Calculating Development Loan Costs
Free estimated development finance quote
(Rates and costs may vary depending on circumstances).
What is a development loan calculator?
Rates may be higher or lower for each project, this tool is for indicative purposes only.
Our property development finance estimation tool helps you estimate how much you could borrow, what your expected profit at the end of sale might look like, and what the loan could cost overall.
It takes into account key factors such as the gross development value (completed build), build costs, borrowing interest and estimated profit margin based on the GDV of the project.
It is ideal for:
- Estimating development finance costs before speaking to a lender
- Comparing borrowing scenarios at different project sizes
- Checking projected profit margins based on GDV
- Planning your equity input or deposit requirement
Contact us to discuss your exact quote for proper repayment figures.
To proceed with your application, fill out the form below
What information does the lender require?
To present your proposal to a lender, you must be sure to have your facts and figures prepared and ready. Failure to do so could impact your ability to get approved.
The lender will need to know:
- How much the land or development site will cost as a whole
- The cost of building the development
- What the gross development value, or GDV, is proposed to be
- How long you intend to borrow the money for
- Your anticipated profit margin and means of realising this profit
When a development facility is useful
Understanding your costs
Before considering your proposal, lenders will look at factors such as the size and location of your intended development, any experience you have as a borrower, and the overall level of risk attached.
Alongside the interest rate itself, there are usually several additional charges. Typically these would include an arrangement fee, an exit fee, and valuation surveyor costs.
The quote you receive from our tool can give you a general idea of what to expect, but they won’t reflect an actual agreement. Speak directly with us, let us understand your specific plans and guide you through the process. By doing this, you can get the best and most accurate costs for your project completion.
How is my rate arranged?
Your rate will be reflective of the information you provide in the proposal sent for review.
Be sure to have your figures correct, do your diligence and research to ensure your costs align with the current market forecasts.
Consider your loan exit, that being how quickly your loan can be repaid. The sooner a repayment can be done on your facility, the less you would be required to pay back as whole.
Think about the risk to the lender, this can sway your rate invariably.
Development finance explained more
We’re ready to help you build
Once you have assessed your project and are ready to get underway, contact our team to finalise your proposal for submission to the lenders.
We act quickly to get your proposal accepted and pushed through so your project can begin its build phase at the earliest opportunity.
Any questions or reservations you have will be answered during the discovery to ensure you always have a full understanding of what you are agreeing to and signing towards.
