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Privet

Privet is an education and information resource. We are not a lender, broker or adviser. If you'd like to explore funding, we can pass your enquiry to finance providers who may be able to assist. How Privet works

Tools

Construction drawdown calculator

Model progress claims across a build, with interest capitalised month by month, to see the peak debt at completion.

$
$
% p.a.
months
Progress claims, from your building contract

Estimate only. Not a quote, offer or advice.

Enter the construction cost and the build period, then your progress claims.

Assumptions
  • Each progress claim is drawn at the start of its month.
  • Interest is charged monthly on the drawn balance and capitalised (added to the loan).
  • Stage percentages come from your building contract. Privet does not supply typical stage splits.
How this is calculated
  1. Balance = land loan + draws to date + capitalised interest.
  2. Monthly interest = balance × rate ÷ 12.
  3. Peak debt is the balance at the end of the build period.
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Free. No obligation. Not an application for credit.

General information only. Privet is not a lender, credit provider or mortgage broker and does not provide financial, credit, legal or tax advice.

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Privet may receive a referral fee or commission from finance providers if an enquiry proceeds. This does not change the information shown on this site, and you are never obliged to proceed. How Privet is funded