{"id":29499,"date":"2022-11-07T20:18:46","date_gmt":"2022-11-07T20:18:46","guid":{"rendered":"https:\/\/swoopfunding.com\/ca\/development-finance-calculator\/"},"modified":"2024-04-02T15:01:57","modified_gmt":"2024-04-02T15:01:57","slug":"development-finance-calculator","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/development-finance-calculator\/","title":{"rendered":"Development finance calculator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"29499\" class=\"elementor elementor-29499\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cf453b7 e-flex e-con-boxed e-con e-parent\" data-id=\"cf453b7\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-5013fc2 e-con-full e-flex e-con e-child\" data-id=\"5013fc2\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-8e880e2 e-con-full e-flex e-con e-child\" data-id=\"8e880e2\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-f8acb84 e-con-full e-flex e-con e-child\" data-id=\"f8acb84\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d1a4e94 elementor-widget elementor-widget-heading\" data-id=\"d1a4e94\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Development finance calculator<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9635357 elementor-widget elementor-widget-text-editor\" data-id=\"9635357\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Considering development finance? Use this simple calculator to understand how much you could borrow and how much it will cost.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0fad639 elementor-widget elementor-widget-ucaddon_last_updated\" data-id=\"0fad639\" data-element_type=\"widget\" data-widget_type=\"ucaddon_last_updated.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n<div id=\"last-updated-container\" class=\"\">\n\n <script id=\"last-updated-schema\" type=\"application\/ld+json\">\n        {\n          \"@context\": \"https:\/\/schema.org\",\n          \"@type\": \"Article\",\n          \"headline\": \"Development finance calculator\",\n          \"image\": [\"https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg\"],\n          \"datePublished\": \"2022-11-07T20:18:46+00:00\",\n          \"dateModified\": \"2024-04-02T15:01:57+00:00\",\n          \"author\": [{\n              \"@type\": \"Person\",\n              \"name\": \"AI\",\n              \"url\": \"https:\/\/swoopfunding.com\/ca\/author\/artificial-intelligence\/\"\n            }]\n        }\n    <\/script>\n \n <div class=\"last-updated view-user\" style=\"justify-content: left;\">\n \n <div class=\"info-left\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/ca\/wp-content\/themes\/swoopMW50\/assets\/icons\/swoop-icon-min.svg\" width=\"32\" height=\"32\">\n <\/div>\n \n <div class=\"info-right\" style=\"justify-content: left;\">\n <p><span>Page written by AI. Reviewed internally on April 2, 2024.<\/span><\/p>\n <\/div>\n\n <\/div>\n<\/div>\n\n\n<div class=\"modal fade modal-form modal-user\" id=\"modal-user\" tabindex=\"-1\" role=\"dialog\" aria-labelledby=\"modal-user\" aria-hidden=\"true\">\n <div class=\"modal-dialog\" role=\"document\">\n\n <div class=\"modal-content\">\n <div class=\"modal-header\">\n <button type=\"button\" class=\"close\" data-dismiss=\"modal\" aria-label=\"Close\">\n <span aria-hidden=\"true\">&times;<\/span>\n <\/button>\n <\/div>\n <div class=\"modal-body\">\n \n \n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1f93bab elementor-hidden-mobile e-con-full e-flex e-con e-child\" data-id=\"1f93bab\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2091cf5 elementor-widget elementor-widget-image\" data-id=\"2091cf5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2023\/06\/image-calculator.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8a51c38 e-flex e-con-boxed e-con e-parent\" data-id=\"8a51c38\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-40a0ebe elementor-widget elementor-widget-ucaddon_breadcrumbs\" data-id=\"40a0ebe\" data-element_type=\"widget\" data-widget_type=\"ucaddon_breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n <div id=\"breadcrumbs-container\" class=\"left\">\n <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav> <\/div>\n \n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a38099c elementor-widget elementor-widget-heading\" data-id=\"a38099c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How is development finance calculated?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-561b787 elementor-widget elementor-widget-text-editor\" data-id=\"561b787\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Unlike regular home or business mortgages, development loans are paid out in stages from an agreed loan pool. Lenders will typically limit the funds they are willing to provide to no more than 65% of land purchase costs, and up to 100% of the construction costs.<\/p><p>Here&#8217;s an example of new-build development finance:<\/p><p>A plot of land has been sourced that has planning permission to build ten, three bedroom detached houses. The land can be purchased for $600,000 and the cost to build all ten houses will be $2,000,000. Total deal costs are $2,600,000, excluding fees and interest.