Calculator

Mezzanine leverage calculator

Set the shape of your stack and watch the equity requirement fall. Indicative arithmetic only; every real loan is priced case by case.

Total project cost (£)

Gross development value (£)

Senior leverage: 65% of cost

Mezzanine slice: 25% of cost

Senior rate: 7.5% a year

Mezzanine rate: 14% a year

Term: 18 months

Your equity requirement

£500,000

vs £1,750,000 with senior debt alone: £1,250,000 stays free for the next scheme.

Combined leverage90% LTC
Senior facility£3,250,000
Mezzanine facility£1,250,000
Senior interest over term£365,625
Mezzanine interest over term£262,500
Blended debt cost9.3% a year
Profit on cost (pre-finance)30%
Indicative return on equity174%

Simple interest on full facilities for the whole term, ignoring fees, drawdown profiles and tax. Indicative only, never an offer of finance. Term sheets are priced case by case.

Like the shape of those numbers?

Send us the real scheme behind them and get a term sheet in 48 hours.