How is developer's equity being calculated ?

Developer's Equity Calculation Breakdown:

Finance costs

= interest costs + lender fees (e.g. commitment, exit fees)

Development costs (inc. finance)

= purchase costs + build costs + other costs + finance costs

For example, if interest is rolled-up and there are also exit fees (use the Exit fee toggle) that are paid by being deducted from the sales proceeds.

Then,

Developer’s equity

= development costs (inc. finance) - total borrowing - interest costs (because developer’s equity does not need to cover rolled-up interest) - exit fees (because developer’s equity does not need to cover exit fees)