05/14/2026
Most investors focus on the interest rate.
Smart investors focus on the TOTAL cost. 👀
On short-term hard money loans, points and fees can spike the real rate fast.
Example:
💰 $300K loan
💰 1 point + $500 fee = $3,500 upfront
Paid off in 3 months?
That fee acts like an extra ~4.67% annualized cost.
The faster the payoff… the more points matter.
Would you rather:
⬇️ Lower rate + points
⬆️ Higher rate + no points
Comment below 👇
