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This topic describes SAM 3.0 and has not been revised for SAM 2009 Beta. You may find useful information, especially if you are new to SAM, but some of the information may be inconsistent with the new version. |
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For projects financed by a loan or mortgage, the total debt payment is the sum of interest and principal payments:
Total Debt Payment =
Debt Interest Payment + Debt Payment
Payments are calculated annually. The annual interest payment is the product of Rate and Loan (Debt) Fraction on the Financials page and Total Installed Costs on the Costs page. Debt Payment is the principal payment, and is a function of the Rate, Term, and Loan (Debt) Fraction on the Financials page.