sfrcalc.comDeal terms
$
%
Seller note
%
yrs
yrs
Balance at balloon
$0
Note amount
$0
Down payment
$0
Monthly payment
$0
Payments until balloon
0
| Down payment (at closing) | |
| Payments received through balloon | |
| Balloon payoff | |
| Total collected by seller |
| Original purchase price (principal) | |
| Total interest earned |
Payments are calculated as if the note amortizes over the full amortization term (or interest-only, if selected); if the balloon comes due before that term ends, the buyer still owes whatever principal remains. Set balloon due to the same number of years as the amortization term (or leave it longer) for a note that pays off in full with no balloon. Figures here are estimates for planning purposes, not financial, tax, or legal advice — seller-financed notes involve real legal and underwriting considerations (usury limits, dealer-financing rules, security instruments) that vary by state, so have an attorney draw up or review the note.
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