proforma - construction loan interest estimate
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[{"id": "dvz46oq", "text": "You can run st a fixed rate, but more than likely it\u2019s a floating rate against 30 day libor.\n\nNot sure what dev loans run at, but for MF bridge loans were seeing L+250 from banks and L+400-475 from non-bank lenders. \n\nHonestly - call a broker and ask for rough quote estimate. Add 25-50 bps to that number ", "replies": [], "depth": 1}, {"id": "dvzknva", "text": "Do you mean the interest rate or how much total interest you will need to pay during construction?", "replies": [], "depth": 1}]