Muddy waters seller financing.

[Angel Dejesus]

I have a deal in the making that I’ve never done. Here’s the scoop It’s seller finance. Cash would be $159k

I would need to discuss this with my attorney but the nuts and bolts would be $184K purchase price, 7% interest only for 10 years with 20% down.

I’m looking to make sure my formula is correct but would like for members to break this down. Thanks