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Mortgagee Consent Cost Calculator

Consent fees: transaction friction cost.

$
$

Annual consent cost

$123,000

Cost per transaction

$20,500

Total fee per transaction

$20,500

How the math works

Per-transaction = processing + attorney. Annual = per-transaction × frequency.

$8.5k + $12k = $20.5k per transaction × 6 = $123k/yr consent cost.

How to Use

  1. Enter lender processing fee.
  2. Enter attorney fees.
  3. Enter total transactions per year.
  4. Read annual consent cost.

Frequently Asked Questions

When needed?

Major lease (above threshold). Lease assignment/sublease. Capital improvement above threshold. SNDA execution. Loan assumption. Sale of limited partner interest. Transfer of mortgaged property. Each triggers consent review.

Typical fees?

Processing: $2.5k-15k per request. Lender counsel: $5k-25k. Standard documentation review: 2-4 weeks. Complex transactions (assumption, material amendment): $15k-75k all-in. Higher for CMBS vs agency.

Reducing friction?

Negotiate thresholds up at origination. Pre-approved lease criteria matrix. Pre-approved amendment templates. Automatic approvals below thresholds. Good lender relationships speed review. Some borrowers build 'consent fee' reserve.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.

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