Compare Today's Home Equity Rates |
Advanced | Simple | FHA | USDA | VA | Early Payoff | Refinance | HELOC | Recast | Interest Only | Affordability |
Today's Home Equity Rates |
Check Today's Mortgage Rates |
Compare Refinance Rates |
Seller Financing Calculator is used to calculate the monthly mortgage payments with owner financing. The seller finance calculator is useful for homebuyers to estimate monthly payments and overall costs. It is also a helpful tool for homeowners to calculate passive income generated through owner's financing.
Owner Financing Calculator |
||||||
Home Value: |
$500,000.00 | |||||
Down Payment: |
$100,000.00 | |||||
Mortgage Amount: |
$400,000.00 | |||||
Monthly Payment: |
$2,458.97 | |||||
Total # Of Payments: |
360 | |||||
Start Date: |
Nov, 2024 | |||||
Payoff Date: |
Oct, 2054 | |||||
Total Interest Paid: |
$485,228.42 | |||||
Total Payment: |
$885,228.42 | |||||
Mortgage Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $2,078.33 | $380.63 | $2,458.97 | $399,619.37 | |
Dec, 2024 | 2 | $2,076.36 | $382.61 | $2,458.97 | $399,236.75 | |
Jan, 2025 | 3 | $2,074.37 | $384.60 | $2,458.97 | $398,852.15 | |
Feb, 2025 | 4 | $2,072.37 | $386.60 | $2,458.97 | $398,465.55 | |
Mar, 2025 | 5 | $2,070.36 | $388.61 | $2,458.97 | $398,076.95 | |
Apr, 2025 | 6 | $2,068.34 | $390.63 | $2,458.97 | $397,686.32 | |
May, 2025 | 7 | $2,066.31 | $392.66 | $2,458.97 | $397,293.66 | |
Jun, 2025 | 8 | $2,064.27 | $394.70 | $2,458.97 | $396,898.97 | |
Jul, 2025 | 9 | $2,062.22 | $396.75 | $2,458.97 | $396,502.22 | |
Aug, 2025 | 10 | $2,060.16 | $398.81 | $2,458.97 | $396,103.41 | |
Sep, 2025 | 11 | $2,058.09 | $400.88 | $2,458.97 | $395,702.53 | |
Oct, 2025 | 12 | $2,056.00 | $402.96 | $2,458.97 | $395,299.57 | |
Nov, 2025 | 13 | $2,053.91 | $405.06 | $2,458.97 | $394,894.51 | |
Dec, 2025 | 14 | $2,051.81 | $407.16 | $2,458.97 | $394,487.35 | |
Jan, 2026 | 15 | $2,049.69 | $409.28 | $2,458.97 | $394,078.07 | |
Feb, 2026 | 16 | $2,047.56 | $411.40 | $2,458.97 | $393,666.67 | |
Mar, 2026 | 17 | $2,045.43 | $413.54 | $2,458.97 | $393,253.13 | |
Apr, 2026 | 18 | $2,043.28 | $415.69 | $2,458.97 | $392,837.44 | |
May, 2026 | 19 | $2,041.12 | $417.85 | $2,458.97 | $392,419.59 | |
Jun, 2026 | 20 | $2,038.95 | $420.02 | $2,458.97 | $391,999.57 | |
Jul, 2026 | 21 | $2,036.76 | $422.20 | $2,458.97 | $391,577.36 | |
Aug, 2026 | 22 | $2,034.57 | $424.40 | $2,458.97 | $391,152.97 | |
Sep, 2026 | 23 | $2,032.37 | $426.60 | $2,458.97 | $390,726.36 | |
Oct, 2026 | 24 | $2,030.15 | $428.82 | $2,458.97 | $390,297.55 | |
Nov, 2026 | 25 | $2,027.92 | $431.05 | $2,458.97 | $389,866.50 | |
Dec, 2026 | 26 | $2,025.68 | $433.29 | $2,458.97 | $389,433.21 | |
Jan, 2027 | 27 | $2,023.43 | $435.54 | $2,458.97 | $388,997.67 | |
Feb, 2027 | 28 | $2,021.17 | $437.80 | $2,458.97 | $388,559.87 | |
Mar, 2027 | 29 | $2,018.89 | $440.08 | $2,458.97 | $388,119.80 | |
Apr, 2027 | 30 | $2,016.61 | $442.36 | $2,458.97 | $387,677.44 | |
May, 2027 | 31 | $2,014.31 | $444.66 | $2,458.97 | $387,232.78 | |
Jun, 2027 | 32 | $2,012.00 | $446.97 | $2,458.97 | $386,785.80 | |
Jul, 2027 | 33 | $2,009.67 | $449.29 | $2,458.97 | $386,336.51 | |
Aug, 2027 | 34 | $2,007.34 | $451.63 | $2,458.97 | $385,884.88 | |
Sep, 2027 | 35 | $2,004.99 | $453.97 | $2,458.97 | $385,430.91 | |
Oct, 2027 | 36 | $2,002.63 | $456.33 | $2,458.97 | $384,974.58 | |
Nov, 2027 | 37 | $2,000.26 | $458.70 | $2,458.97 | $384,515.87 | |
Dec, 2027 | 38 | $1,997.88 | $461.09 | $2,458.97 | $384,054.78 | |
