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Commercial Loan Underwriting ( Value of project 1 0 , 0 0 0 , 0 0 0 ; Partially Amortizing Loan Amount = 7 ,

Commercial Loan Underwriting

(

Value of project

10, 000, 000

; Partially Amortizing Loan Amount

= 7, 000, 000

; Interest Rate

= 4.5 %

; Amortization Period

25

years; Term

5

years; Points

= 2

;NOI

= 520, 000)

What is the initial equity required?

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