Interest cover
Check interest cover and debt service for a commercial loan. No upper limits.
Example figures are filled in. Replace them with your own.
Interest cover
1.77×
Meets the 1.75× target- Annual interest
- $101,500
- Annual principal and interest
- $132,783
- Debt service cover
- 1.36×
- Largest loan at the 1.75× target
- $1,418,719
Interest cover = net income ÷ annual interest. Debt service cover includes principal repayments too. Lenders usually test at a buffer rate above today's, so leave headroom.
Everyone's situation is different. These figures are a starting point. An adviser can run a personalised calculation with your real numbers and current lender policies.
Results are estimates for planning, using standard loan maths, and should be used as a guide only. They assume rates stay the same and leave out fees you haven't entered. They are not an offer or approval of finance, and not financial advice.
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Everyone's situation is unique. An adviser can run a personalised calculation with your real figures.