~ CALCULATOR ~
Use the Owner Financing Calculator to project net dollars to you, that is your net cash on the table that you can expect at the closing of your transaction.
Our minimum note purchase is $50,000 up to $300,000.00. (NY & CA non-available for this program)
| one to four family home, investor or owner occupied | |
| $200,000 | is the appraised value and the selling price |
| $10,000 | 5% down payment |
| $190,000 | is the seller financed amount at 9.99% interest, 30 year fixed, plus MI and Taxes and Insurance, no balloon no prepayment penalty, minimum closing cost, no loan origination fee, no discount points, no packaging fees, no insurance-tax escrow. |
| $10,000 | buyer's 5% down payment |
| $165,300 | from the sale of the note ($190,000.00 x .87*) |
| $175,300 | is the cash paid to seller at closing. |
Discount may vary depending on credit of buyer typical discounts are 13% - 15%, but range from 10% to 15%