Debt & financing

Debt lives on Assumptions (⌘1), in the Financing Terms card. Inputs on top, engine output below — you set the terms, the engine sizes the loan and reports the coverage.

Fig 01Financing Terms, right-hand card. Everything under 'Year 1 Debt · Engine Output' is computed — edit the terms above it, not the results.

Set the loan

• Sizing Basis — how the loan is sized (e.g. LTV of Purchase Price); the dropdown lists the alternatives.
• LTV — with LTV sizing, this drives Loan Amount (computed).
• Interest Rate, Loan Term (Years), Amortization (Years), I/O Period (Years) — the note’s terms.

The engine block reads back Year 1 Debt Service, DSCR, Debt Yield, and Ending Loan Balance. The header rail above the cards shows loan proceeds, equity at close, and LTV; the scenario bar’s levered IRR moves with every term you touch.

Refinance

The Re-finance Terms card ships off (In Use: No, marked DISABLED). Tick In Use to add a refinance event; Inspect traces what it does once enabled. Off by default is deliberate — see Limitations.

Note

Debt detail beyond the card — full schedule, service ledger, refinance analysis — comes out in the workbook: three debt reports in the report catalog.