Development Loan Calculator
Please use our bridging loan calculator to obtain some terms from our panel of lenders within minutes (based on the criteria you enter into the calculator).
Send this indicative quote directly to Teal Finance and we'll continue from there, email it to yourself or whom it may concern.
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| Indicative quotation | |
|---|---|
| Initial land value (Day 1) | £2,500,000.00 |
| Initial loan (Day 1) | £1,000,000.00 |
| Construction costs | £350,000.00 |
| Gross Development Value | £5,500,000.00 |
| Loan Duration | 12 months |
| Net LTV [1] | 40.80% |
| Interest Rate [2] | 0.55% |
| Arrangement Fee (2%) | £27,000.00 |
| Initial loan interest | £69,870.47 |
| Construction loan interest [3] | £12,768.34 |
| Exit Fee (1%) | £14,596.39 |
| Total Facility Amount | £1,474,235.19 |
Send this indicative quote directly to Teal Finance and we'll continue from there, email it to yourself or whom it may concern.
Email this quotation
×
Enter an email address and an accompanying message, and when you click 'send' a copy of this
calculation will be emailed to the address you entered.
Send to broker
×
Fill in your details below, and click 'send' - this will send a copy of this calculation to a Broker
who will get in contact with you to discuss your requirements further.
Notes:
- Loan to Value
- Monthly interest rate (indicative)
- This calculation assumes that construction costs are drawn evenly over the duration of the loan.
Please note, this is an indicative calculator. The figures displayed are subject to the lender's approval and due diligence.