Calculators
Numbers you can check yourself.
Tools for the questions that come up before a file is even opened. Every one of them runs on figures you supply and shows its working — none of them quotes our pricing or anyone else’s.
The tools
Will the whole deal qualify?
The building, the practice, the leaseholds and the equipment together, projected the way the file actually goes to a lender — year by year, with the coverage number underwriters look at.
Open the calculatorRent versus buy
The one cost that never stops against a payment that falls and ends. Handles a zero-down purchase, an interest-only opening and lump-sum prepayments.
Open the calculatorWhat the practice is worth
Adjusted earnings after the cost of replacing your own clinical hours, a value on the multiple you choose, and whether that price covers its own debt.
Open the calculatorWhat the financing costs
Commitment, legal, appraisal and environmental fees added up — and what they do to the real cost of the money once the term is taken into account.
Open the calculatorCash you need at closing
British Columbia and Alberta side by side. Property transfer tax against land titles registration, plus the professional costs that land on the same day.
Open the calculatorOwn it, or stay associate
Your pay against an owner’s take-home with the loan payment on it — the year-one cut, the year it turns, and the equity that piles up alongside.
Open the calculatorRestructuring what you already owe
For a clinic already trading. Which facilities are going nowhere at today’s payment, what the equity in your building could carry, and what a single structure would free up each month.
Open the calculatorHow these are built. Every calculator on this desk is verified against authoritative Canadian methodology before it ships, with hand-computed test cases checked against the implemented arithmetic. Where a figure depends on pricing, it is an input you control rather than a number we assert.
Rent versus buy
Rent never stops. A loan does.
Renting your premises is the one cost that rises every year and leaves you nothing. Owning them is a payment that falls every month and ends. Put your own numbers in and see where the two lines cross.
The premises
What you pay now
Monthly cost, side by side
A commercial principal-and-interest loan: a fixed slice of principal every month plus interest on what is still owed, so the payment falls as the balance does. Not a blended mortgage payment. Arithmetic on figures you supplied — not an approval, a pre-approval, or an offer.
Practice value
Profit is not earnings, and earnings are what gets financed.
An owner-operator’s take-home mixes two different things: a return on the business, and payment for the clinical work they personally do. A lender separates them, because after the sale someone still has to do the work. This runs the same subtraction, then puts a value on what is left.
The practice
If you financed it at that price
Coverage is measured on the first year, when the payment is at its highest, and on earnings after paying someone to do your clinical work. That is the conservative reading and the one worth knowing. Arithmetic on figures you supplied — not a valuation, an approval or an offer.
Cost of the financing
The rate is not the price.
Commercial financing carries costs the rate never shows: a commitment fee, two sets of legal bills, an appraisal, often an environmental report. Add them up and they change what the money actually costs — and the shorter the loan, the harder they bite, because the same dollars are spread over fewer payments.
The facility
The costs
“What the money really costs” is the rate that makes the payments you will actually make equal the money you actually keep after the costs come out. It is the only figure that lets you compare two offers priced differently. Arithmetic on figures you supplied — not a quote.
Closing costs
What has to be in the account on closing day.
British Columbia charges a property transfer tax on the building. Alberta charges no transfer tax at all — only a land titles registration fee, which on the same purchase is a fraction of the cost. On a seven-figure clinic that difference is the single largest line on this page.
Where the practice is
The purchase
Professional costs
British Columbia’s general property transfer tax runs 1% on the first $200,000, 2% to $2,000,000 and 3% above that; the further 2% above $3,000,000 applies to residential property only, so a clinic or medical building does not pay it. Alberta charges $50 plus $5 per $5,000 to register the transfer and the same again on the mortgage, rounded up to the next $5,000. Rates confirmed against the provincial schedules; they can change, and your lawyer’s statement of adjustments governs.
Restructuring
Debt that is going nowhere.
Most established clinics are not carrying one loan. They are carrying six, added a year at a time — a mortgage, a practice loan, equipment leases, an operating line, a card. Some of them, at the payment being made, will never clear. Put them all in one place and see what the building could carry instead.
What you owe today
What it could look like instead
The new payment shown is the opening one, the highest it will ever be, because a commercial principal-and-interest loan starts high and falls. Lowering a payment by stretching debt over a longer period can cost more interest in total, so both figures are shown and neither is hidden. Arithmetic on figures you supplied — not an approval or an offer.
Own, or stay associate
The raise nobody can give you.
An associate is paid once, for the clinical work. An owner is paid twice — for the work, and for the business. The first year usually charges for that privilege, because the loan payment starts at its highest. It falls every month after that. Put your own numbers in and find the year it turns.
You today
The practice you would buy
The loan
A commercial principal-and-interest loan: a fixed slice of principal plus interest on what is still owed, so the payment falls as the balance does — which is exactly why there is a computable year where ownership pulls ahead. Arithmetic on figures you supplied. Not tax advice, not a valuation, not an offer; how income is actually drawn from a corporation is a conversation for your accountant.
The whole deal
Projected the way a lender actually reads it.
This is the arithmetic of a real projections package — the kind an accountant prepares and a credit team reads. Each piece of the deal gets its own schedule; the interest-only years get tested against the first year real principal is due; and the answer is the coverage number the file lives or dies on.
See the same idea on a funded file: North Shore medical clinic financing — real estate, leasehold improvements and operating credit underwritten as one project.
The practice’s cash flow
The building — leave at zero if leasing
Practice, leaseholds and equipment
Everything else
Principal is repaid from after-tax dollars, so the “before-tax cash” line grosses it up at the small-business rate — that is the number the practice actually has to earn. Modelled on the anonymised projections prepared for a real financed clinic; arithmetic on figures you supplied. Not an approval, a pre-approval, or an offer, and not tax advice.
Get started
A calculator is a starting point, not an answer
Real numbers on a real file come from a conversation. Bring what you have and you will get a straight read on it.