USA
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This program calculates the Cost or Benefit to the Buyer of a Seller Take Back Mortgage. Often, the seller of a property provides a mortgage called a "Seller or Vendor Take Back Mortgage" to the buyer of the property. The interest rate for the Take Back Mortgage may be different from the current market rate for a similar mortgage. Example: What would be the financial benefit for the purchaser if the interest rate for a $1,000,000 Seller Take-Back Mortgage is 5%, with a three year term and 15 year amortization period? The market interest rate for a similar mortgage is 7%? Answer: $50,406.58
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Powerful, versatile cost benefit analysis
Affordable, versatile and easy to use software
Real Estate Investment, Hold v Sell, Lease and Development Analysis.
1-877-878-1828
| Calculator | Seller Take-Back Mortgage. (Cost/Benefit) |
