Silverport Capital built this hotel finance calculator for hotel and motel owners in Wenatchee, WA and Chelan County, WA pricing a room refit, FF&E, laundry equipment or an HVAC replacement as a loan. The results are arithmetic on your inputs; actual rates and terms come from a partner's offer.
Payment, Interest and Total: The Three Results Explained
Three numbers come back: the estimated monthly payment, the total interest over the term, and the total paid back. The total is the figure to compare between offers, and between a loan and a lease.
Rates and terms are your assumptions. Fees are not included; an offer states its own.
A hotel loan calculator run for Chelan County, WA guest room refreshes
Illustration only, invented figures: a $150,000 refresh of carpet, case goods and bathroom fixtures, at an assumed 10% annual rate over 84 months, comes to about $2,490 a month and $209,175 in total (our arithmetic). Over 60 months the payment rises to about $3,187 and the total falls to about $191,223 (our arithmetic).
Chelan County, WA counted 75 traveler accommodation employers in 2023, 60 of them hotels and motels (County Business Patterns, 2023 data, U.S. Census Bureau).
Pricing a hotel laundry or HVAC payment in Wenatchee, WA
Illustration only, invented figures: a $36,000 washer-extractor and dryer package at an assumed 11% annual rate over 48 months is about $930 a month (our arithmetic). Set that against the monthly cost of outside linen service to see whether the laundry pays for itself.
The equipment financing page compares a loan with a $1 buyout lease for the same laundry.
A commercial hotel loan calculator check on Wenatchee, WA FF&E quotes
Illustration only, invented figures: an $85,000 FF&E quote for mattresses, televisions and seating at an assumed 10.5% annual rate over 60 months is about $1,827 a month and $109,619 in total (our arithmetic). Run the term against the furnishings' expected life; financing them past it means paying for items already replaced.
The same calculator as a second check on a Chelan County, WA builder's equipment loan
The same calculator works for any amortizing loan, including a builder's equipment loan. A residential building contractor, one of 161 employers of that kind in Chelan County, WA in 2023 (County Business Patterns, 2023 data, U.S. Census Bureau), can enter a skid steer's price, rate and term as a second check on a dealer's quoted payment.
If the dealer's payment is higher than the calculator's at the same rate and term, ask what fees are included.
Inputs to Gather First
- The quote's total, including installation if financed.
- An annual rate to test.
- A term in months to test.
- For comparison, the lessor's payment and buyout, if a lease is offered.
Next on silverportcapital.com: the guides and calculator, hotels and motels and the request form.
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