Use this calculator to estimate your debt service coverage with a new loan. If your debt service coverage is high enough, including your new loan payment, you have a better chance of being approved for your loan. Keep in mind, however, that debt service coverage is just one of many factors considered when a financial institution makes a loan decision. A favorable debt service coverage result alone does not imply that Brookline Bank or any other financial institution will approve your loan.
Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all business finance issues.
