About the Defeasance Calculator

The Defeasance Calculator helps you estimate the total cost to defease a loan. The total cost includes the estimated cost to purchase the defeasance collateral (the government securities) and estimated transaction costs.

The Merrill Defeasance Calculator uses actual market prices for various securities to estimate the total securities cost. Since prices of securities fluctuate, the calculations represent an estimate of the as-current prices only. For a more precise quote, please contact us.