Rate/Spread Chart (Core)

A/B Note Blended Interest Rate Chart
Measures the effect of adding a B Note to a senior conduit loan

Senior Loan (Conduit) Mezz Cap
(B Note)
Combined Loan Incremental Cost
        Blended Combined   
A Note Rate A LTV B Note Rate B LTV Rate LTV Add-On (bps)
Tier 1   $250,000 - $3,000,000
6.50% 80.00% 16.75% 5.00% 7.10% 85.00% 60
6.50% 75.00% 16.75% 5.00% 7.14% 80.00% 64
6.50% 70.00% 16.75% 5.00% 7.18% 75.00% 68
7.00% 80.00% 16.75% 5.00% 7.57% 85.00% 57
7.00% 75.00% 16.75% 5.00% 7.61% 80.00% 61
7.00% 70.00% 16.75% 5.00% 7.65% 75.00% 65
7.50% 80.00% 16.75% 5.00% 8.04% 85.00% 54
7.50% 75.00% 16.75% 5.00% 8.08% 80.00% 58
7.50% 70.00% 16.75% 5.00% 8.12% 75.00% 62