Hotel Loan Calculator
Estimate a hotel loan's monthly payment, debt service coverage ratio (DSCR) and loan-to-value (LTV) from your own numbers.
Every result is an estimate. It is not an offer or a quote, and actual terms depend on the lender and the deal.
Estimate Your Hotel Loan
Enter your own figures. Nothing is filled in for you, and nothing you enter leaves this page.
Your Estimates
- Monthly payment Estimate
- —Needs the loan amount, interest rate and amortization.
- Annual debt service Estimate
- —Needs the loan amount, interest rate and amortization.
- Debt service coverage ratio (DSCR) Estimate
- —Needs the payment inputs and the NOI.
- Loan-to-value (LTV) Estimate
- —Needs the loan amount and the property value.
Lenders typically want to see a DSCR of 1.25x or higher. Every transaction is different, and the property's cash flow governs the loan amount.
Every result is an estimate. It is not an offer or a quote, and actual terms depend on the lender and the deal.
How the Estimates Are Worked Out
Three standard formulas, so you can check any result by hand.
| Estimate | How it is worked out |
|---|---|
| Monthly payment | The standard amortized payment: loan × r ÷ (1 − (1 + r)−n), where r is the annual interest rate ÷ 12 and n is the amortization in months. With no interest, the loan ÷ n. |
| Annual debt service | The monthly payment × 12. |
| DSCR | Net operating income ÷ annual debt service. Lenders typically want to see 1.25x or higher. |
| LTV | Loan amount ÷ property value. SBA loans are sized on total project cost instead, and the leverage a lender allows depends on the loan program. |
Every result is an estimate. It is not an offer or a quote, and actual terms depend on the lender and the deal. Compare loan programs
Speak With a Hotel Financing Expert
Call (866) 994-6835 or complete the form below to speak with a hotel financing expert. We will talk through your deal and review your documents at no charge, with no obligation — and you do not need to have it all organized first.
You can also reach us through our contact page.