Jan, 2028 | 39 | $1,995.48 | $463.48 | $2,458.97 | $383,591.30 | |
Feb, 2028 | 40 | $1,993.08 | $465.89 | $2,458.97 | $383,125.41 | |
Mar, 2028 | 41 | $1,990.66 | $468.31 | $2,458.97 | $382,657.10 | |
Apr, 2028 | 42 | $1,988.22 | $470.75 | $2,458.97 | $382,186.35 | |
May, 2028 | 43 | $1,985.78 | $473.19 | $2,458.97 | $381,713.16 | |
Jun, 2028 | 44 | $1,983.32 | $475.65 | $2,458.97 | $381,237.51 | |
Jul, 2028 | 45 | $1,980.85 | $478.12 | $2,458.97 | $380,759.39 | |
Aug, 2028 | 46 | $1,978.36 | $480.61 | $2,458.97 | $380,278.79 | |
Sep, 2028 | 47 | $1,975.87 | $483.10 | $2,458.97 | $379,795.68 | |
Oct, 2028 | 48 | $1,973.36 | $485.61 | $2,458.97 | $379,310.07 | |
Nov, 2028 | 49 | $1,970.83 | $488.14 | $2,458.97 | $378,821.93 | |
Dec, 2028 | 50 | $1,968.30 | $490.67 | $2,458.97 | $378,331.26 | |
Jan, 2029 | 51 | $1,965.75 | $493.22 | $2,458.97 | $377,838.04 | |
Feb, 2029 | 52 | $1,963.18 | $495.78 | $2,458.97 | $377,342.26 | |
Mar, 2029 | 53 | $1,960.61 | $498.36 | $2,458.97 | $376,843.90 | |
Apr, 2029 | 54 | $1,958.02 | $500.95 | $2,458.97 | $376,342.95 | |
May, 2029 | 55 | $1,955.42 | $503.55 | $2,458.97 | $375,839.39 | |
Jun, 2029 | 56 | $1,952.80 | $506.17 | $2,458.97 | $375,333.22 | |
Jul, 2029 | 57 | $1,950.17 | $508.80 | $2,458.97 | $374,824.42 | |
Aug, 2029 | 58 | $1,947.53 | $511.44 | $2,458.97 | $374,312.98 | |
Sep, 2029 | 59 | $1,944.87 | $514.10 | $2,458.97 | $373,798.88 | |
Oct, 2029 | 60 | $1,942.20 | $516.77 | $2,458.97 | $373,282.11 | |
Nov, 2029 | 61 | $1,939.51 | $519.46 | $2,458.97 | $372,762.65 | |
Dec, 2029 | 62 | $1,936.81 | $522.16 | $2,458.97 | $372,240.50 | |
Jan, 2030 | 63 | $1,934.10 | $524.87 | $2,458.97 | $371,715.63 | |
Feb, 2030 | 64 | $1,931.37 | $527.60 | $2,458.97 | $371,188.04 | |
Mar, 2030 | 65 | $1,928.63 | $530.34 | $2,458.97 | $370,657.70 | |
Apr, 2030 | 66 | $1,925.88 | $533.09 | $2,458.97 | $370,124.61 | |
May, 2030 | 67 | $1,923.11 | $535.86 | $2,458.97 | $369,588.75 | |
Jun, 2030 | 68 | $1,920.32 | $538.65 | $2,458.97 | $369,050.10 | |
Jul, 2030 | 69 | $1,917.52 | $541.45 | $2,458.97 | $368,508.65 | |
Aug, 2030 | 70 | $1,914.71 | $544.26 | $2,458.97 | $367,964.40 | |
Sep, 2030 | 71 | $1,911.88 | $547.09 | $2,458.97 | $367,417.31 | |
Oct, 2030 | 72 | $1,909.04 | $549.93 | $2,458.97 | $366,867.38 | |
Nov, 2030 | 73 | $1,906.18 | $552.79 | $2,458.97 | $366,314.59 | |
Dec, 2030 | 74 | $1,903.31 | $555.66 | $2,458.97 | $365,758.94 | |
Jan, 2031 | 75 | $1,900.42 | $558.55 | $2,458.97 | $365,200.39 | |
Feb, 2031 | 76 | $1,897.52 | $561.45 | $2,458.97 | $364,638.94 | |
Mar, 2031 | 77 | $1,894.60 | $564.36 | $2,458.97 | $364,074.58 | |
Apr, 2031 | 78 | $1,891.67 | $567.30 | $2,458.97 | $363,507.28 | |
May, 2031 | 79 | $1,888.72 | $570.24 | $2,458.97 | $362,937.04 | |
Jun, 2031 | 80 | $1,885.76 | $573.21 | $2,458.97 | $362,363.83 | |
Jul, 2031 | 81 | $1,882.78 | $576.19 | $2,458.97 | $361,787.64 | |
Aug, 2031 | 82 | $1,879.79 | $579.18 | $2,458.97 | $361,208.46 | |
Sep, 2031 | 83 | $1,876.78 | $582.19 | $2,458.97 | $360,626.28 | |
Oct, 2031 | 84 | $1,873.75 | $585.21 | $2,458.97 | $360,041.06 | |
Nov, 2031 | 85 | $1,870.71 | $588.25 | $2,458.97 | $359,452.81 | |
Dec, 2031 | 86 | $1,867.66 | $591.31 | $2,458.97 | $358,861.50 | |
Jan, 2032 | 87 | $1,864.58 | $594.38 | $2,458.97 | $358,267.11 | |
Feb, 2032 | 88 | $1,861.50 | $597.47 | $2,458.97 | $357,669.64 | |
Mar, 2032 | 89 | $1,858.39 | $600.58 | $2,458.97 | $357,069.07 | |
Apr, 2032 | 90 | $1,855.27 | $603.70 | $2,458.97 | $356,465.37 | |