<\/p><p>The estimated value of each house after construction (including their freehold), is $350,000 meaning a Gross Development Value (GDV) of (10 x $350,000) $3,500,000.<br \/>Development finance can be used to raise up to 65% of the land cost = $390,000 and 100% of the build cost = $2,000,000. This is also subject to the total borrowing requirement not exceeding 70% of the Gross Development Value (LTGDV), which in this scenario is 68% ($2,390,000 vs $3,500,000).<\/p><p>A loan facility is set up for $2,390,000. (The pool). Funds are released in stages, with an initial release of $390,000 to help buy the land. The developer will provide cash in the sum of $180,000 to complete the land purchase.<\/p><p>The remaining $2,000,000 will be released in stages as the new-build progresses. The borrower will use their cash first, with the lender then following with further drawdowns.<\/p><p>The borrowed sum of $2,390,000 plus interest is repaid when the houses are sold on completion. As this deal is not a <a href=\"https:\/\/swoopfunding.com\/ca\/business-glossary\/joint-venture\/\">joint venture<\/a>, the developer retains all the <a href=\"https:\/\/swoopfunding.com\/ca\/business-glossary\/profit\/\">profits<\/a>.<\/p><p>With most development loans, interest is only charged on funds that have been drawn from the loan pool.<\/p><p>The <a href=\"https:\/\/swoopfunding.com\/uk\/business-glossary\/interest-rate\/\">interest rate<\/a> charged on development loans is directly linked to the lenders perceived risk of the deal. Therefore, the more you borrow against the total project cost, the higher the interest rate is likely to be. Therefore, any developer needs to trade off the cash they have available to contribute towards the scheme vs the interest rate they are willing to pay to borrow the funds.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a2df328 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a2df328\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0de743c\" data-id=\"0de743c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7f89b0d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f89b0d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-63e224a\" data-id=\"63e224a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-014cad3 elementor-widget elementor-widget-ucaddon_development_finance_calculator\" data-id=\"014cad3\" data-element_type=\"widget\" data-widget_type=\"ucaddon_development_finance_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n \n <div class=\"development-finance-calculator form-calculator\">\n <div class=\"left_column\">\n <div class=\"inner-left\">\n <p class=\"title\">Property security<\/p>\n\n <div class=\"form-group\">\n <label for=\"initial_land_value\">Initial land value<\/label>\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input id=\"initial_land_value\" type=\"text\" class=\"form-control mask-money\" aria-label=\"Initial land value\" value=\"2500000\" inputmode=\"numeric\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"initial_land_value\">Total construction costs<\/label>\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input id=\"total_construction_costs\" type=\"text\" class=\"form-control mask-money\" aria-label=\"Total construction costs\" value=\"350000\" inputmode=\"numeric\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"gross_development_value\">Gross development value<\/label>\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input id=\"gross_development_value\" type=\"text\" class=\"form-control mask-money\" aria-label=\"Gross development value\" value=\"5500000\" inputmode=\"numeric\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"number_of_units\">Number of units<\/label>\n <div class=\"input-group mb-3\">\n <input id=\"number_of_units\" type=\"number\" class=\"form-control\" aria-label=\"Number of units\" value=\"10\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"size_of_development_square_feet\">Size of development (in square feet)<\/label>\n <div class=\"input-group mb-3\">\n <input id=\"size_of_development_square_feet\" type=\"number\" class=\"form-control\" aria-label=\"Size of development (in square feet)\" value=\"100000\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"max_loan_term\">Max loan term (months)<\/label>\n <div class=\"input-group mb-3\">\n <input id=\"max_loan_term\" type=\"number\" class=\"form-control\" aria-label=\"Max loan term (months)\" value=\"12\">\n <\/div>\n <\/div>\n\n <p class=\"title mt-5\">Initial loan (day 1)<\/p>\n\n <div class=\"form-group\">\n <label for=\"loan_required_amount\">Initial loan percentage of land value<\/label>\n <div class=\"input-group mb-3\">\n <input id=\"loan_required_amount\" type=\"number\" class=\"form-control\" aria-label=\"Initial loan percentage of land value\" value=\"65\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">%<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n <p class=\"title mt-5\">Construction loan<\/p>\n\n <div class=\"form-group\">\n <label for=\"construction_cost_percentage\">Percentage of construction costs<\/label>\n <div class=\"input-group mb-3\">\n <input