Land Loan Calculator
Calculate land loan payments, interest rates, and financing options for vacant land purchases with detailed payment schedules and cost analysis
Loan Details
HOA fees, maintenance, utilities, etc.
Land Loan Features
Higher Down Payments
Land loans typically require 20-50% down payment, higher than home loans.
Shorter Terms
Most land loans have terms of 10-20 years, shorter than traditional mortgages.
Higher Interest Rates
Land loans usually have higher interest rates due to increased lender risk.
Important Considerations
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Consider utilities access, zoning restrictions, and development costs
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Factor in survey costs, environmental studies, and permits
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Land loans may have variable rates or balloon payment terms
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Consider your construction timeline and financing transition