May, 2032 | 91 | $1,852.13 | $606.83 | $2,458.97 | $355,858.54 | |
Jun, 2032 | 92 | $1,848.98 | $609.99 | $2,458.97 | $355,248.55 | |
Jul, 2032 | 93 | $1,845.81 | $613.16 | $2,458.97 | $354,635.39 | |
Aug, 2032 | 94 | $1,842.63 | $616.34 | $2,458.97 | $354,019.05 | |
Sep, 2032 | 95 | $1,839.42 | $619.54 | $2,458.97 | $353,399.51 | |
Oct, 2032 | 96 | $1,836.20 | $622.76 | $2,458.97 | $352,776.75 | |
Nov, 2032 | 97 | $1,832.97 | $626.00 | $2,458.97 | $352,150.75 | |
Dec, 2032 | 98 | $1,829.72 | $629.25 | $2,458.97 | $351,521.50 | |
Jan, 2033 | 99 | $1,826.45 | $632.52 | $2,458.97 | $350,888.98 | |
Feb, 2033 | 100 | $1,823.16 | $635.81 | $2,458.97 | $350,253.17 | |
Mar, 2033 | 101 | $1,819.86 | $639.11 | $2,458.97 | $349,614.06 | |
Apr, 2033 | 102 | $1,816.54 | $642.43 | $2,458.97 | $348,971.63 | |
May, 2033 | 103 | $1,813.20 | $645.77 | $2,458.97 | $348,325.86 | |
Jun, 2033 | 104 | $1,809.84 | $649.12 | $2,458.97 | $347,676.73 | |
Jul, 2033 | 105 | $1,806.47 | $652.50 | $2,458.97 | $347,024.23 | |
Aug, 2033 | 106 | $1,803.08 | $655.89 | $2,458.97 | $346,368.35 | |
Sep, 2033 | 107 | $1,799.67 | $659.30 | $2,458.97 | $345,709.05 | |
Oct, 2033 | 108 | $1,796.25 | $662.72 | $2,458.97 | $345,046.33 | |
Nov, 2033 | 109 | $1,792.80 | $666.16 | $2,458.97 | $344,380.16 | |
Dec, 2033 | 110 | $1,789.34 | $669.63 | $2,458.97 | $343,710.54 | |
Jan, 2034 | 111 | $1,785.86 | $673.11 | $2,458.97 | $343,037.43 | |
Feb, 2034 | 112 | $1,782.37 | $676.60 | $2,458.97 | $342,360.83 | |
Mar, 2034 | 113 | $1,778.85 | $680.12 | $2,458.97 | $341,680.71 | |
Apr, 2034 | 114 | $1,775.32 | $683.65 | $2,458.97 | $340,997.06 | |
May, 2034 | 115 | $1,771.76 | $687.20 | $2,458.97 | $340,309.86 | |
Jun, 2034 | 116 | $1,768.19 | $690.77 | $2,458.97 | $339,619.08 | |
Jul, 2034 | 117 | $1,764.60 | $694.36 | $2,458.97 | $338,924.72 | |
Aug, 2034 | 118 | $1,761.00 | $697.97 | $2,458.97 | $338,226.75 | |
Sep, 2034 | 119 | $1,757.37 | $701.60 | $2,458.97 | $337,525.15 | |
Oct, 2034 | 120 | $1,753.72 | $705.24 | $2,458.97 | $336,819.91 | |
Nov, 2034 | 121 | $1,750.06 | $708.91 | $2,458.97 | $336,111.00 | |
Dec, 2034 | 122 | $1,746.38 | $712.59 | $2,458.97 | $335,398.41 | |
Jan, 2035 | 123 | $1,742.67 | $716.29 | $2,458.97 | $334,682.11 | |
Feb, 2035 | 124 | $1,738.95 | $720.02 | $2,458.97 | $333,962.10 | |
Mar, 2035 | 125 | $1,735.21 | $723.76 | $2,458.97 | $333,238.34 | |
Apr, 2035 | 126 | $1,731.45 | $727.52 | $2,458.97 | $332,510.83 | |
May, 2035 | 127 | $1,727.67 | $731.30 | $2,458.97 | $331,779.53 | |
Jun, 2035 | 128 | $1,723.87 | $735.10 | $2,458.97 | $331,044.43 | |
Jul, 2035 | 129 | $1,720.05 | $738.92 | $2,458.97 | $330,305.52 | |
Aug, 2035 | 130 | $1,716.21 | $742.76 | $2,458.97 | $329,562.76 | |
Sep, 2035 | 131 | $1,712.35 | $746.61 | $2,458.97 | $328,816.15 | |
Oct, 2035 | 132 | $1,708.47 | $750.49 | $2,458.97 | $328,065.65 | |
Nov, 2035 | 133 | $1,704.57 | $754.39 | $2,458.97 | $327,311.26 | |
Dec, 2035 | 134 | $1,700.65 | $758.31 | $2,458.97 | $326,552.95 | |
Jan, 2036 | 135 | $1,696.71 | $762.25 | $2,458.97 | $325,790.69 | |
Feb, 2036 | 136 | $1,692.75 | $766.21 | $2,458.97 | $325,024.48 | |
Mar, 2036 | 137 | $1,688.77 | $770.19 | $2,458.97 | $324,254.28 | |
Apr, 2036 | 138 | $1,684.77 | $774.20 | $2,458.97 | $323,480.09 | |
May, 2036 | 139 | $1,680.75 | $778.22 | $2,458.97 | $322,701.87 | |
Jun, 2036 | 140 | $1,676.71 | $782.26 | $2,458.97 | $321,919.60 | |
Jul, 2036 | 141 | $1,672.64 | $786.33 | $2,458.97 | $321,133.28 | |
