* Other costs can include professional fees (i.e. appraisal &
environmental fees), construction contingency and interim interest.
*15% required if the business is a start-up or the real estate is considered special purpose; 20% if both.
*Bank amortization is typically 20 years, but can be longer
*Calculator for estimating purposes only.
This Calculator will provide a simplified estimate of how the SBA 504 REFI program could work using data you provide. If this program looks like it would work for you please contact a WBD Loan Officer who can provide you with a more detailed and accurate estimate of your refinancing package options based on your specific needs.
Note: loans with less than 10% equity are not eligible for refi
Total amount for both loans
Bank Sets Terms and Rate
25 year Fixed Rate
You can adjust this rate
This is the current Effective Rate
Pay down lines of credit and other qualified business expenses
Bank Sets Terms and Rate
25 year Fixed Rate
You can adjust this rate
This is the current Effective Rate