INTEREST RATES FOR ASSUMED A MORTIZATIONS


Interest Rates for Assumed Amortizations (Updated 11/2018)
  Stage Date of Calculation6 Other Than Big 5 Buffalo Rochester Syracuse Yonkers NYC8
Big 4
Retro Projects1,4,5                
  Prelim. Spring 2002 4.500%          
  Final3 Sept 2002 4.500%2 4.750% 4.250% 5.375% 4.625%  
Prospective Projects1,7
CAD*
7/1/18 -
6/30/19
Prelim Sept-2018 2.500% 2.500% 2.875% 3.625% 2.625% 3.250%
Final
CAD*
7/1/17 -
6/30/18
Prelim. Sept-2017 2.000%35 2.250% 1.125% 2.000% 3.625% 3.000%
Final Sept-2018 2.500%36 2.500%37 2.875% 3.625% 2.625% 3.250%
CAD*
7/1/16 -
6/30/17
Prelim. Sept-2016 2.000%34 2.000%12 2.125% .500% 2.250% 3.000%
Final Sept-2017 2.000%35 2.250% 1.125% 2.000% 3.625% 3.000%
CAD*
7/1/15 -
6/30/16
Prelim. Sept-2015 2.125%30 2.125% 2.750% 3.250% 2.500% 3.375%
Final Sept-2016 2.000%34 2.000%32 2.125% .500% 2.250% 3.000%
CAD*
7/1/14 -
6/30/15
Prelim. Sept-2014 2.250%28 2.250% 2.250% 1.750% 2.250% 2.875%
Final Sept-2015 2.125%30 3.000% 2.750% 3.250% 2.500% 3.375%
CAD*
7/1/13 - 6/30/14
Prelim. Sept-2013 2.250%26 2.250%12 2.875% 2.250% 2.250% 2.625%
Final Sept-2014 2.250%28 2.250%29 2.250%29 1.750% 2.250%29 2.875%
CAD*
7/1/12 -
6/30/13
Prelim. Sept-2012 2.375%25 3.000%12 3.875% 2.125% 2.375% 3.125%
Final Sept-2013 2.250%26 3.625% 2.875% 2.250%27 2.250% 2.625%
CAD*
7/1/11 -
6/30/12
Prelim. Sept-2011 2.625%33 4.375%12 2.625%24 4.125% 3.375% 3.750%
Final Sept-2012 2.375%25 3.250% 3.875% 2.125% 2.375% 3.125%
CAD*
7/1/10 -
6/30/11
Prelim. Sept-2010 3.000%22 4.625%12 3.750% 3.000%23 .375% 3.750%
Final Sept-2011 2.625%33 4.375% 2.625%24 4.125% 3.375% 3.750%
CAD*
7/1/09 - 6/30/10
Prelim. Sept-2009 3.500%20 4.250%12 3.500%21 3.500%21 2.250% 4.875%
Final Sept-2010 3.000%22 4.625%12 3.750% 3.000%23 .375% 3.750%
CAD*
7/1/08 - 6/30/09
Prelim. Sept-2008 3.625%19 4.750%12 3.000% 4.750% 4.125% 3.875%
Final Sept-2009 3.500%20 4.250%12 3.500%21 3.500%21 2.250% 4.875%
CAD*
7/1/07 - 6/30/08
Prelim. Sept-2007 3.875%17 4.375%12 3.875% 4.125% 4.375% 4.625%
Final Sept-2008 3.625%19 4.750%12 3.000% 4.750% 4.125% 3.875%
CAD*
7/1/06 - 6/30/07
Prelim. Sept-2006 4.000%16 4.750%12 3.875% 4.500% 3.875% 5.250%
Final Sept-2007 3.875%17 4.375%12 3.875%18 4.125% 4.375% 4.625%
CAD*
7/1/05 - 6/30/06
Prelim. Sept-2005 3.875%14 4.625%12 3.125% 4.000% 2.250% 4.375%
Final Sept-2006 4.000%16 4.750%12 3.875% 4.500% 3.875% 5.250%
CAD*
7/1/04 - 6/30/05
Prelim. Sept-2004 3.875% 4.750%12 3.250% 3.875% 3.375% 4.625%
Final Sept-2005 3.875%14 4.625%12 3.125% 4.000% 2.250% 4.375%
CAD*
7/1/03 - 6/30/04
Prelim. Sept-2003 3.875%9 4.375% 1.875% 3.875% 3.375% 4.000%
Final Sept-2004 3.875%13 4.750%12 3.250% 3.875% 3.375% 4.750%
CAD*
7/1/02 - 6/30/03
Prelim. Sept-2002 4.500%2 4.750% 4.250% 5.375% 4.625% 5.250%
Final Sept-2003 3.875%9 4.375% 3.875%15 3.875%10 3.875% 4.875%
CAD*
7/1/01 - 6/30/02
Prelim. Spring-2002 4.500% 4.750% 4.250% 5.375% 4.625%11 6.375%
Final3 Sept-2002 4.500%2 4.750% 4.250% 5.375% 4.625%11 5.125%

* Commissioner's Approval Date (The statewide average interest rate for prospective projects will be assigned to projects based on CAD, and will remain the same for the term of the assumed amortization, except as indicated in note #3 below.)

Footnotes

Last Updated: November 26, 2018