Description
Calculate a supplied commitment fee on an unused facility balance.
Corporate finance calculations require consistent accounting periods, currencies, share bases and contract definitions. Restricted cash differs from available cash, a discount fraction depends on its denominator, and a debt or reserve balance is a bookkeeping relation. Supplied cash flows and rates describe scenarios rather than verified accounts or investment outcomes.
Calculate a supplied commitment fee on an unused facility balance.
When to use this tool
Use Facility Commitment Fee Unused Base when you already have facilityLimit, drawnAmount, annualFeeFraction, yearFraction and need to calculate a supplied commitment fee on an unused facility balance.
How to use the tool and how it works
- Enter facilityLimit, drawnAmount, annualFeeFraction, yearFraction. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read unusedAmount, commitmentFee. Use the output convention below.
Require nonnegative limit/drawn/rate/year fraction and drawn<=limit; unused=limit-drawn, fee=unused*annualFeeFraction*yearFraction.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| facilityLimit | Facility Limit | Required. Finite number; minimum 0. |
| drawnAmount | Drawn Amount | Required. Finite number; minimum 0. |
| annualFeeFraction | Annual Fee Fraction | Required. Finite number; minimum 0. |
| yearFraction | Year Fraction | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| unusedAmount | Unused Amount | Required. Finite number. |
| commitmentFee | Commitment Fee | Required. Finite number. |
{
"input": {
"facilityLimit": 1000000,
"drawnAmount": 600000,
"annualFeeFraction": 0.005,
"yearFraction": 0.25
},
"output": {
"unusedAmount": 400000,
"commitmentFee": 500
}
}Limitations and assumptions
- Rate and period use a supplied simple-accrual basis with no compounding or day count. No agreement, eligibility, changing daily balance, tax or actual fee is determined.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Reconcile actual statements, financing agreements, cap tables and cash-flow forecasts. Use full contractual terms and appropriate valuation or accounting methods when a local balance, fraction or present-value term cannot answer the financial question.
References
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