Use our Quick Quote™ Defeasance Calculator to get an accurate estimate. It only takes a few minutes. Then, when you're done, be sure to check out our other useful tools and resources.
Disclaimer - Quick Quote Defeasance Calculator
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. WE ARE NOT SECURITIES BROKER-DEALERS, ACCOUNTANTS OR ATTORNEYS. COMMERCIAL DEFEASANCE AND ITS AFFILIATES ARE INDEPENDENT CONTRACTORS AND ARE NOT, AND SHOULD NOT BE CONSIDERED TO BE, IN A FIDUCIARY OR PARTNER RELATIONSHIP WITH THE BORROWER WHETHER OR NOT THE BORROWER ENGAGES COMMERCIAL DEFEASANCE OR ANY AFFILIATE TO PROVIDE SERVICES.
THE SECURITIES COST ESTIMATE IS BASED ON THE LOAN TERMS INPUT BY THE USER AND THE YIELD CURVE DISPLAYED IN THE CALCULATOR OUTPUT. THE DISPLAYED YIELD CURVE IS NOT “LIVE” BUT IS UPDATED REGULARLY. THE CALCULATOR ASSUMES THAT THERE IS A SECURITY AVAILABLE FOR EVERY REQUIRED POST-DEFEASANCE PAYMENT. HOWEVER, THAT IS NOT ALWAYS THE CASE IN THE SECURITIES MARKET. THE ACTUAL COST TO PURCHASE THE SECURITIES CANNOT BE DETERMINED UNTIL THE DATE OF PURCHASE, IS SUBJECT TO ACTUAL MARKET CONDITIONS AND SECURITY AVAILABILITY AT THE TIME OF PURCHASE AND MAY BE HIGHER OR LOWER THAN ANY PREVIOUS, CONTEMPORANEOUS OR SUBSEQUENT ESTIMATE. TRANSACTION COSTS WILL VARY BASED ON THE LOAN SERVICER, THE COMPLEXITY OF THE TRANSACTION AND THE REQUESTED CLOSING DATE. PLEASE BE ADVISED THAT THE DEFEASANCE PROCESS DOES NOT OFFICIALLY BEGIN UNTIL THE SERVICER (AND IN SOME CASES, SERVICER’S LEGAL COUNSEL) HAS RECEIVED ITS REQUIRED DEPOSIT (IF ANY) ALONG WITH A WRITTEN NOTICE OF INTENT TO DEFEASE. PLEASE ALSO NOTE THAT THE BORROWER WILL NEED TO ENGAGE AN ATTORNEY TO REPRESENT IT IN THE DEFEASANCE TRANSACTION, INCLUDING THE TRANSFER OF THE DEFEASED LOAN TO A SUCCESSOR BORROWER ENTITY AND THE NEGOTIATION OF THE RELATED DOCUMENTATION. THE FEES CHARGED BY THE BORROWER’S ATTORNEY, BROKER, ACCOUNTANT, TITLE COMPANY AND OTHERS INVOLVED IN THE RELATED REAL ESTATE TRANSACTION ARE NOT INCLUDED IN OUR ESTIMATES OF TRANSACTION COSTS.
This site's content 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 website 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 and specifically disclaims any and all warranties whether express or implied.
Defease With Ease® is a registered service mark of Commercial Defeasance, LLC. Unauthorized use is strictly prohibited.
This calculator uses the interest rate, original loan amount, and monthly debt serivce amount (principal and interest only without any escrow payments) to calculate the amortization period for you. All fields are required.
Interest Rate should be a number between 0 and 100.
Please add a Loan Amount.
Monthly Payment must be a number greater than 0.
nothing calculated yet
* Monthly Payment cannot be greater than the Original Loan Amount.
* Amortization was not able to be calculated. Please check your input values, and contact us if you continue to recieve this error.