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You are purchasing a building and finance it with the following information. Compute the Lender yield at maturity of the loan. Purchase Price: $20,000,000 LTV:

You are purchasing a building and finance it with the following information. Compute the Lender yield at maturity of the loan.

Purchase Price: $20,000,000

LTV: 75%

Amortization Period: 30 years

Term: 10 years

Nominal Rate: 4%

Loan Origination Costs: $75,000

Loan Discount/Points: 2.5%

Prepayment Penalty: 2%

Other Third Party Fees: $60,000

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