Aug, 2036 | 142 | $1,668.55 | $790.41 | $2,458.97 | $320,342.86 | |
Sep, 2036 | 143 | $1,664.45 | $794.52 | $2,458.97 | $319,548.35 | |
Oct, 2036 | 144 | $1,660.32 | $798.65 | $2,458.97 | $318,749.70 | |
Nov, 2036 | 145 | $1,656.17 | $802.80 | $2,458.97 | $317,946.90 | |
Dec, 2036 | 146 | $1,652.00 | $806.97 | $2,458.97 | $317,139.93 | |
Jan, 2037 | 147 | $1,647.81 | $811.16 | $2,458.97 | $316,328.77 | |
Feb, 2037 | 148 | $1,643.59 | $815.38 | $2,458.97 | $315,513.39 | |
Mar, 2037 | 149 | $1,639.36 | $819.61 | $2,458.97 | $314,693.78 | |
Apr, 2037 | 150 | $1,635.10 | $823.87 | $2,458.97 | $313,869.91 | |
May, 2037 | 151 | $1,630.82 | $828.15 | $2,458.97 | $313,041.76 | |
Jun, 2037 | 152 | $1,626.51 | $832.46 | $2,458.97 | $312,209.30 | |
Jul, 2037 | 153 | $1,622.19 | $836.78 | $2,458.97 | $311,372.52 | |
Aug, 2037 | 154 | $1,617.84 | $841.13 | $2,458.97 | $310,531.39 | |
Sep, 2037 | 155 | $1,613.47 | $845.50 | $2,458.97 | $309,685.89 | |
Oct, 2037 | 156 | $1,609.08 | $849.89 | $2,458.97 | $308,836.00 | |
Nov, 2037 | 157 | $1,604.66 | $854.31 | $2,458.97 | $307,981.70 | |
Dec, 2037 | 158 | $1,600.22 | $858.75 | $2,458.97 | $307,122.95 | |
Jan, 2038 | 159 | $1,595.76 | $863.21 | $2,458.97 | $306,259.74 | |
Feb, 2038 | 160 | $1,591.27 | $867.69 | $2,458.97 | $305,392.05 | |
Mar, 2038 | 161 | $1,586.77 | $872.20 | $2,458.97 | $304,519.85 | |
Apr, 2038 | 162 | $1,582.23 | $876.73 | $2,458.97 | $303,643.11 | |
May, 2038 | 163 | $1,577.68 | $881.29 | $2,458.97 | $302,761.82 | |
Jun, 2038 | 164 | $1,573.10 | $885.87 | $2,458.97 | $301,875.96 | |
Jul, 2038 | 165 | $1,568.50 | $890.47 | $2,458.97 | $300,985.49 | |
Aug, 2038 | 166 | $1,563.87 | $895.10 | $2,458.97 | $300,090.39 | |
Sep, 2038 | 167 | $1,559.22 | $899.75 | $2,458.97 | $299,190.64 | |
Oct, 2038 | 168 | $1,554.54 | $904.42 | $2,458.97 | $298,286.22 | |
Nov, 2038 | 169 | $1,549.85 | $909.12 | $2,458.97 | $297,377.09 | |
Dec, 2038 | 170 | $1,545.12 | $913.85 | $2,458.97 | $296,463.25 | |
Jan, 2039 | 171 | $1,540.37 | $918.59 | $2,458.97 | $295,544.65 | |
Feb, 2039 | 172 | $1,535.60 | $923.37 | $2,458.97 | $294,621.29 | |
Mar, 2039 | 173 | $1,530.80 | $928.16 | $2,458.97 | $293,693.12 | |
Apr, 2039 | 174 | $1,525.98 | $932.99 | $2,458.97 | $292,760.14 | |
May, 2039 | 175 | $1,521.13 | $937.83 | $2,458.97 | $291,822.30 | |
Jun, 2039 | 176 | $1,516.26 | $942.71 | $2,458.97 | $290,879.59 | |
Jul, 2039 | 177 | $1,511.36 | $947.61 | $2,458.97 | $289,931.99 | |
Aug, 2039 | 178 | $1,506.44 | $952.53 | $2,458.97 | $288,979.46 | |
Sep, 2039 | 179 | $1,501.49 | $957.48 | $2,458.97 | $288,021.98 | |
Oct, 2039 | 180 | $1,496.51 | $962.45 | $2,458.97 | $287,059.52 | |
Nov, 2039 | 181 | $1,491.51 | $967.45 | $2,458.97 | $286,092.07 | |
Dec, 2039 | 182 | $1,486.49 | $972.48 | $2,458.97 | $285,119.59 | |
Jan, 2040 | 183 | $1,481.43 | $977.53 | $2,458.97 | $284,142.06 | |
Feb, 2040 | 184 | $1,476.35 | $982.61 | $2,458.97 | $283,159.44 | |
Mar, 2040 | 185 | $1,471.25 | $987.72 | $2,458.97 | $282,171.72 | |
Apr, 2040 | 186 | $1,466.12 | $992.85 | $2,458.97 | $281,178.87 | |
May, 2040 | 187 | $1,460.96 | $998.01 | $2,458.97 | $280,180.86 | |
Jun, 2040 | 188 | $1,455.77 | $1,003.19 | $2,458.97 | $279,177.67 | |
Jul, 2040 | 189 | $1,450.56 | $1,008.41 | $2,458.97 | $278,169.26 | |
Aug, 2040 | 190 | $1,445.32 | $1,013.65 | $2,458.97 | $277,155.61 | |
Sep, 2040 | 191 | $1,440.05 | $1,018.91 | $2,458.97 | $276,136.70 | |
Oct, 2040 | 192 | $1,434.76 | $1,024.21 | $2,458.97 | $275,112.49 | |
