SBA 504 Loan Calculator
Owning is within reach.
| Source of Funds | % of Total | Amount | Rates | Amortization | Collateral | Monthly Payment | Annual Payment |
|---|---|---|---|---|---|---|---|
| SBA 504 Loan |
%
|
|
2nd Deed | ||||
| Bank | 50% |
%
|
Years
|
1st Deed | |||
| Borrower |
%
|
||||||
| Total | 100% | ||||||
For more information, please contact:
Mike Sarthough at 619.609.1048 or
or
Merri Adams at 760.607.2239 or
Download our SBA 504 loan calculator app for your mobile phone:
Terms and Conditions
Rates
Bank Rate is estimated – will vary depending on lender.
SBA Rate is fixed at the time of the debenture sale. Rate for current month is shown.
Estimated Fees
Bank Vary depending on lender policy.
SBA 2.15% of SBA loan plus legal fees are financed and therefore included in the SBA loan amount.
Related Costs Appraisal, environmental reports (if required), and escrow closing costs (including insurance and legal closing costs) may be included in the loan.
Collateral
90% financing generally does not require additional collateral.
*Bank rate: Estimated – will vary depending on lender.
*SBA 504 rate: Determined on a monthly basis at the time of debenture sale and fixed for the term of the loan.
*SBA fees: Include 2.15% of the SBA 504 loan amount plus legal fees. SBA fees are fully financed and therefore included in the loan amount.