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You take out an equity-participation loan of $3.5 million, 8% interest rate paid annually, over 30 years. The participation portion for the lender is 5%

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You take out an equity-participation loan of $3.5 million, 8% interest rate paid annually, over 30 years. The participation portion for the lender is 5% of NOI above $100,000. What is the total mortgage payment to the lender? annual mortgage payment +NOI5% NOI5% annual mortgage payment +(NOI100,000)5% (NOI100,000)5% You take out an equity-participation loan of $3.5 million, 8% interest rate paid annually, over 30 years. The participation portion for the lender is 5% of NOI above $100,000. What is the total mortgage payment to the lender? annual mortgage payment +NOI5% NOI5% annual mortgage payment +(NOI100,000)5% (NOI100,000)5%

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