🏛 The Somerville Record
Matters ▸ Attachment

Lead Line Replacement Debt Service — File 212361

File 212361·1 page·📄 Original PDF (city portal)·sha256 cc71c608d0e8…
Debt Service Calculator 1) $1,910,000 2) Enter borrowing conditions: Interest Rate (e.g., 3.5% as 3.5): Term ( enter 5 or more) 10 3) Indicate ("x") payment type. Check both for comparisons. Level Debt Service x Level Principal Projected annual payment Level Debt Service $191,000 Level Principal (Year One) Principal & Interest Interest only Level Debt Service $1,910,000 Level Principal Year Level debt service ($) 2022 1 191,000 2023 2 191,000 2024 3 191,000 2025 4 191,000 2026 5 191,000 2027 6 191,000 2028 7 191,000 2029 8 191,000 2030 9 191,000 2031 10 191,000 Projected total payments over term. Enter amount to be borrowed. LEAD LINE REPLACEMENT