That's right! The annual debt service on a 20-year Trust loan is lower than a traditional rate 30-year loan.

In the example below, a $20 million trust loan is compared with traditional 20- and 30-year loans.

In addition to a lower annual debt payment, a Trust loan will save you more than $5 million on a 20-year loan and more than $12 million on a 30-year loan. Also consider an extra 10 years of administrative costs servicing a 30-year loan.

Comparison of Annual Debt Service for $20 Million Project
Financed by NJEIT and Individually