Renovation Mortgage Loan Calculator
Find Out How Much You Can Borrow for Home Renovations
Renovation loans help homeowners and investors finance property improvements with a single mortgage. Whether you're looking to buy and renovate or refinance and remodel, our Renovation Mortgage Calculator estimates your loan amount, down payment, and monthly payments for loans like FHA 203k, Fannie Mae HomeStyle, and fix-and-flip loans.
What is a Renovation Mortgage?
A renovation loan allows you to combine the purchase price or refinance balance with the cost of repairs into one mortgage. These loans are ideal for:
? Buying a fixer-upper and financing repairs
? Refinancing your home and adding renovation costs
? Real estate investors flipping properties
So why wait? Try our Renovation loan calculator today and start planning your project with confidence. We're here to help you every step of the way!
Start Below for an Instant Mortgage Rate Quote
Loan Programs Available: FHA Mortgage Calculator, Conventional Mortgage Calculator, VA Mortgage Calculator, USDA Mortgage Calculator, Non-QM Mortgage Calculator, DSCR Mortgage Calculator, Fix & Flip Mortgage Calculator, Construction Mortgage Calculator, JUMBO Mortgage Calculator
Types of Renovation Loans
?? FHA 203k Loan – Government-backed loan with low down payment, ideal for primary residences.
?? Fannie Mae HomeStyle® Loan – Conventional loan for primary homes, second homes, and investment properties.
?? Fix-and-Flip Loans – Short-term financing for real estate investors.
?? VA Renovation Loan – Renovation financing for eligible veterans.
How the Renovation Mortgage Calculator Works
- Enter the property purchase price or current home value (for refinancing).
- Input estimated renovation costs (contractor bids preferred).
- Select your loan type (FHA 203k, HomeStyle, etc.).
- Get an estimate of your loan amount and monthly payment.
Benefits of a Renovation Mortgage
? Finance home improvements with one loan
? Low down payment options available
? Great for fixer-uppers and investment properties
? Increase home value with renovations
Get Pre-Approved for a Renovation Loan Today!
At The Mortgage Calculator, we specialize in renovation financing for homebuyers, homeowners, and investors. Use our calculator to estimate your loan amount, then connect with our mortgage experts to explore your financing options.
?? Start your loan application now!