Laserfiche WebLink
NewB_Senior_4%_Final <br />Total Costs Per Unit <br />4% <br />Credit Basis <br />9% <br />Credit Basis <br />Historic <br />Credits Basis <br />Inter‐ <br />med.  <br />Costs Comments <br />DEVELOPMENT COSTS <br />FINANCING COSTS <br />Construction Period Costs <br />Hazard and Liability Insurance 45,000 375 <br />Construction Interest at: 4.50% 18 450,000 3,750 300,000 300,000 <br />Builder's Risk Insurance 75,000 625 75,000 75,000 <br />Taxes During Construction <br />Minnesota Housing Bridge Loan Origination Fee 185,200 1,543 <br />Construction Loan Origination Fee <br />Minnesota Housing Construction Oversight Fee <br />Other Inspection Fee <br />Permanent Financing Costs <br />Minnesota Housing 1st Mortgage Application Fee 250 2 <br />Minnesota Housing 1st Mortgage Origination Fee 180,585 1,505 <br />HUD/FHA MIP <br />HUD/FHA Exam Fee <br />HUD/FHA Inspection Fee <br />Other Permanent Origination Fee <br />Mortgage Insurance Premium 32,646 272 <br />187,220 1,560 <br />Bond Counsel <br />Underwriter Counsel <br />Trustee Fee <br />Rating Agency <br />Other Bond Fees <br />Title and Recording 60,000 500 15,000 15,000 <br />58,147 485 <br />11,629 97 <br />Financing Costs Total 1,285,677 10,714 390,000 390,000 <br />TOTAL MORTGAGEABLE COSTS 23,986,877 199,891 22,691,450 22,691,450 <br />Other Cap. Bond Int. 2% ‐ 18 months <br />Other <br />Bond Issuance Fee <br />Other Bond Origination Fee 0.50% <br />Other Ann. Bond Fee 0.10% <br />Workbook Development Costs ‐ Page 16 of 32 3/26/2018 5:31 PM