Financial Future

The preliminary findings of the funding summary are as follows:
Total estimated capacity = 10.5m - 18.0m

FUNDING COMPONENTS

MAIN BORROWING OPTIONS

Bond Issuance

  • 20-30 term at 4% - 5% interest rate
  • No prepayment penalty
  • Potential for interest only payments for first 2 years
  • Possible higher up front costs

Traditional Mortgage

  • 30 term at approx 6% interest rate
  • No prepayment penalty
  • Variable interest rate
  • Lower up front costs



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