Amortization and loan constant
is one of the most important, and one that nursing home owners often fail to fully consider.
The loan structure was chosen because of the competitive interest rate, the low combined loan constant
, prepayment flexibility, funds available to finance capital improvements, and certainty of execution," said Erland.
interest Loan Constant
The total,amount paid each month in
Fitch has downgraded the credit assessment on this loan to below investment grade based on the current loan balance and a hypothetical stressed loan constant
25% loan constant
, a beginning loan-to-value (LTV) ratio of 56.
66x for 2002, which was calculated pursuant to the covenants in the loan documents, including a loan constant
Standard & Poor's determined that 2000 debt service coverage based on net cash flow (NCF) and a market-rate loan constant
75% loan constant
, has increased steadily since issuance, and stood at 2.
Standard & Poor's determined that debt service coverage, based on net cash flow (NCF) and a market-rate loan constant
, has remained stable since issuance and stood at 1.