CommercialBanc
  CommercialBanc Commercial Financing Tools - DSCR Commercial Loan Calculator  
Contact CommercialBanc at 1-866-706-BANC
Multifamily Lending - Apartment Loans and Multifamily Loans Commercial Lending - Commercial Loans Conduit Lending - Conduit Loans Small Balance Plus Commercial Mortgages How to Get Started With CommercialBanc
CommercialBanc
CommercialBanc Commercial Mortgage Broker Program CommercialBanc CommercialBanc
CommercialBanc
 
This Financial Calculator requires a Browser with Java(TM) applet Support. If you are seeing this message you will need to download SUN's Java(TM) Plug-in. This can be done simply, and automatically, by clicking the link below:

Get the Java(TM) Plug-in!

 
 
*Please note: Prequalification using our commercial loan calculator is not a full loan application and does not constitute an approval. The loan process involves a few more steps that your loan officer can handle for you. Discuss your results at CommercialBanc's DSCR commercial loan calculator blog.
 
 

Commercial Loan Calculator  - DSCR Calculator - Definitions

Commercial loan amount

Total amount of your loan.

Amortization

Payment period in years.

Interest rate

Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.

New monthly payment

Monthly payment for this loan.

Annual Verifiable net income

Your annual net income from IRS tax returns or other financial statements.

Annual depreciation expense

Since depreciation reduces your net income, but not your cash flow, we add back depreciation in calculating your total net cash income.

Other non-cash charges

Like depreciation, these are other non-cash charges to your net income that should be added back to calculate your total net cash income for the year.

Real estate mortgage

Your monthly payment for any real estate mortgages.

Business line of credit

Your monthly payment for any business lines of credit.

Auto loans

Your monthly payment for any auto loans.

Credit cards

Your monthly payment for any credit cards.

Other loans

Your monthly payment for any other outstanding loans.

Monthly debt payments eliminated

Enter the amount, if any, of the monthly obligations you entered above that will be paid off by this new loan.

Debt Service Coverage (DSC)

The Debt Service Coverage (DSC) is determined by dividing the total annual net cash income by the total annual debt service. If you have a DSC of 1.25 or higher, there is a good chance that you will be approved for your loan.

 
CommercialBanc
Footer

About  l  Contact Us  l  Privacy Policy  l  User Agreement  l  Apartment Loan Center  l  Commercial Loan Center  l  Conduit Loan Center

Commercial Loan Calculators  l  Commercial Mortgage Brokers  l  Commercial Mortgage Blog  l  Commercial Mortgage Articles

CommercialBanc is an online commercial lender and apartment lender providing borrowers with a simplified way to obtain commercial real estate loans, apartment loans, or multifamily loans through standardization and a product driven online platform. 

CommercialBanc Commercial Mortgage Home

Copyright 2007 CommercialBanc.com

Commercial Lenders License #CL0701940

Footer