Crunch the numbers with Dragonfly’s new calculators
By Bridging Loan Directory -
In an effort to help brokers crunch the numbers when working through deals with their clients, short and medium-term lender, Dragonfly Property Finance, has added three new calculators to its website.
- The Retained Interest Calculator enables you to gross up a loan where interest is to be retained
- The Net Loan Calculator lets you work out the Net Loan Advance after all deductions, e.g. legal, admin and broker fees
- The Maximum Loan Advance helps you calculate the maximum advance based on rental income on Buy-To-Let and HMO loans
Mark Posniak, Head of Marketing & Operations, Dragonfly Property Finance, commented:
“We launched these calculators to offer a simple way for brokers to crunch the numbers and work out every last detail of a deal. Anything we can do that makes life easier for the broker, and enables the client to be informed about the total cost of a loan even quicker, we’ll do it. Transparency and total awareness of cost are key.”