FINANCING A HOTEL/COMMERCIAL PROJECT
In an example where you're in the process of purchasing a property and are seeking 80% Financing, multiply the purchase price by .20. That is the amount of cash down payment you will need to have available to "put in to the deal" in order to finance the balance. Then, take the same purchase price and multiply it by .80. That is the amount you are proposing to finance. Take that result, and input it in to the mortgage calculator below to calculate a monthly payment. This calculator produces "principle and interest" payments only, and does not include taxes or insurance. It should be used for estimation purposes only, the final amount of your monthly payment will be provided to you by your lender of choice.
If you want to apply on-line for commercial financing, you can start the no-obligation process by clicking here.
Mortgage Payment Calculator - Java Script
Apply On-Line for a Commercial Real Estate Loan
Or, you can contact the LodgingIndex Message Center via voice or fax at
805-926-4775.Copyright © 2008
LodgingIndex provides Advertisement and Marketing Services only. LodgingIndex and its representatives are not licensed real estate agents or brokers, and do no provide any services in that capacity.