest rate and amortization period, and then measures the result against coverage tests such as DSCR and debt yield. The output is an estimate: lenders set final terms after reviewing the property, the borrower and the business plan.

How much down payment is required for a commercial property?

It depends on the program and the property. On the programs modelled here, indicative maximum leverage ranges from 75% to 80% of value for many permanent and bridge loans, which implies equity of roughly 20% to 25% plus closing costs. Construction and rehab loans are sized on cost and completed or after-repair value instead. Individual lenders may require more equity.

What DSCR is required for commercial real estate loans?

There is no single required ratio. The Commercial & Multifamily program in this calculator uses an indicative permanent-loan test of about 1.20x to 1.25x, while the DSCR rental program uses a 1.00x standard with No-Ratio scenarios to 0.75x, subject to eligibility. Lenders set coverage requirements by property type, leverage and loan structure.

How does commercial cash-out refinancing work?

A cash-out refinance replaces the existing loan with a larger one. The new loan pays off the current balance, any prepayment penalty and closing costs, and the remainder is paid to the borrower. Proceeds are limited by the lender’s maximum loan-to-value and by whether the property’s income can support the larger payment.

What is the difference between a bridge loan and a permanent commercial mortgage?

A bridge loan is short-term, usually 12 to 24 months, and is often interest-only. It finances acquisitions, repositioning or lease-up and is repaid by a sale or refinance. A permanent commercial mortgage has a longer term, such as 5, 7 or 10 years, and usually amortizes over up to 30 years, so it is sized on stabilized income and coverage.

How are construction loan interest payments calculated?

Construction loans are commonly funded in draws as work is completed. Under a non-Dutch structure, interest accrues only on the amount actually advanced, so early payments are lower and rise as the loan is drawn. The calculator models this with an adjustable draw schedule and calculates each month’s interest on the funded balance.

Calculator results and program terms are indicative and provided for illustration only. They are not a commitment to lend, an offer of credit, or a loan approval. Business-purpose loans only — no owner-occupied or consumer-purpose financing. Final terms depend on lender underwriting, appraisal, borrower qualifications, property characteristics, and other applicable requirements.