Water Info

Formulas and Conversions for Water Main Design

This calculator will calculate the Engineer's Design Fee for a Illinois Rural Development Project.
This calculator will calculate the yearly payment for a Illinois Rural Development Loan.

RURAL DEVELOPMENT Design FEE CALCULATOR

Contruction Fee:

Click this button to calculate the Engineer's Fee:

Engineer's Design Fee $:

Number of Contracts

Cost of Construction - Design Fee(For Projects over $100,000)

First $100,000 - 15.0%

Next $200,000 - 12.0%

Next $200,000 - 10.0%

Next $300,000 - 9.0%

Next $750,000 - 8.0%

Next $1,000,000 - 7.5%

Next $4,000,000 - 7.0%

Next $7,000,000 - 6.5%

The contracts are added to the original design fee amount based on the %'s listed above. The 2nd contract is 5% of the original design fee and each additional contract are each 3% of the original design fee.

RURAL DEVELOPMENT Repayment CALCULATOR

Loan Amount: no commas please
Interest: e.g. 12%
Number of Years: round up to nearest year

Click this button to calculate the Yearly Payment:

Yearly Loan amount $: