Land Loan Calculator
Estimate payments on a raw, unimproved or lot land loan. Land loans usually require a larger down payment and carry higher rates than a home mortgage because there is no structure as collateral.
Show amortization schedule
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Estimates only, for planning. Actual rate, fees and terms come from your lender. Figures assume a fixed rate and equal monthly payments; sales tax and trade-in are optional inputs. Some land loans use balloon, seasonal or simple-interest structures this tool does not model — confirm the structure with the lender.
Shopping for a land loan?
The calculator above gives you a solid payment estimate for planning. For actual rate quotes, compare land lenders and local credit unions directly — your real APR depends on your credit, the asset, and the lender.
Affiliate disclosure: Asset Loan Calculator is an independent tool and is not a lender, loan broker, or affiliate of any lender. A lender-comparison feature is being built; when it launches we may be compensated if you are matched with a lender. Nothing on this page is a loan offer or financial advice.
What affects your land loan rate
Raw land costs more to finance than improved lots. Expect 20 to 50 percent down and shorter terms; many land loans also carry a balloon payment, which this calculator does not model — confirm the structure with your lender.
Typical APR range used here: 7.49%–11.49%. Reviewed 2026-06-01.
Land loan FAQ
How much down payment for a land loan?
Typically 20 to 50 percent. Raw, unimproved land sits at the higher end; a finished lot with utilities at the lower end.
Why are land loan rates higher?
Vacant land is harder to sell if the borrower defaults, so lenders price in more risk than a home mortgage.