Purchase Money Mortgage Calculator

 

Some borrowers with solid income streams may need to seek alternative sources of financing due to having a poor credit score or lumpy, irreglar income. This calculator allows a buyer and seller to figure out what the balance due will be in the future after a steady stream of loan payments on an owner-financed home sale. After the calculation is done you can generate a printable amortization schedule.

Mortgage Loan Details

Mortgage loan amount:
Annual interest rate (APR %):
Desired monthly mortgage payment:

Years before loan is payable in full:

Your Results

Mortgage balance after specified number of years:

Create a Printable Amortization Schedule

Loan Origination Date:

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