MASC Loan Calculator

1. Select Loan Amount: $ An amount is required A valid amount is requiredAmount too small
2. Select Loan Term:    {comments}
3. Select Payments per Year:   
4. Select MASC or Other Interest Rate :   MASC Rate   or    Other Rate   
   (as of {last_masc_update})
An amount is required A valid amount is requiredAmount too small

   {years}-year loan,
   {total_payments} payments,
   {per_year} payments per year

  5. Select Loan Option and Calculate:
  Young Farmer Rebate
  Management Training Credit

Loan Calculator

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Click the 'Calculate' button to view the selected loan's amortization table.

Young Farmer Rebate

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% 1.00%
> 4% to 5% 1.25%
> 5% to 6% 1.50%
> 6% to 7% 1.75%
> 7% 2.00%

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.

Flexible Financing

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:

  • Interest-only payments for the first 5 years of the loan, or
  • 90% financing with only a 10% down payment.

Disclaimer: This calculator is for estimation purposes only.
For an offical amortization, please contact your local MASC Lending Representative.