Loan Maturity Check
Is a maturity coming that needs attention?
Enter the loan and the property. See the likely new payment, whether the loan still sizes, and how much time you have.
Inputs
Optional. Blank uses interest only.
Optional
Refinance assumptions
Results
Refinance risk
High
10 months to maturity
Likely new monthly payment
$53,224
vs. $28,333 today
Current LTV
72.7%
DSCR at new payment
1.13x
Supportable new loan
$7,150,000
Shortfall $850,000
- Watch: Maturity is 10 months away. This is the window to start.
- High risk: At the new rate the loan supportable by LTV is about $7,150,000, which is $850,000 short of the current balance.
- High risk: DSCR on the current balance at the new rate would be 1.13x, below the 1.25x minimum entered.
- High risk: Current LTV of 72.7% is above the 65% maximum entered.
- Watch: The payment rises about 88% at the new rate.
Assumptions
- The new payment assumes the full current balance is refinanced at the new rate and amortization.
- Supportable loan is the lower of value times max LTV and the loan NOI can carry at the minimum DSCR.
- Value and NOI are your estimates. A lender will rely on an appraisal and its own underwriting.
- Prepayment penalties, extension options, fees, and reserves are not included.
Results are educational estimates based on the inputs and assumptions shown. They are not a commitment to lend, an offer of financing, or an offer to sell or a solicitation of an offer to buy any security. Actual terms depend on lender underwriting and approval.