id=\"construction_cost_percentage\" type=\"number\" class=\"form-control\" aria-label=\"Percentage of construction costs\" value=\"100\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">%<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n <p class=\"title mt-5\">Interest<\/p>\n\n <div class=\"form-group\">\n <label for=\"annual_interest_rate\">Interest rate per annum<\/label>\n <div class=\"input-group mb-3\">\n <input id=\"annual_interest_rate\" type=\"number\" class=\"form-control\" aria-label=\"Interest rate per annum\" value=\"7.98\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">%<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n\n <\/div>\n\n <\/div>\n <div class=\"right_column\">\n <p class=\"title\">Facility overview<\/p>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Loan term<\/p>\n <p class=\"number-result\"><span id=\"loan_term_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Total facility amount<\/p>\n <p class=\"number-result\"><span id=\"total_facility_amount_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Annual interest rate<\/p>\n <p class=\"number-result\"><span id=\"annual_interest_rate_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Initial loan (day 1) interest allowance<\/p>\n <p class=\"number-result\"><span id=\"initial_loan_interest_allowance_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Construction costs loan interest allowance<\/p>\n <p class=\"number-result\"><span id=\"construction_cost_loan_interest_allowance_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Available balance<\/p>\n <p class=\"number-result\"><span id=\"available_balance_output\">-<\/span><\/p>\n <\/div>\n\n <p class=\"title mt-5\">Breakdown of loan facility<\/p>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Gross initial loan (day 1)<\/p>\n <p class=\"number-result\"><span id=\"gross_initial_loan_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Gross LTV<\/p>\n <p class=\"number-result\"><span id=\"gross_ltv_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Arrangement fee (2%)<\/p>\n <p class=\"number-result\"><span id=\"arrangement_fee_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Net initial loan (day 1)<\/p>\n <p class=\"number-result\"><span id=\"net_initial_loan_output\">-<\/span><\/p>\n <\/div>\n\n <p class=\"title mt-5\">Construction<\/p>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Loan facility (100% costs)<\/p>\n <p class=\"number-result\"><span id=\"loan_facility_output\">-<\/span><\/p>\n <\/div>\n\n <p class=\"title mt-5\">Project overview<\/p>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Current property value<\/p>\n <p class=\"number-result\"><span id=\"current_property_value_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Total development costs<\/p>\n <p class=\"number-result\"><span id=\"total_development_costs_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Gross development value<\/p>\n <p class=\"number-result\"><span id=\"gross_development_value_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">LTGDV<\/p>\n <p class=\"number-result\"><span id=\"ltgdv_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">LTC<\/p>\n <p class=\"number-result\"><span id=\"ltc_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Exit fee (2%)<\/p>\n <p class=\"number-result\"><span id=\"exit_fee_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Developer's equity contribution<\/p>\n <p class=\"number-result\"><span id=\"developers_equity_contribution_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Profit<\/p>\n <p class=\"number-result\"><span id=\"profit_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">Profit on cost<\/p>\n <p class=\"number-result\"><span id=\"profit_on_cost_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">GDV per unit<\/p>\n <p class=\"number-result\"><span id=\"gdv_per_unit_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">GDV per square foot<\/p>\n <p class=\"number-result\"><span id=\"gdv_per_square_foot_output\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number mb-5\">\n <p class=\"title-result\">Construction cost per square foot<\/p>\n <p class=\"number-result\"><span id=\"construction_cost_per_square_foot_output\">-<\/span><\/p>\n <\/div>\n\n <a href=\"https:\/\/app.swoopfunding.ca\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\" rel=\"noopener\">Get a quote<\/a>\n\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-60f6650 e-flex e-con-boxed e-con e-parent\" data-id=\"60f6650\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7bcb139 elementor-widget elementor-widget-ucaddon_auto_page_related\" data-id=\"7bcb139\" data-element_type=\"widget\" data-widget_type=\"ucaddon_auto_page_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n\n\n\n\n\n <div class=\"container-auto-page-related\">\n 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data-id=\"7f5fdee\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6179649 elementor-widget elementor-widget-heading\" data-id=\"6179649\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Ready to grow your business?<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d271e19 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d271e19\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/app.