Payment Calculator

What would the payment be?

Work out the monthly payment on a seller-financed contract, including the tax and insurance reserves if you plan to escrow them. Nothing here is sent to us.

Estimated monthly payment

$1,963.26

  • Principal & interest
  • Tax
  • Insurance
Principal & interest
$1,663.26
Property tax
$200.00
Insurance
$100.00

Over the full term

Payments
360
Total interest
$348,772
Total of payments
$598,772

About these numbers

This is an estimate on a level-payment, fully amortizing contract — the common shape for seller financing, where the same payment each month retires the balance by the end of the term.

It doesn’t account for a balloon payment, an adjustable rate, HOA dues, mortgage insurance, or a servicing fee. Your actual contract governs, and where the two disagree, the contract is right.

Working out terms both sides can live with? Call (801) 627-6800 — we’ve watched a lot of these contracts run their course.

Numbers agreed? We’ll keep the ledger.

Once the terms are set, setting up servicing takes one form, a copy of the contract and the supporting documents.