Matters ▸ Attachment
GLX Elevator — File 212267
Debt Service Calculator
1)
$1,331,543
2)
Enter borrowing conditions:
Interest Rate (e.g., 3.5% as 3.5):
3.0000
Term ( enter 5 or more)
20
3)
Indicate ("x") payment type. Check both for comparisons.
Level Debt Service
x
Level Principal
x
Projected annual payment
Level Debt Service
$89,501
Level Principal (Year One)
$106,523
Principal & Interest
Interest only
Level Debt Service
$1,790,012
$458,469
Level Principal
$1,750,979
$419,436
Year
Level debt service ($)
Level principal ($)
2023
1
89,501
106,523
2024
2
89,501
104,526
2025
3
89,501
102,529
2026
4
89,501
100,531
2027
5
89,501
98,534
2028
6
89,501
96,537
2029
7
89,501
94,540
2030
8
89,501
92,542
2031
9
89,501
90,545
2032
10
89,501
88,548
2033
11
89,501
86,550
2034
12
89,501
84,553
2035
13
89,501
82,556
2036
14
89,501
80,558
2037
15
89,501
78,561
2038
16
89,501
76,564
2039
17
89,501
74,566
2040
18
89,501
72,569
2041
19
89,501
70,572
2042
20
89,501
68,574
Projected total payments over term.
Enter amount to be borrowed.
GLX ELEVATOR