Opens Foundation Finance’s secure application in a new tab.
Subject to credit approval
Start with your project
What could your monthly payment look like?
Planning estimates
$
Use your Outlook Builders quote. The same price applies to every financing option.
$10,000$200,000
$
The amount you plan to pay up front, before any extra cash required by the financing cap.
Example interest rateCompare example rates. These do not predict your approved rate or credit tier. Deferred rates are shown in the cards.Estimated credit scoreUsed only for longer-term estimates. FFC determines actual eligibility.
$
Planning to rent the space? Add your estimate, or leave blank to skip the comparison.
Amount financed$100,000
Longest estimated term20 years
Total cash required$15,000Your cash at signing + any amount over the cap
Cash price, no financing$109,2505% discount, subject to quote confirmation
Three ways forward
Find a payment that fits your plans.
Estimates only. Actual rates, terms and program availability are determined by Foundation Finance at approval.
Option 101
Fixed monthly payments
Spread the balance over the longest term used in your estimate, with a fixed rate.
$1,094/ month
A little more room each month
Annual rate
11.9%
Term
240 months
First payment after completion
Month 1
Total loan payments
$262,589
Total interest
$162,589
Rent minus payment+$406 / month before expenses
Rent covers 137% of this estimated payment. Taxes, insurance, upkeep, vacancy and other expenses are excluded.
Option 202
Rent it before you pay
An illustrative 12-month no-interest, no-payment plan. Start with a year to settle in or find a tenant.
$1,184/ month after 12 months
12 months before payments begin
Months 1–12: $0 paymentsThen 228 monthly payments
Annual rate after year 1
12.99%
Monthly payments
228 payments
First payment after completion
Month 13
Total loan payments
$269,997
Total interest
$169,997
Rent minus payment after month 12+$316 / month before expenses
Rent covers 127% of this estimated payment. Taxes, insurance, upkeep, vacancy and other expenses are excluded.
Option 303
Shortest payoff
A 10-year fixed-rate estimate. A higher monthly payment can mean less total interest.
$1,429/ month
A shorter path to paid off
Annual rate
11.9%
Term
120 months
First payment after completion
Month 1
Total loan payments
$171,472
Total interest
$71,472
Rent minus payment+$71 / month before expenses
Rent covers 105% of this estimated payment. Taxes, insurance, upkeep, vacancy and other expenses are excluded.
Payments show estimated principal and interest, rounded to the nearest dollar. Total loan payments use the unrounded estimate and exclude your upfront cash.
Let’s make room for what’s next
Ready to take the next step?
Apply with Foundation Finance, or talk through these numbers with your Outlook Builders project manager. We’ll help you understand your options.
Apply Now Opens the lender’s secure application in a new tab.
About these estimates
These estimates are for planning purposes and are not an offer of credit or a commitment to lend. All financing is subject to credit approval by Foundation Finance Company (FFC). Your actual rate, term and payment depend on your approval, the amount financed and program availability.
This calculator uses the illustrative rates and program assumptions supplied by Outlook Builders: annual rates of 11.9%–17.99% for standard financing and 12.99%–17.99% for the deferred option; financing from $1,000 up to $100,000. Example interest rates are independent of your credit score and do not represent FFC’s underwriting tiers or guarantee any rate. The credit score choice only controls the longer-term estimates.
The 180- and 240-month estimates use a credit score above 680 and amounts financed above $25,000 and $35,000, respectively. The estimate uses 144 months for amounts above $7,500 when a longer term is not used, and 120 months otherwise. The shortest-payoff option uses 120 months. Eligibility for any term must be confirmed by FFC.
The deferred estimate assumes no payments and no interest accrue for 12 months after substantial project completion. The calculation subtracts those 12 months from the overall term, then repays the unchanged balance over the remaining months at the displayed annual rate. Confirm the deferral dates, interest treatment and payment schedule in your approved loan documents.
The cash comparison assumes a 5% discount when paying in full without financing. Your Outlook Builders quote must confirm this discount. The project price entered is the same for all financing options.
Rent minus payment is a comparison before expenses, not profit or a guarantee of rental income. It excludes taxes, insurance, maintenance, vacancies and other costs. These calculator inputs stay on this page and are not submitted to Foundation Finance. Clicking Apply Now opens FFC’s separate application.
