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