Your monthly payment listed on the Promissory Note is based on your full available loan balance and calculated based on 12 months.

Your monthly statement is based on daily interest and with all months not having equal days, your payment will differ from month to month as you are only being charged for the exact amount you have borrowed and for the exact amount of time you have borrowed it.

A huge advantage of working with us versus others is that we do not charge you interest on your undrawn rehab budget for the first 120 days and the payment on your Promissory Note includes interest for the full loan amount with all rehab funds being applied.