Understanding the Proposal

How is "Your Solar Payment" Calculated?

"Your Solar Payment' represents the monthly payments the customer will make for the majority of their solar loan. If the loan reamortizes then this number will be the amount after re-amortization. 

 

Typically, the period after re-amortization is longer than the period before, or the promo period. This is why we use the post re-amortization payment, as it is more representative of how much the homeowner will be paying monthly. 

NOTE: If the customer is paying cash, this number will be $0, because it is assumed they'll be paying up front.