Nov, 2040 | 193 | $1,429.44 | $1,029.53 | $2,458.97 | $274,082.96 | |
Dec, 2040 | 194 | $1,424.09 | $1,034.88 | $2,458.97 | $273,048.09 | |
Jan, 2041 | 195 | $1,418.71 | $1,040.26 | $2,458.97 | $272,007.83 | |
Feb, 2041 | 196 | $1,413.31 | $1,045.66 | $2,458.97 | $270,962.17 | |
Mar, 2041 | 197 | $1,407.87 | $1,051.09 | $2,458.97 | $269,911.08 | |
Apr, 2041 | 198 | $1,402.41 | $1,056.55 | $2,458.97 | $268,854.52 | |
May, 2041 | 199 | $1,396.92 | $1,062.04 | $2,458.97 | $267,792.48 | |
Jun, 2041 | 200 | $1,391.41 | $1,067.56 | $2,458.97 | $266,724.91 | |
Jul, 2041 | 201 | $1,385.86 | $1,073.11 | $2,458.97 | $265,651.80 | |
Aug, 2041 | 202 | $1,380.28 | $1,078.69 | $2,458.97 | $264,573.12 | |
Sep, 2041 | 203 | $1,374.68 | $1,084.29 | $2,458.97 | $263,488.83 | |
Oct, 2041 | 204 | $1,369.04 | $1,089.92 | $2,458.97 | $262,398.91 | |
Nov, 2041 | 205 | $1,363.38 | $1,095.59 | $2,458.97 | $261,303.32 | |
Dec, 2041 | 206 | $1,357.69 | $1,101.28 | $2,458.97 | $260,202.04 | |
Jan, 2042 | 207 | $1,351.97 | $1,107.00 | $2,458.97 | $259,095.04 | |
Feb, 2042 | 208 | $1,346.21 | $1,112.75 | $2,458.97 | $257,982.29 | |
Mar, 2042 | 209 | $1,340.43 | $1,118.53 | $2,458.97 | $256,863.75 | |
Apr, 2042 | 210 | $1,334.62 | $1,124.35 | $2,458.97 | $255,739.40 | |
May, 2042 | 211 | $1,328.78 | $1,130.19 | $2,458.97 | $254,609.22 | |
Jun, 2042 | 212 | $1,322.91 | $1,136.06 | $2,458.97 | $253,473.15 | |
Jul, 2042 | 213 | $1,317.00 | $1,141.96 | $2,458.97 | $252,331.19 | |
Aug, 2042 | 214 | $1,311.07 | $1,147.90 | $2,458.97 | $251,183.29 | |
Sep, 2042 | 215 | $1,305.11 | $1,153.86 | $2,458.97 | $250,029.43 | |
Oct, 2042 | 216 | $1,299.11 | $1,159.86 | $2,458.97 | $248,869.58 | |
Nov, 2042 | 217 | $1,293.08 | $1,165.88 | $2,458.97 | $247,703.69 | |
Dec, 2042 | 218 | $1,287.03 | $1,171.94 | $2,458.97 | $246,531.75 | |
Jan, 2043 | 219 | $1,280.94 | $1,178.03 | $2,458.97 | $245,353.72 | |
Feb, 2043 | 220 | $1,274.82 | $1,184.15 | $2,458.97 | $244,169.57 | |
Mar, 2043 | 221 | $1,268.66 | $1,190.30 | $2,458.97 | $242,979.27 | |
Apr, 2043 | 222 | $1,262.48 | $1,196.49 | $2,458.97 | $241,782.78 | |
May, 2043 | 223 | $1,256.26 | $1,202.70 | $2,458.97 | $240,580.08 | |
Jun, 2043 | 224 | $1,250.01 | $1,208.95 | $2,458.97 | $239,371.12 | |
Jul, 2043 | 225 | $1,243.73 | $1,215.24 | $2,458.97 | $238,155.89 | |
Aug, 2043 | 226 | $1,237.42 | $1,221.55 | $2,458.97 | $236,934.34 | |
Sep, 2043 | 227 | $1,231.07 | $1,227.90 | $2,458.97 | $235,706.44 | |
Oct, 2043 | 228 | $1,224.69 | $1,234.28 | $2,458.97 | $234,472.16 | |
Nov, 2043 | 229 | $1,218.28 | $1,240.69 | $2,458.97 | $233,231.47 | |
Dec, 2043 | 230 | $1,211.83 | $1,247.14 | $2,458.97 | $231,984.34 | |
Jan, 2044 | 231 | $1,205.35 | $1,253.62 | $2,458.97 | $230,730.72 | |
Feb, 2044 | 232 | $1,198.84 | $1,260.13 | $2,458.97 | $229,470.59 | |
Mar, 2044 | 233 | $1,192.29 | $1,266.68 | $2,458.97 | $228,203.92 | |
Apr, 2044 | 234 | $1,185.71 | $1,273.26 | $2,458.97 | $226,930.66 | |
May, 2044 | 235 | $1,179.09 | $1,279.87 | $2,458.97 | $225,650.78 | |
Jun, 2044 | 236 | $1,172.44 | $1,286.52 | $2,458.97 | $224,364.26 | |
Jul, 2044 | 237 | $1,165.76 | $1,293.21 | $2,458.97 | $223,071.05 | |
Aug, 2044 | 238 | $1,159.04 | $1,299.93 | $2,458.97 | $221,771.12 | |
Sep, 2044 | 239 | $1,152.29 | $1,306.68 | $2,458.97 | $220,464.44 | |
Oct, 2044 | 240 | $1,145.50 | $1,313.47 | $2,458.97 | $219,150.97 | |
Nov, 2044 | 241 | $1,138.67 | $1,320.30 | $2,458.97 | $217,830.67 | |
