At issuance the deal had a weighted average amortization term
of 25 years, with no partial or full interest-only loans and loans scheduled to pay down approximately 19%.
The interest on the debt is 90% swapped over the 19-year amortization term
. The debt has a maturity of 10 years.
The company added that the HUD insured loan has a principal balance of USD7.8m, secured by one skilled nursing facility, an all in interest rate of approximately 5.3% and an amortization term
of 30 years.
Initially, servicers provided relief via expansion of amortization term--on average, the amortization term
was approximately 3 percent longer for modified loans overall.
Are there principles which give a key to a wise and financially safe mortgage amortization term
717 100 10 1,000 The formulas used to calculate the amounts in the table are: A = PMT (Note rate, remaining amortization term
, remaining principal) B = Note rate times beginning-of-year principal C = Original IRR times beginning-of-year basis (')D = D = Interest income minus stated interest = C - B C * = Stated interest + amortization = B + D * D * = Original net fee / original amortization term
(*) The original IRR is the internal rate of return corresponding to the cash flows in column A.
17 had required that the cost of intangible assets be amortized over the useful life of the asset, but set a maximum amortization term
of forty years, even for assets expected to provide service beyond that time.
128 loans representing 83.1% of the pool amortize with a weighted average amortization term
of 343 months, while 26 loans (17%) are full-term interest only.
A taxpayer faced with an IRS proposed adjustment seeking capitalization of ISO certification costs may want to negotiate a short amortization term
. Also, the IRS decision to capitalize ISO 9000 costs could impose significant administrative burdens on some businesses and have the effect of increasing the cost of certification -- a competitive disadvantage not faced by non-U.S.
Significant Amortization: At issuance, the pool's weighted average remaining amortization term
was 27 years, which represents faster amortization than typical U.S.