Rise Lending Group

Tools

Seller finance calculator

Show a seller what carrying the note actually pays. Enter the sale terms and the seller's current mortgage to see the buyer's payment, the cash the seller walks away with, the monthly spread, and the balloon due when the term ends.

Seller finance calculator

Seller & buyer view

Sale terms

$
%

$42,500 down

7.500%
30 yr

Balloon payment term

The buyer's remaining balance comes due at year 5.

Seller's mortgage & closing costs

$
$

What you still owe — netted out of your payout.

$

Seller-side estimate, subtracted at closing.

Taxes and insurance already built in.

$

About $3,600 a year

$

About $1,200 a year

Buyer's monthly payment
$2,674
Seller's net monthly cash flow
$424
$42,500
Down payment received
$139,881
Total interest earned
$2,250
Seller pays / mo
Seller's bottom line
Net cash at closing
$17,500

Down payment minus closing costs; your mortgage stays in place.

Monthly passive income
$424

Buyer's payment minus your own mortgage cost.

Balloon payment
$361,912

Balance due when the note balloons at year 5.

Total lifetime payout
$229,881

Everything collected, net of your own mortgage.

How the lifetime payout is built

  • Down payment received+$42,500
  • Buyer's payments over 5 yr+$160,470
  • Balloon at year 5+$361,912
  • Your mortgage payments over 5 yr−$135,000
  • Your mortgage payoff−$200,000
  • Total lifetime payout$229,881
Note balance to the balloon
$378,974
after 1 yr · $28,568 interest in
$375,174
after 2 yr · $56,862 interest in
$371,079
after 3 yr · $84,861 interest in
$366,667
after 4 yr · $112,543 interest in
$361,912
after 5 yr · $139,881 interest in

Estimate only. The buyer's payment is principal and interest amortized over the full amortization period, and whatever principal is left comes due as a balloon payment at the end of the balloon term. Net cash at closing is the down payment minus your closing costs and assumes your existing mortgage stays in place; if your lender requires a payoff at closing, that balance comes out of it too. Lifetime payout nets your own mortgage payments and payoff over the balloon term, and assumes your balance stays roughly flat until then. The buyer's own taxes, insurance, and HOA are not included, and the seller's carrying cost is their current mortgage payment plus the taxes and insurance you entered. Seller financing has legal, tax, and licensing considerations — we'll walk through the structure with you and your professionals before anyone signs.

Structuring a seller-financed sale?

The numbers are only half the conversation. We'll review the buyer's credit, the seller's existing mortgage, and the terms with you before anyone signs.

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FAQ

Seller finance questions.

What is seller financing?+

Seller financing means the seller acts as the lender instead of a bank. The buyer pays a down payment, signs a promissory note, and makes monthly payments to the seller, who earns interest on the balance over the agreed term.

Why would a seller agree to carry the loan?+

Sellers often earn more interest than they would in a savings account, spread the sale across years instead of taking one lump sum, avoid some closing costs, and open their home to buyers who can't qualify for a bank loan. This calculator shows the monthly spread and total interest so the trade-off is concrete.

What happens to the seller's existing mortgage?+

Most mortgages include a due-on-sale clause that lets the lender call the loan due when the home transfers. That's why the calculator compares the seller's current payment against the income the new note produces before you structure anything.

What rate and term are typical?+

Seller-financed notes often price above bank rates to reflect the risk, commonly in the 5–10% range with 5–15 year terms, sometimes with a balloon payment. Rules vary by state, and financing repeatedly can raise licensing questions, so review the structure with your attorney or CPA before signing.

What is a balloon payment?+

A balloon payment is the remaining note balance that comes due in full at the end of the balloon term — commonly 3 to 7 years. The buyer's monthly payment is calculated over the full amortization period, so the balloon is whatever principal is left when the term ends. Buyers usually plan to refinance or sell before it comes due, so build that timeline into the conversation.

Ready to see what you qualify for?

Start with a quick conversation or apply now. Either way, a real person will be with you the whole way.

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