Dec, 2044 | 242 | $1,131.81 | $1,327.16 | $2,458.97 | $216,503.52 | |
Jan, 2045 | 243 | $1,124.92 | $1,334.05 | $2,458.97 | $215,169.47 | |
Feb, 2045 | 244 | $1,117.98 | $1,340.98 | $2,458.97 | $213,828.48 | |
Mar, 2045 | 245 | $1,111.02 | $1,347.95 | $2,458.97 | $212,480.53 | |
Apr, 2045 | 246 | $1,104.01 | $1,354.95 | $2,458.97 | $211,125.58 | |
May, 2045 | 247 | $1,096.97 | $1,361.99 | $2,458.97 | $209,763.58 | |
Jun, 2045 | 248 | $1,089.90 | $1,369.07 | $2,458.97 | $208,394.51 | |
Jul, 2045 | 249 | $1,082.78 | $1,376.18 | $2,458.97 | $207,018.33 | |
Aug, 2045 | 250 | $1,075.63 | $1,383.34 | $2,458.97 | $205,634.99 | |
Sep, 2045 | 251 | $1,068.45 | $1,390.52 | $2,458.97 | $204,244.47 | |
Oct, 2045 | 252 | $1,061.22 | $1,397.75 | $2,458.97 | $202,846.72 | |
Nov, 2045 | 253 | $1,053.96 | $1,405.01 | $2,458.97 | $201,441.71 | |
Dec, 2045 | 254 | $1,046.66 | $1,412.31 | $2,458.97 | $200,029.40 | |
Jan, 2046 | 255 | $1,039.32 | $1,419.65 | $2,458.97 | $198,609.75 | |
Feb, 2046 | 256 | $1,031.94 | $1,427.02 | $2,458.97 | $197,182.73 | |
Mar, 2046 | 257 | $1,024.53 | $1,434.44 | $2,458.97 | $195,748.29 | |
Apr, 2046 | 258 | $1,017.08 | $1,441.89 | $2,458.97 | $194,306.40 | |
May, 2046 | 259 | $1,009.58 | $1,449.38 | $2,458.97 | $192,857.01 | |
Jun, 2046 | 260 | $1,002.05 | $1,456.91 | $2,458.97 | $191,400.10 | |
Jul, 2046 | 261 | $994.48 | $1,464.48 | $2,458.97 | $189,935.61 | |
Aug, 2046 | 262 | $986.87 | $1,472.09 | $2,458.97 | $188,463.52 | |
Sep, 2046 | 263 | $979.23 | $1,479.74 | $2,458.97 | $186,983.78 | |
Oct, 2046 | 264 | $971.54 | $1,487.43 | $2,458.97 | $185,496.34 | |
Nov, 2046 | 265 | $963.81 | $1,495.16 | $2,458.97 | $184,001.19 | |
Dec, 2046 | 266 | $956.04 | $1,502.93 | $2,458.97 | $182,498.26 | |
Jan, 2047 | 267 | $948.23 | $1,510.74 | $2,458.97 | $180,987.52 | |
Feb, 2047 | 268 | $940.38 | $1,518.59 | $2,458.97 | $179,468.93 | |
Mar, 2047 | 269 | $932.49 | $1,526.48 | $2,458.97 | $177,942.46 | |
Apr, 2047 | 270 | $924.56 | $1,534.41 | $2,458.97 | $176,408.05 | |
May, 2047 | 271 | $916.59 | $1,542.38 | $2,458.97 | $174,865.67 | |
Jun, 2047 | 272 | $908.57 | $1,550.39 | $2,458.97 | $173,315.27 | |
Jul, 2047 | 273 | $900.52 | $1,558.45 | $2,458.97 | $171,756.82 | |
Aug, 2047 | 274 | $892.42 | $1,566.55 | $2,458.97 | $170,190.27 | |
Sep, 2047 | 275 | $884.28 | $1,574.69 | $2,458.97 | $168,615.58 | |
Oct, 2047 | 276 | $876.10 | $1,582.87 | $2,458.97 | $167,032.72 | |
Nov, 2047 | 277 | $867.87 | $1,591.09 | $2,458.97 | $165,441.62 | |
Dec, 2047 | 278 | $859.61 | $1,599.36 | $2,458.97 | $163,842.26 | |
Jan, 2048 | 279 | $851.30 | $1,607.67 | $2,458.97 | $162,234.59 | |
Feb, 2048 | 280 | $842.94 | $1,616.02 | $2,458.97 | $160,618.57 | |
Mar, 2048 | 281 | $834.55 | $1,624.42 | $2,458.97 | $158,994.15 | |
Apr, 2048 | 282 | $826.11 | $1,632.86 | $2,458.97 | $157,361.29 | |
May, 2048 | 283 | $817.62 | $1,641.34 | $2,458.97 | $155,719.94 | |
Jun, 2048 | 284 | $809.09 | $1,649.87 | $2,458.97 | $154,070.07 | |
Jul, 2048 | 285 | $800.52 | $1,658.45 | $2,458.97 | $152,411.62 | |
Aug, 2048 | 286 | $791.91 | $1,667.06 | $2,458.97 | $150,744.56 | |
Sep, 2048 | 287 | $783.24 | $1,675.72 | $2,458.97 | $149,068.84 | |
Oct, 2048 | 288 | $774.54 | $1,684.43 | $2,458.97 | $147,384.40 | |
Nov, 2048 | 289 | $765.78 | $1,693.18 | $2,458.97 | $145,691.22 | |
Dec, 2048 | 290 | $756.99 | $1,701.98 | $2,458.97 | $143,989.24 | |
Jan, 2049 | 291 | $748.14 | $1,710.82 | $2,458.97 | $142,278.42 | |
Feb, 2049 | 292 | $739.25 | $1,719.71 | $2,458.97 | $140,558.70 | |
