To calculate the estimated monthly payments, enter the estimated project costs, select the appropriate Borrower Contribution percentage, and select the estimated amortization and interest rate of the bank loan.
25-year 504 Loan
For projects where real estate-related costs exceed equipment costs.
20-year 504 Loan
For projects where real estate-related costs exceed equipment costs.
10-year 504 Loan
For projects where equipment has a useful life of at least 10 years.