MASC Loan Calculator
The Young Farmer Rebate, part of the Bridging Generations Initiative, assists young farmers with limited equity to develop, expand, or reorganize their farming operations. The Young Farmer Rebate is a rebate of up to 2% on $150,000 of principal for each of the first 5 years of the loan. The rate for a YFR rebate is determined by MASC's 5-year rate at the time of loan commencement, as shown in the table below:
|5-Year Rate||YFR Rate|
|> 4% to 5%||1.25%|
|> 5% to 6%||1.50%|
|> 6% to 7%||1.75%|
The lifetime maximum YFR rebate per individual is $15,000, with any unused portion applicable to subsequent loans.
Note: The Young Farmer Rebate is not available on Environmental Enhancement Loans, Alternate Energy Loans, BSE Recovery Loans, or Comprehensive Refinancing Loans.
Under MASC's Bridging Generations Initiative, producers between 18 and 39 years of age may be eligible for flexible financing terms on their MASC loan, greatly reducing their start-up costs and initial cash flow pressures.
For the selected loan of $. a qualified producer can choose between:
Disclaimer: This calculator is for estimation purposes only.
For an offical amortization, please contact your local MASC Lending Representative.