Mar, 2049 | 293 | $730.32 | $1,728.65 | $2,458.97 | $138,830.06 | |
Apr, 2049 | 294 | $721.34 | $1,737.63 | $2,458.97 | $137,092.43 | |
May, 2049 | 295 | $712.31 | $1,746.66 | $2,458.97 | $135,345.77 | |
Jun, 2049 | 296 | $703.23 | $1,755.73 | $2,458.97 | $133,590.03 | |
Jul, 2049 | 297 | $694.11 | $1,764.86 | $2,458.97 | $131,825.18 | |
Aug, 2049 | 298 | $684.94 | $1,774.03 | $2,458.97 | $130,051.15 | |
Sep, 2049 | 299 | $675.72 | $1,783.24 | $2,458.97 | $128,267.91 | |
Oct, 2049 | 300 | $666.46 | $1,792.51 | $2,458.97 | $126,475.40 | |
Nov, 2049 | 301 | $657.15 | $1,801.82 | $2,458.97 | $124,673.58 | |
Dec, 2049 | 302 | $647.78 | $1,811.18 | $2,458.97 | $122,862.39 | |
Jan, 2050 | 303 | $638.37 | $1,820.60 | $2,458.97 | $121,041.80 | |
Feb, 2050 | 304 | $628.91 | $1,830.05 | $2,458.97 | $119,211.74 | |
Mar, 2050 | 305 | $619.40 | $1,839.56 | $2,458.97 | $117,372.18 | |
Apr, 2050 | 306 | $609.85 | $1,849.12 | $2,458.97 | $115,523.06 | |
May, 2050 | 307 | $600.24 | $1,858.73 | $2,458.97 | $113,664.33 | |
Jun, 2050 | 308 | $590.58 | $1,868.39 | $2,458.97 | $111,795.94 | |
Jul, 2050 | 309 | $580.87 | $1,878.09 | $2,458.97 | $109,917.84 | |
Aug, 2050 | 310 | $571.11 | $1,887.85 | $2,458.97 | $108,029.99 | |
Sep, 2050 | 311 | $561.31 | $1,897.66 | $2,458.97 | $106,132.33 | |
Oct, 2050 | 312 | $551.45 | $1,907.52 | $2,458.97 | $104,224.81 | |
Nov, 2050 | 313 | $541.53 | $1,917.43 | $2,458.97 | $102,307.37 | |
Dec, 2050 | 314 | $531.57 | $1,927.40 | $2,458.97 | $100,379.98 | |
Jan, 2051 | 315 | $521.56 | $1,937.41 | $2,458.97 | $98,442.57 | |
Feb, 2051 | 316 | $511.49 | $1,947.48 | $2,458.97 | $96,495.09 | |
Mar, 2051 | 317 | $501.37 | $1,957.60 | $2,458.97 | $94,537.50 | |
Apr, 2051 | 318 | $491.20 | $1,967.77 | $2,458.97 | $92,569.73 | |
May, 2051 | 319 | $480.98 | $1,977.99 | $2,458.97 | $90,591.74 | |
Jun, 2051 | 320 | $470.70 | $1,988.27 | $2,458.97 | $88,603.47 | |
Jul, 2051 | 321 | $460.37 | $1,998.60 | $2,458.97 | $86,604.87 | |
Aug, 2051 | 322 | $449.98 | $2,008.98 | $2,458.97 | $84,595.89 | |
Sep, 2051 | 323 | $439.55 | $2,019.42 | $2,458.97 | $82,576.47 | |
Oct, 2051 | 324 | $429.05 | $2,029.91 | $2,458.97 | $80,546.55 | |
Nov, 2051 | 325 | $418.51 | $2,040.46 | $2,458.97 | $78,506.09 | |
Dec, 2051 | 326 | $407.90 | $2,051.06 | $2,458.97 | $76,455.03 | |
Jan, 2052 | 327 | $397.25 | $2,061.72 | $2,458.97 | $74,393.31 | |
Feb, 2052 | 328 | $386.54 | $2,072.43 | $2,458.97 | $72,320.87 | |
Mar, 2052 | 329 | $375.77 | $2,083.20 | $2,458.97 | $70,237.67 | |
Apr, 2052 | 330 | $364.94 | $2,094.02 | $2,458.97 | $68,143.65 | |
May, 2052 | 331 | $354.06 | $2,104.90 | $2,458.97 | $66,038.74 | |
Jun, 2052 | 332 | $343.13 | $2,115.84 | $2,458.97 | $63,922.90 | |
Jul, 2052 | 333 | $332.13 | $2,126.84 | $2,458.97 | $61,796.07 | |
Aug, 2052 | 334 | $321.08 | $2,137.89 | $2,458.97 | $59,658.18 | |
Sep, 2052 | 335 | $309.97 | $2,148.99 | $2,458.97 | $57,509.19 | |
Oct, 2052 | 336 | $298.81 | $2,160.16 | $2,458.97 | $55,349.03 | |
Nov, 2052 | 337 | $287.58 | $2,171.38 | $2,458.97 | $53,177.65 | |
Dec, 2052 | 338 | $276.30 | $2,182.67 | $2,458.97 | $50,994.98 | |
Jan, 2053 | 339 | $264.96 | $2,194.01 | $2,458.97 | $48,800.97 | |
Feb, 2053 | 340 | $253.56 | $2,205.41 | $2,458.97 | $46,595.57 | |
Mar, 2053 | 341 | $242.10 | $2,216.87 | $2,458.97 | $44,378.70 | |
Apr, 2053 | 342 | $230.58 | $2,228.38 | $2,458.97 | $42,150.32 | |
May, 2053 | 343 | $219.01 | $2,239.96 | $2,458.97 | $39,910.36 | |
