Know your debt service before the lender does.
Debt analysis is one capability inside SchoolStack Budget - not the whole product. Most school leaders use Budget for planning, board budgets, and growth decisions. When you do need financing, this capability lets you model a facility loan, line of credit, or fit-out financing inside your full 5-year plan - DSCR, monthly debt service, and how much room you really have - then export a packet underwriters know how to read.
Built for: School leaders raising facility financing or refinancing existing debt. If you aren't pursuing debt, you can skip this capability - Budget is still useful for planning, board budgets, and growth decisions.
Build a Lender-Grade PlanA look at what you'll work with.
Faithful previews of the views, charts, and controls you'll use in the product.
Wizard · Loan & Facility Inputs · Lending Lab
●Real loan terms, not back-of-envelopeModel the real loan you're being offered - rate, amortization, balloon, interest-only, all of it.
Wizard · 5-Year Output · DSCR + cash flow
●Lender-ready DSCR table built inDSCR by year, debt service, and cash flow are bundled into a packet you can hand to a lender.
How it works.
5 steps from blank page to a finished view you can share.
Enter your loan and facility inputs.
Loan amount, rate, amortization, interest-only periods, and any balloon. Budget handles standard terms and the unusual ones lenders sometimes ask for.
Connect debt service to your 5-year cash flow.
Monthly principal and interest land in the cash flow automatically, so you see whether the school can actually carry the payment - not just whether the model balances on paper.
Track DSCR year by year.
See your debt service coverage ratio for each year against the 1.2x lender benchmark. Budget flags the year you're tightest so you can shore it up before underwriting.
Stress-test with the Lending Lab.
Run rate sensitivity, payment shock, and revenue stress scenarios on the loan. See whether DSCR holds up under conditions a lender would reasonably test.
Export the Five Year Financial Model.
A PDF that bundles 5-year projections, DSCR table, assumptions, and a Board and Funder Summary - the structure underwriters expect, without you formatting a thing.
Common questions.
What is DSCR and why do lenders care?
What is DSCR and why do lenders care?
Debt Service Coverage Ratio is your operating cash divided by annual debt payments. Lenders typically want 1.2x or higher - meaning the school generates 20% more than it owes. Budget calculates this automatically and shows you the trough year.
Can I model interest-only periods or a balloon payment?
Can I model interest-only periods or a balloon payment?
Yes. The loan inputs support standard amortization, interest-only periods, balloons, and irregular draw schedules common in facility financing.
Does this work for a CDFI loan with an unusual structure?
Does this work for a CDFI loan with an unusual structure?
Yes. CDFI structures with variable rates, deferred payments, or grant-paired financing can all be modeled. The DSCR and cash flow updates accordingly.
What does the Five Year Financial Model actually include?
What does the Five Year Financial Model actually include?
5-year P&L and cash flow, DSCR table, assumptions documentation, sensitivity analysis, and a Board and Funder Summary - bundled as a single PDF underwriters can review in one sitting.
Walk into your loan meeting prepared.
DSCR, payment shock, sensitivity - all calculated, all in a packet a lender already knows how to read. Free during beta.
Build a Lender-Grade Plan