Calculate your exact monthly payment on any seller-financed deal — including balloon payments — before you sign anything.
What is Seller Financing? Instead of borrowing from a bank, the seller becomes your lender. You make monthly payments directly to them at terms you negotiate — rate, term, down payment, and balloon. This calculator shows you exactly what you're agreeing to, including how much of each payment goes to interest vs. principal.
🤝 Enter Your Seller Finance Terms
Total agreed purchase price
$
Cash you pay at closing
$
Purchase price minus down payment (auto-calculated)
$
Negotiated rate — seller finance often runs 5–8%
%
How long the loan is amortized over — 30 years is common
yrs
When the remaining balance is due in full. Leave 0 for no balloon (full amortization).
yrs
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Your Monthly Payment
$0
Principal & Interest
Total Payments
$0
Over full term
Total Interest
$0
Cost of borrowing
Balloon Balance
None
Due at balloon date
Month 1 — Interest
$0
Of first payment
Month 1 — Principal
$0
Of first payment
Down Payment
$0
Paid at closing
💡 How Does This Compare to a Bank Loan?
Your seller finance rate
0%
Current conventional 30yr rate (approx)
~7.5%
Your monthly payment
$0
Equivalent bank payment at 7.5%
$0
Monthly savings vs bank financing
$0
Deal Analysis
Year
Starting Balance
Annual Payments
Interest Paid
Principal Paid
Ending Balance
Seller Finance Negotiation Tips: The three most powerful levers in seller finance are the interest rate, the term, and whether there's a balloon. A lower rate saves you hundreds per month. A longer term (30 years vs. 15) dramatically lowers your payment. A balloon gives the seller security while keeping your payments low — just have an exit plan for when it comes due. For sellers carrying a note, show them the Note Investor's Yield Calculator so they understand what return they're earning.