Investor Tools
Private Lending Payment Estimator
Compare interest-only vs amortized monthly payments and total interest over your selected term.
Loan inputs
Payment structure
Enter loan amount, rate, and term — then choose interest-only or amortized.
Frequently asked questions
What is an interest-only payment?+
You pay only interest each month; principal balance typically stays the same until payoff, sale, or refinance. Common on short-term private loans.
How is an amortized payment different?+
Each payment includes principal and interest. Over time, more goes to principal. Total interest over the term is usually lower than interest-only if held full term.
Are private lending rates the same as conventional?+
No. Private and bridge rates reflect term, risk, and speed. Use this estimator with a rate you expect from your lender or strategist — not as a quote.
How do I get actual terms from Pillar?+
Submit the form after estimating, or start the investor review at /check-options with details about your deal.