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Conventional Financing (50%) plus MELF (50%)
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Bank Loan @ 50%
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Monthly Payment on Bank Loan
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Interest Rate
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Annual Payment on Bank Loan
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Term (years)
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MELF Loan @ 50%
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Monthly Payment on MELF Loan
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Interest Rate:
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Annual Payment on MELF Loan
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MELF Term
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Total Monthly Debt Service
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Total Annual Debt Service
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Downpayment
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Fees for Machinery & Equipment Loan Fund (MELF) (1% to State Down Payment)
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