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Construction draw schedule calculator
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A draw schedule splits the construction or rehab budget into stages, such as foundation, framing, dry-in, rough-ins and finishes. The lender releases each draw after an inspection confirms the work. Enter your budget to see each draw, the running total and the interest you’ll pay as funds go out.
| Number of draws | 6 |
| Draw fees | $1,800 |
| Interest on draws (as funded) | $18,639 |
| Interest on amount funded at closing | $9,167 |
| Total interest, non-Dutch | $27,806 |
| Total interest if Dutch | $45,833 |
| Stage | Share | Draw | Cumulative | Approx. timing |
|---|---|---|---|---|
| Foundation | 15% | $60,000 | $60,000 | Month 2 |
| Framing | 20% | $80,000 | $140,000 | Month 3 |
| Dry-in (roof, windows) | 15% | $60,000 | $200,000 | Month 5 |
| Rough-ins (MEP) | 20% | $80,000 | $280,000 | Month 7 |
| Drywall and interior | 15% | $60,000 | $340,000 | Month 8 |
| Finishes and final | 15% | $60,000 | $400,000 | Month 10 |
Stage shares are a common pattern for a single-family build; your lender’s schedule and inspector set the real one. Many lenders fund draws as reimbursement for completed work.
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