Permanent Loan
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Permanent Loan
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A permanent loan is a long term (usually between five and ten years) loan used to finance a property. If there is an outstanding bridge loan or construction loan, then a permanent loan may be used to pay off, or "take-out" that loan.
Permanent Loan in CashFlow:
Click Capitalization in the left navigation bar. | |
Click an existing Loan in the table. | |
In the Sizing section, toggle Loan to Cost on and enter a value in the field that appears below. | |
Toggle Debt Service Coverage Ratio on and enter a value in the field that appears below. | |
In the Interest Rate Section, enter a value in the Amortization Period field. | |
In the Financing Fees section:
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