Vessel Acquisition • LTV • Debt Service • Balloon • DSCR • Break-Even TCE • Refinance Risk
Ship Loan & Vessel Financing Calculator
Model ship acquisition financing from equity at closing through monthly debt service, total interest, balloon exposure and vessel earnings coverage. Advanced mode adds interest-only periods, detailed acquisition costs, target DSCR, refinance / exit value, stress cases and a full annual debt schedule.
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Need interest-only months, detailed closing costs, target DSCR, maturity vessel value or refinance stress? Click Advanced above.Simple models a standard level-payment facility with separate loan maturity and amortization period. Any balance remaining at maturity is shown as a balloon.Vessel Purchase & Loan
Purchase price only.
% of purchase price funded with equity.
%/year planning rate.
years until facility maturity.
years used to size level principal + interest payments.
% of initial loan amount.
Vessel Earnings & OPEX
per earning day, before vessel OPEX.
days/year.
Used only for balloon / maturity-LTV screening.
Acquisition & Equity
% purchase price.
% initial loan.
Cash tied up at closing, not treated as expense.
Debt Structure
%/year. For floating debt, use the planning base + margin.
years.
months.
years used to size post-IO level payments.
% of beginning-year principal, applied at year end.
x. Use the actual lender covenant if known.
Operating Cash Flow
per earning day.
Exclude debt service and vessel OPEX already entered.
Optional recurring liquidity reserve deducted from CFADS.
Maturity / Refinance Screen
% of vessel value.
Planning screen only, not a universal covenant.
Financing Stress Cases
Stress all-in interest rate, TCE, OPEX and maturity vessel value without entering vessel or counterparty names.
| Case | Rate change pts | TCE change % | OPEX change % | Vessel value change % |
|---|
Decision Readiness
Financing limitation: this is a planning model, not a loan agreement or credit approval. Actual ship-finance facilities can include floating base rates, hedging, minimum liquidity, debt-service reserve accounts, cash sweeps, mandatory prepayments, value-maintenance clauses, lender valuation procedures, covenants, insurance assignments, mortgages, guarantees, taxes and fees not modeled here.