🏛 The Somerville Record
Matters ▸ Attachment

Sewershed S2 New Mystic River Outfall & Foss Park Area Sewer Separation Design Debt Service — File 214032

File 214032·1 page·📄 Original PDF (city portal)·sha256 4079e6189068…
Debt Service Calculator 1) $1,500,000 2) Enter borrowing conditions: Interest Rate (e.g., 3.5% as 3.5): 4.2500 Term ( enter 5 or more) 30 3) Indicate ("x") payment type. Check both for comparisons. Level Debt Service x Level Principal Projected annual payment Level Debt Service Level Principal (Year One) Principal & Interest Interest only Level Debt Service $1,974,861 $474,861 Level Principal Year Level debt service ($) Year Level debt service ($) 2024 59,598 2044 91,203 2025 91,203 2045 91,203 2026 91,203 2027 91,203 2028 91,203 2029 91,203 2030 91,203 2031 91,203 2032 91,203 2033 91,203 2034 91,203 2035 91,203 2036 91,203 2037 91,203 2038 91,203 2039 91,203 2040 91,203 2041 91,203 2042 91,203 2043 91,203 Projected total payments over term. Enter amount to be borrowed. Sewershed S2 New Mystic River Outfall &Foss Park Area Sewer Separation Design