Hello,
I'm trying to solve for the incremental cost of capital for two loan options:
Option 1 (Recourse): $1.5MM loan amount, 4.25% coupon, 10 year balloon, and 30 year amortization
Option 2 (Non-Recourse): $1.0MM loan amount, 4.50% coupon, 10 year balloon, and 30 year amortization
I've built...