The loan is 6 months. The costs are:
1. An establishment fee of 3.5% or $910,000 on the $26m principal
2. The ongoing interest is 1% + BBSY where BBSY is around 0.3%.. so 1.3% x $26m / 2 is $340k.
The combination of the above is a cost of $1.25m on a $26m loan over 6 months, this is 9.6% effective interest rate, it’s actually more as the establishment fee is paid upfront.
The loan is 6 months. The costs are: 1. An establishment fee of...
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| Open | High | Low | Value | Volume |
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