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Loan calculator

Instructions
  1. Fill in Project Cost
  2. Select down payment percentage
  3. Choose a bank amortization term
  4. Choose a bank loan rate
  5. Print out results
Project Cost   Amount
Land (or purchase of existing building)
New Construction/Renovations
Equipment
Other Cost
Total
*Other cost can include professional fees (i.e. appraisal & environmental fees), const. contingency and interim interest.

Source of Funds Structure Amount
Bank Loan 50%
SBA 504 Loan
Equity*
Total 100%
*15% if business is a start up or if the real estate is special purpose, 20% if both

504 Debenture Pricing   Amount
Net Debenture
Administrative Costs/Loan Fees
Total
Gross Debenture (rounded to the next one thousandth)

Monthly Loan Payment Amort. Interest Rate
Bank Loan
SBA 504 Loan 20
*Bank amortization is typically 20 yrs, but can be longer.

Debt Service   Payment
Monthly Payment  
  Bank Loan
  SBA 504 Loan
Monthly Debt Service
Annual Payment   
  Bank Loan
  SBA 504 Loan
Annual Debt Service
*Calculator is to be used for estimating purposes
4.839%
January 2012
504 20-year term