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Clopton Capital Debuts Commercial Mortgage Calculator
Clopton Capital, a Chicago-headquartered commercial mortgage lender, is now offering a free commercial mortgage calculator app for Android and iPhone devices.
According to the company, the calculator can provide results including down payment, monthly and yearly payments, cash flow after debt service, debt service coverage ratio, debt yield and return on investment.
“The commercial mortgage calculator will give the user the ability to generally analyze the financing and returns on any commercial property,” said Jake Clopton, President of Clopton Capital. “The layout of the calculator is set up for acquisition scenarios and you will be able to see potential equity returns and coverage based and different levels of financing.”
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