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Get started<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Development finance calculator Considering development finance? Use this simple calculator to understand how much you could borrow and how much it will cost. Page written by AI. Reviewed by Ciaran Burke on April 2, 2024. Ciaran Burke COO &#038; Co-Founder Ciaran is the technology and operations force behind Swoop. He began his career at KPMG [&hellip;]<\/p>\n","protected":false},"author":88,"featured_media":3950,"parent":17791,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"featured_image_urls":{"full":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"thumbnail":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-150x150.jpg",150,150,true],"medium":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-300x141.jpg",300,141,true],"medium_large":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-768x360.jpg",768,360,true],"large":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"1536x1536":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"2048x2048":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"image_blog":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-408x252.jpg",408,252,true],"image_podcast":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-397x298.jpg",397,298,true],"image_banking":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-43x20.jpg",43,20,true],"image_blog_internal":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-840x460.jpg",840,460,true],"image_blog_medium":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"image_single_banking":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-80x38.jpg",80,38,true]},"post_excerpt_stackable":"<p>Development finance calculator Considering development finance? Use this simple calculator to understand how much you could borrow and how much it will cost. Page written by AI. Reviewed internally on April 2, 2024. &times; How is development finance calculated? Unlike regular home or business mortgages, development loans are paid out in stages from an agreed loan pool. Lenders will typically limit the funds they are willing to provide to no more than 65% of land purchase costs, and up to 100% of the construction costs.Here&#8217;s an example of new-build development finance:A plot of land has been sourced that has planning&hellip;<\/p>\n","category_list":"","author_info":{"name":"AI","url":"https:\/\/swoopfunding.com\/ca\/author\/artificial-intelligence\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"thumbnail":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-150x150.jpg",150,150,true],"medium":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-300x141.jpg",300,141,true],"medium_large":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-768x360.jpg",768,360,true],"large":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"1536x1536":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"2048x2048":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"image_blog":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-408x252.jpg",408,252,true],"image_podcast":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-397x298.jpg",397,298,true],"image_banking":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-43x20.jpg",43,20,true],"image_blog_internal":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-840x460.jpg",840,460,true],"image_blog_medium":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2.jpg",980,460,false],"image_single_banking":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2019\/07\/calculator-desk-finance-1253591-980x460-2-80x38.jpg",80,38,true]},"post_excerpt_stackable_v2":"<p>Development finance calculator Considering development finance? Use this simple calculator to understand how much you could borrow and how much it will cost. Page written by AI. Reviewed internally on April 2, 2024. &times; How is development finance calculated? Unlike regular home or business mortgages, development loans are paid out in stages from an agreed loan pool. Lenders will typically limit the funds they are willing to provide to no more than 65% of land purchase costs, and up to 100% of the construction costs.Here&#8217;s an example of new-build development finance:A plot of land has been sourced that has planning&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"AI","url":"https:\/\/swoopfunding.com\/ca\/author\/artificial-intelligence\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/29499"}],"collection":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/comments?post=29499"}],"version-history":[{"count":10,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/29499\/revisions"}],"predecessor-version":[{"id":30529,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/29499\/revisions\/30529"}],"up":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/17791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/media\/3950"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/media?parent=29499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}