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Commercial Loan Calculator

Use this calculator to estimate your debt service coverage with a new commercial loan. If your debt service coverage is greater than 1.25, including your new loan payment, you have a good chance of being approved.



*Please note: Prequalification is not a full loan application and approval. The loan process involves a few more steps that your loan officer can handle for you.

New Commercial Loan
Loan amountLOAN_AMOUNT
New monthly paymentMONTHLY_PAYMENT
Interest rateINTEREST_RATE
AmortizationTERM years
Your Annual Income
Annual verifiable net income VERIFIABLE_NET_INCOME
Annual depreciation expense DEPRECIATION_EXPENSE
Other non-cash charges OTHER_NON_CASH_CHARGES
Total annual net cash income TOTAL_NET_CASH_INCOME
Your Monthly Obligations
Real estate mortgage REAL_ESTATE_MORTGAGE
Business line of credit BUSINESS_LINE_OF_CREDIT
Auto loans AUTO_LOANS
Credit cards CREDIT_CARDS
Other loans OTHER_LOANS
Total existing obligations TOTAL_EXISTING_OBLIGATIONS
Monthly debt payments eliminated MONTHLY_DEBT_PAYMENTS_ELIMINATED
Total remaining obligations TOTAL_REMAINING_OBLIGATIONS
Debt Service Coverage
Annual existing obligations + ANNUAL_EXISTING_OBLIGATIONS
Annual existing obligations eliminated with new loan - ANNUAL_DEBT_PAYMENTS_ELIMINATED
Annual remaining obligations = TOTAL_ANNUAL_REMAINING_OBLIGATIONS
New loan annual debt service + ANNUAL_PAYMENT
Total annual debt service = ANNUAL_DEBT_LOAD
Debt service coverage (DSC)** DEBT_SERVICE_COVERAGE
Debt service required ratio DEBT_SERVICE_REQUIRED_RATIO

**The DSC is determined by dividing the total annual net cash income by the total annual debt service. This would be your annual net cash income of TOTAL_NET_CASH_INCOME divided by your total annual debt service of ANNUAL_DEBT_LOAD.

Payment Schedule


Commercial Loan Calculator Definitions

New loan amount
Total amount of your loan.
Amortization in years
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 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.

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