SAMPLE OWNER-OCCUPIED COMMERCIAL REAL ESTATE PROJECT:

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Total Project Size: $1,000,000
Bank 504 & Bank SBA 7 (a)
Down Payment 20% 10% 10%
Bank Loan Amount $800,000 $500,000 $900,000
504 Loan Amount* $411,000*
Bank Amortization 20 20 20
504 Amortization 20
Bank Rate 7.00% 7.00% 7.00%
504 Rate 4.16%
Bank Monthly Payment $6,202 $3,876 $6,978
504 Monthly Payment $2,526
Total Monthly Payment $6,202 $6,402 $6,978
5.76% Blended Rate
Equity Requirement $200,000 $100,000 $100,000
7 (a) Up Front Fees $20,250
504 Up Front Fees $2,500
Due From Borrower Less Closing Cost $200,000 $102,500 $120,250
* The 504 loan amount includes the SBA fees that are built into the monthly payment

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