- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- Developer fee
- A key concept referenced by the Developer Fee %: Calculate developer fee as a percentage of total project cost. Market rate residential: 15-25% of hard costs. Affordable housing (LIHTC): typically capped at 15% of total development costs.
- Real estate developer fee
- A key concept referenced by the Developer Fee %: Calculate developer fee as a percentage of total project cost. Market rate residential: 15-25% of hard costs. Affordable housing (LIHTC): typically capped at 15% of total development costs.
- Development fee percentage
- A key concept referenced by the Developer Fee %: Calculate developer fee as a percentage of total project cost. Market rate residential: 15-25% of hard costs. Affordable housing (LIHTC): typically capped at 15% of total development costs.
- Affordable housing developer fee
- A key concept referenced by the Developer Fee %: Calculate developer fee as a percentage of total project cost. Market rate residential: 15-25% of hard costs. Affordable housing (LIHTC): typically capped at 15% of total development costs.
- LIHTC developer fee
- A key concept referenced by the Developer Fee %: Calculate developer fee as a percentage of total project cost. Market rate residential: 15-25% of hard costs. Affordable housing (LIHTC): typically capped at 15% of total development costs.