Draw Schedule
Turn a renovation budget into construction phases and lender-ready draw requests. Enter your line items, pick the number of draws, and watch the schedule assemble - even split or phase-weighted.
Illustrative planning tool only. Your lender's actual draw process, inspections, and holdbacks may differ, and nothing here is 1st Private Capital's draw policy.
Budget in. Draw schedule out.
Blank uses the line-item total below as the budget.
Edit the examples or add your own. Names drive the phase assignment - "demo", "framing", "plumbing", "drywall", "final" all land where you would expect.
| Draw | Phase | Work included | Amount | % of budget | Cumulative |
|---|---|---|---|---|---|
| Enter a budget or line items to build the schedule. | |||||
- The summary appears here as you build the schedule.
This schedule is an illustrative planning tool. Your lender's draw process may differ - draws are typically funded after inspection of completed work, and many lenders hold back a portion until final completion.
Snapshots are stored only in this browser, on this device.
Educational estimate only. Nothing on this page is an offer, quote, rate indication, or underwriting decision. To send results to 1st Private Capital, copy or download them and paste the summary into the Exit strategy / notes field on the Request a Term Sheet form - the form does not import them automatically yet.
No black box. Here is the logic.
The whole calculation runs in your browser. Nothing you type is sent anywhere.
site prep / demo -> structure + rough carpentry -> systems rough-in -> finishes -> final completion
Each line item is matched by name: "demo" and "site prep" land in phase one, "framing" and "roof" in phase two, "plumbing", "electrical", and "HVAC" in phase three, "drywall", "paint", "kitchen", and "flooring" in phase four, and "final" or "punch list" in phase five. Unmatched items default to finishes - rename them to re-slot.
draw amount = the line items actually in that phase
Each draw is sized to the work it funds. If you want more draws than active phases, the largest phase is split into parts; if fewer, the smallest neighboring phases are combined - the construction order is always preserved.
draw amount = budget / number of draws
The budget is divided equally and each draw lists the phases and line items that fall inside its slice of the spending, in construction order.
difference = line-item total - stated budget
The line items should add up to the budget you stated. The readout flags the gap either way - a schedule built on numbers that do not reconcile invites questions from any lender.
inspection -> funding -> next phase
In practice, draws are funded after completed work is verified, and lenders commonly hold back part of the budget until final completion. This tool plans the shape of the schedule - your lender's actual draw process may differ.
The funding plan should follow the work.
Renovation funds are typically released in draws as work completes, not all at closing. A schedule that mirrors the construction order means no phase waits on cash.
A budget that reconciles, mapped to phases in the right order, tells a lender you have run a project before - or at least planned like someone who has.
Each draw is a checkpoint: work verified, money released, next phase funded. Slippage shows up at the first milestone instead of at the end.
The renovation budget behind this schedule is part of what 1st Private Capital asks for on every deal. See the Hard Money page - and if you need the budget first, start with the Budget Builder.
Schedule Set?
Paste your results into the request form and get real terms on the real project.