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Couple reviewing architectural plans with an architect
Couple reviewing architectural plans with an architect
Couple reviewing architectural plans with an architect
Couple reviewing architectural plans with an architect
Couple reviewing architectural plans with an architect
Couple reviewing architectural plans with an architect
Couple reviewing architectural plans with an architect
Dream from the ground up
Turn your vision into reality with a WaFd Bank construction loan.

Construction Loan Calculator

$
$
$
6,469Your Estimated Monthly Payment
  • $0
    Principal & Interest
  • $2,689
    Taxes
  • $3,780
    Insurance
  • Payments quoted may include estimates of taxes & insurance, so actual payments may be higher.
  • Loans are subject to credit approval. Restrictions and limitations may apply.
  • 0.768333% tax rate used in estimate.
  • Rates for owner occupied homes only.
  • This calculator is for educational purposes only, and may not represent WaFd Bank's lending program requirements.
  • Ask us about additional available loan programs.
  • Payments quoted may include estimates of taxes & insurance, so actual payments may be higher.
  • Loans are subject to credit approval. Restrictions and limitations may apply.
  • 0.77% tax rate used in estimate.
  • Rates for owner occupied homes only.
  • This calculator is for educational purposes only, and may not represent WaFd Bank's lending program requirements.
  • Ask us about additional available loan programs.

Other WaFd Calculators

Other WaFd Calculators

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Lot Loan
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Remodeling

Construction Loans & Financing

Let's build your dream home together. Our local professionals specialize in home construction loans and work with you and your builder from application through completion of your new home. We handle all draws and inspections during construction.

How does a construction to permanent loan work?

WaFd Bank is unique when it comes to construction loans and home building financing. With our Construction to Permanent Loan, construction and permanent financing are conveniently rolled into one loan, so your permanent interest rate is locked in before you break ground. That means no requalifying or second appraisal after your home is built. With our cross-collateral loan program, you may be able to wait to sell your current home until after you move into your new home.

Our Custom Construction Loan Advantage

Checkout out our free WaFd Bank Custom Construction ebook!
Benefits of working with WaFd Bank
We keep your loan! We don't sell it to Wall Street or Fannie Mae.
We have competitive mortgage rates and will be with you every step.
You can quickly and securely apply online in minutes.
We keep your loan! We don't sell it to Wall Street or Fannie Mae.
We have competitive mortgage rates and will be with you every step.
You can quickly and securely apply online in minutes.

Your neighborhood loan officer can help you get started

Find a Loan Officer

Apply for a WaFd Bank lot loan in Arizona, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington.

Built Construction and WaFd Bank logo

WaFd Bank has partnered with Built to streamline draws, inspections and more.

Learn how Built worksarrow-right
Save Up to $600 on Closing Costs With a Checking Account From WaFd Bank*

Construction Roadmap

Map showing WaFd Bank location
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Set Objectives
Meet with your architect or builder to plan your dream home.
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House
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Project Planning
Set your budget, determine the scope of work, and establish a timeline for completion.
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Hand signing paper
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DIY or Contractor?
Doing it yourself or working with a builder? We can work with you either way. Our custom construction loan officers at your local WaFd Bank branch will walk you through the process of completing your project.
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Couple in front of house
Begin Construction
Our custom construction loan officers work with you to manage payouts to your builder each month as construction progresses from beginning to end.

Frequently Asked Questions

See More FAQsarrow-right
info-circleStill can't find what you are looking for? Contact your local branch or call us 24/7 at 800-324-9375.

Want more help? Come See Us

If you've done all your research and still want help with your construction loan, just stop by. We're nearby, and we'll sit down with you and answer any questions you may have.

Arizona, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington

* To qualify for the maximum $600 discount, before closing documents are prepared you must (1) have or open the WaFd checking account, (2) register for EZ-Pay from the new checking account, and (3) sign up for direct deposit of at least one form of a monthly recurring source of income.