Jun, 2053 | 344 | $207.37 | $2,251.60 | $2,458.97 | $37,658.76 | |
Jul, 2053 | 345 | $195.67 | $2,263.30 | $2,458.97 | $35,395.46 | |
Aug, 2053 | 346 | $183.91 | $2,275.06 | $2,458.97 | $33,120.40 | |
Sep, 2053 | 347 | $172.09 | $2,286.88 | $2,458.97 | $30,833.52 | |
Oct, 2053 | 348 | $160.21 | $2,298.76 | $2,458.97 | $28,534.76 | |
Nov, 2053 | 349 | $148.26 | $2,310.71 | $2,458.97 | $26,224.05 | |
Dec, 2053 | 350 | $136.26 | $2,322.71 | $2,458.97 | $23,901.34 | |
Jan, 2054 | 351 | $124.19 | $2,334.78 | $2,458.97 | $21,566.56 | |
Feb, 2054 | 352 | $112.06 | $2,346.91 | $2,458.97 | $19,219.65 | |
Mar, 2054 | 353 | $99.86 | $2,359.11 | $2,458.97 | $16,860.54 | |
Apr, 2054 | 354 | $87.60 | $2,371.36 | $2,458.97 | $14,489.18 | |
May, 2054 | 355 | $75.28 | $2,383.68 | $2,458.97 | $12,105.49 | |
Jun, 2054 | 356 | $62.90 | $2,396.07 | $2,458.97 | $9,709.42 | |
Jul, 2054 | 357 | $50.45 | $2,408.52 | $2,458.97 | $7,300.90 | |
Aug, 2054 | 358 | $37.93 | $2,421.03 | $2,458.97 | $4,879.87 | |
Sep, 2054 | 359 | $25.35 | $2,433.61 | $2,458.97 | $2,446.26 | |
Oct, 2054 | 360 | $12.71 | $2,446.26 | $2,458.97 | $0.00 |
Seller financing also known as owner financing is a mortgage provided by the home seller where the home seller acts as a seller and a lender.
Seller financing allows the homebuyer to pay the seller in installments instead of getting a mortgage from traditional lenders like banks, credit unions, or other financial institutions. Seller financing gives professional real estate investors the option to cut out the middleman from transactions and therefore improve their margins and bottom lines. Only a small number of sellers are taking the role of lenders in real estate.
There are different types of seller financing mortgages or agreements between the seller and the buyer.
The seller has no mortgage and therefore is free and clear of any liens on the property. The buyer makes a down payment and pays monthly mortgage payments including principal and interest to the seller. The free and clear arrangement works similarly to a conventional mortgage.
A short-term loan from the seller to the buyer. A land contract often involves balloon payments where the buyer makes low initial monthly payments and a final lump sum payment to pay off the whole loan balance. With a land contract, the seller has the rights to the title until the loan is paid in full. The buyer gets only an equitable interest in the property.
The seller has a transferable mortgage which allows the buyer to assume the mortgage and take over the mortgage payments. If the mortgage has a low-interest rate, the buyers are more willing to assume the mortgage and save money on interest payments.
Also known as a wrap-around mortgage or All Inclusive Trust Deed (AITD) uses a promissory note between the seller and the buyer. A sizable down payment is required from the homebuyer.
Also known as rent-to-own where the buyer has the option to lease the property with the intent to buy the property in the future. In a lease option, the buyer pays an option fee to the seller to have the exclusive rights to buy the property at a later date.
A loan is used to finance the purchase of land instead of a property.
There are advantages and drawbacks of seller financing for both the homebuyer and the home seller.
Not only are there benefits and drawbacks for buyers, but there are also pros and cons of seller financing for sellers.
Mortgage Calculator | Terms | Privacy | Disclaimer | Contact
©2024 Mortgage Calculator