Harbor Drive Mortgage + DIP Plan

Shows the mortgage, DIP payments, and buyout optionality for AQS International (Family Office) while City First Mortgage (continues servicing).

Property / Lender
Address
Lender
Servicing note
Mortgage
Loan amount
APR (assumption)
%
Projection months
Tip: set APR to 0% if you want a pure “paydown only” view.
DIP Payments
Initial DIP payment
Timing
Monthly payment (from DIP)
Quick summary
You’ll put $150,000 into the DIP account and pay $30,000/mo from DIP.
Buyout Optionality (During the Year)
Buyer / Family office
Buyout % of loan value
90%
Buyout month
Month 6
Set a month within your projection window (default: 12 months).
At Month 6 (after DIP payment)
Projected balance
$2,770,000
Buy price @ 90%
$2,493,000
Discount / savings
$277,000
Note: Servicing stays with City First Mortgage per your instruction: “they keep servicing it.”
Totals (Projection Window)
Total paid (DIP)
$360,000
Total interest
$0
Ending balance
$2,590,000
Deal Snapshot
  • Property: 735 Harbor Drive, Key Biscayne, FL
  • Mortgage: $3,100,000 with City First Mortgage
  • DIP funding/payment plan: $150,000 initial + $30,000/mo
  • Buyout option: AQS International (Family Office) can buy the loan at 90% / 95% / 100% during the year
  • Servicing: City First Mortgage (continues servicing)
Projected Paydown Schedule
Month-by-month view using your DIP payments and APR assumption.
Initial applied immediately
MonthStartingInterestPayment (DIP)Ending
1$2,950,000$0$30,000$2,920,000
2$2,920,000$0$30,000$2,890,000
3$2,890,000$0$30,000$2,860,000
4$2,860,000$0$30,000$2,830,000
5$2,830,000$0$30,000$2,800,000
6$2,800,000$0$30,000$2,770,000
7$2,770,000$0$30,000$2,740,000
8$2,740,000$0$30,000$2,710,000
9$2,710,000$0$30,000$2,680,000
10$2,680,000$0$30,000$2,650,000
11$2,650,000$0$30,000$2,620,000
12$2,620,000$0$30,000$2,590,000
This is a planning view (not legal advice). If you want it to match your note exactly, plug in the real interest rate, payment priority, and any fees/escrow.