Texas Land Loan Calculator

How to use this calculator

Land loans are sized on current market value, not on a rehab budget or ARV. You can borrow up to 65% of that value, interest-only, for 6 to 24 months.

Here is what each input means:

• Land value / purchase price. What the land is worth, or what you are paying.
• Loan amount. Defaults to 65% of value. You can type a smaller number. The program range is $50,000 to $2,500,000, and the loan cannot exceed 65% of value.
• Term. 6 to 24 months. Default 12.
• Starting rate, subject to underwriting. Starts at 12%.

The results panel shows the maximum loan, the monthly interest-only payment, estimated cash to close (down payment plus a 2% to 4% origination range plus the $995 doc fee), and the total cost of financing over the term (interest plus origination plus the doc fee).

The bank column is typical market terms, not an offer from us. It assumes 30% down, a 15-year amortization, and an illustrative 8.5% rate.

For our current ranges, see the full rates and terms and the land and ranch loan page. Calculator results are estimates only and are not a commitment to lend. Final terms are subject to underwriting, collateral review, title review, documentation, and Cedar Top Lending LLC approval.

What underwriting looks at

Two things decide most land deals. Leverage: you can borrow up to 65% of market value, which is lower than what we lend on improved property because land is slower to move if the exit does not go to plan. Legal access: a parcel without recorded access is hard for anyone to support, and it is the most common reason a land deal we like still does not work. Check that before you go under contract.

Raw land and rural areas are OK. Texas, non-owner-occupied only. When you are ready, call 817-984-3129 and we can usually tell you quickly whether a deal pencils. You can also read raw land loan requirements in Texas or compare hard money vs a bank loan.