You are negotiating a lease agreement in a new building for your company. You need to figure out the rate for break-even on debt service charges. You know that construction costs averaged $330 per square foot when the building was built. The building is 100,000 sf and construction loan rates are probably around 9.5% If a 70% loan-to-value ratio was market, what are your payments based on 20 amortization and monthly payments.