Question 1

What does this calculator do that the individual tools don't?

Accepted Answer

It combines the pieces that usually get priced separately — the note itself, an optional wrap, and the value of the terms — so you can see how they interact on one deal instead of retyping numbers across pages.

Question 2

How do I turn on the wraparound section?

Accepted Answer

Enter a balance for the underlying loan under "Wrap around an existing loan." As soon as it's filled in, the wrap loan summary appears using a subject-to-style two-note structure. For the all-inclusive (AITD) alternative and a full wrap schedule, use the dedicated Wraparound Mortgage Calculator.

Question 3

What does "value of terms" mean here?

Accepted Answer

It's the present-value gap between this seller-financed note and a market-rate loan on the same amount and term, at your expected hold. A positive number means the buyer is saving money versus a bank loan; it only fully accrues if you hold the note to its balloon or maturity.

Question 4

Why don't I see investor returns or a tax estimate on this page?

Accepted Answer

This hub is scoped to financing structure and the value of the terms. Investment returns and the seller's tax picture read the same underlying deal — use the linked Rental Property and Installment Sale Tax calculators for those, and nothing you've entered here needs to be retyped.

Question 5

How is the monthly payment calculated with a balloon?

Accepted Answer

The note amortizes as if it ran the full term; the balloon replaces the final scheduled payment with the remaining balance instead of extending or shrinking the earlier payments.

Question 6

Can I combine an interest-only start with a balloon?

Accepted Answer

Yes — the interest-only period comes first, standard payments resume after it, and the balloon (if set) still replaces whichever payment falls on its due date.

Creative Deal Calculator