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The information, tools and materials presented in this site are provided to you for informational purposes only and are not to be used as or considered to be an offer to sell or solicitation of an offer to buy securities or other financial instruments, or any advice or recommendation with respect to such securities or other financial instruments. This site's contents may not be reproduced in whole or in part or otherwise made available to third parties without the prior written consent of Commercial Defeasance, LLC. Information and opinions presented in this Site have been obtained or derived from sources believed by Commercial Defeasance, LLC to be reliable, but Commercial Defeasance, LLC makes no representation as to their accuracy or completeness. Commercial Defeasance, LLC accepts no liability for any loss arising from the use of the material presented in this site.
THE SECURITIES COST ESTIMATE IS BASED ON THE LOAN TERMS INPUT BY THE USER AND THE YIELD CURVE DISPLAYED. THIS CURVE IS NOT LIVE BUT IS UPDATED REGULARLY. THE CALCULATOR ASSUMES THAT THERE IS A SECURITY AVAILABLE FOR EVERY PAYMENT POST-DEFEASANCE. THE ACTUAL COST TO PURCHASE THE SECURITIES CANNOT BE DETERMINED UNTIL THE DATE OF PURCHASE AND IS SUBJECT TO ACTUAL MARKET CONDITIONS AND SECURITY AVAILABILITY AT THAT TIME. TRANSACTION COSTS WILL VARY BASED ON THE LOAN SERVICER AS WELL AS THE INTENDED SPEED AND THE COMPLEXITY OF THE TRANSACTION. PLEASE BE ADVISED THAT THE DEFEASANCE PROCESS DOES NOT OFFICIALLY BEGIN UNTIL THE SERVICER HAS RECEIVED THEIR REQUIRED DEPOSIT (IF ANY) AND WRITTEN NOTICE OF THE INTENT TO DEFEASE. FEES CHARGED BY BORROWER ATTORNEYS, BROKERS, ETC… ARE NOT INCLUDED IN OUR ESTIMATES OF TRANSACTION COSTS.
Any person utilizing this calculator for profit or pecuniary gain (whether personal or on behalf of an employer), including by providing estimates from this calculator to borrowers or other third parties in connection with a transaction for which such person or his/her employer will receive a fee, without the express written consent of Commercial Defeasance, shall be subject to prosecution and may be denied future access to this site. To receive written consent, please go to the Contact Us portion of our website.
Defease With Ease is a registered service mark of Commercial Defeasance, LLC. Unauthorized use is strictly prohibited.
Defease With Ease is a registered service mark of Commercial
Defeasance, LLC. Unauthorized use is strictly prohibited.
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